Insights on Incentives: Tax competition in mining
This paper highlights key findings from an analysis of the IGF Mining Tax Incentives Database, a collection of files comparing the fiscal regimes of 104 mining projects across 21 countries.
Resource-rich countries compete to attract mining investment but run the risk of offering poorly designed tax incentives.
The use of poorly designed tax holidays in mining leads countries to forgo vital revenues in exchange for unknown benefits—revenues which are needed to fund public services and infrastructure.
This paper highlights key findings from an analysis of the IGF Mining Tax Incentives Database, a collection of files comparing the fiscal regimes of 104 mining projects across 21 countries.
The database is the first large-scale, systematic attempt to compile tax incentives used by developing country governments to attract mining investment. It is also the first public effort to bring together incentives granted in mining contracts.
This is made possible through greater contract transparency—in particular, the availability of resource contracts compiled by the Natural Resource Governance Institute (NRGI), Columbia Center on Sustainable Investment (CCSI), the World Bank and Open Oil.
You might also be interested in
Lithium Mining in Chile
This case study describes Chile’s environmental challenges and associated social issues relating to lithium extraction from brine and examines the country’s policy measures for managing them.
Lithium Mining in Australia
This case study describes Western Australia's environmental challenges and associated social issues related to lithium mining and examines policy measures for management.
From Voluntary to Binding
This report examines how sustainability standards and initiatives are integrated into public mining governance, from voluntary to mandatory use, with case studies from Brazil, Madagascar, and Sweden.
Permitting for Critical Minerals
This report examines how governments can streamline permitting for critical mineral mining projects while protecting communities, human health, and the environment. Drawing on case studies across five continents, it identifies the characteristics of efficient permitting systems and provides practical tools for improving processes.