The Future of Resource Taxation: A roadmap
The framework document for the IGF and ATAF's Future of Resources Taxation project.
Most developing country governments have struggled to fully realize the expected revenues from the mining sector due to a range of challenges, both external, such as aggressive tax planning by multinationals, and internal, including weak enforcement of tax laws and overly generous tax incentives.
The current mining fiscal regime, with its reliance on corporate income tax and widespread use of tax incentives, is unlikely to deliver strong, sustained government revenue for developing countries.
Well-designed fiscal policy is necessary to ensure that resource-rich countries make the most out of the potential for additional sources of revenue and new economic linkages from low-carbon minerals.
The Future of Resource Taxation project is a partnership between the IGF and the African Tax Administration Forum (ATAF).
This document explains why now is the right time to take stock of mining taxation and consider alternative futures, as well as how the dialogue will work practically. It sets out how mining is typically taxed, explores the emerging trends (as well as old and new challenges that have motivated this project), and explains the various steps involved in the dialogue and participation. Finally, the document outlines the values that underpin this process.
You might also be interested in
Protecting the Right to Tax Mining Income
This practice note is a tool to help resource-rich governments protect their tax base from risks associated with tax treaties.
IGF Case Study: The Importance of Consultation and Engagement in Environmental and Social Impact Assessments
Highlighting good legal frameworks that cover a mine's life cycle and presenting illustrative cases from Canada and Peru.
Crean aplicación para apoyar las buenas prácticas en el sector minero. Así favorece a la minería artesanal (in Spanish)
Como finalistas del Gran Reto de la Minería Artesanal, MAPE Progress App ya recibió 750 mil dólares para acelerar el desarrollo de la iniciativa. En noviembre, si resultan ganadores, recibirían 1 millón de dólares más. La apliacación le abre oportunidades a los mineros artesanales y de pequela escala, y a los formalizados.
National Workshop on Artisanal and Small-Scale Mining, Illicit Financial Flows, and Conflict in Niger
The IGF organized a workshop for officials in Niger to promote dialogue on ASM governance challenges related to illicit financial flows and conflict.