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Thailand & Kyrgyzstan Mining Market Fiscal Regime H1 2014

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Thailand’s Mining Fiscal Regime: H1 2014

Synopsis

Timetric's Thailand fiscal regime report outlines governing bodies, governing laws, mining ownership and licenses, mining rights and obligations and key fiscal terms covering five commodities: coal, iron ore, copper, gold and silver.

Summary

The mining industry is governed by the Ministry of Industry, the Ministry of Natural Resources and Environment and the Ministry of Energy. The Department of Primary Industries and Mines under the Ministry of Industry is the government's body responsible for the administration and promotion of the mining industry and mineral trades, as well as providing safety and pollution-control requirements in compliance with the Minerals Act.

Scope

The report outlines Thailand's governing bodies, governing laws, mining ownership and licenses, mining rights and obligations and key fiscal terms which includes, Corporate Income Tax (CIT), Deductions, Withholding Tax, Remittance Tax, Depreciation Rates, Loss Carry Forward, Property Tax, Tax Incentives and Value Added Tax (VAT).

 

Complete Report available @ http://marketreportsstore.com/thailands-mining-fiscal-regime-h1-2014/ .

Key highlights

·         Ministry of Industry plays vital role in the mineral and mining industry of Thailand. The Ministry takes charge and control of the execution of Mineral Act and has the power to appoint competent officials and issue ministerial regulations.

·         Department of Primary Industries and Mines (DPIM) under the Ministry of Industry is the government body responsible for the administration and promotion of the mining industry and mineral trades as well as providing safety and pollution-control requirements in compliance with the Minerals Act.

·         Ministry of Natural Resources and Environment was established in accordance with the Administrative Organization of the State Act B.E. 2534 amended in B.E. 2545.

·         The Ministry of Energy is a small ministry responsible for urgent government issues. The ministry aims to achieve sustainable energy management.

 

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Kyrgyzstan’s Mining Fiscal Regime: H1 2014

Synopsis

Timetric's Kyrgyzstan fiscal regime report outlines governing bodies, governing laws and key fiscal terms covering three commodities: copper, gold and lead.

Summary

Kyrgyzstan has substantial deposits of coal and gold. Mineral resources form much of the country's economic potential. Its mining industry is governed by the Ministry of Industry, Energy and Fuel Resources and the State Geology Agency for Geology and Mineral Resources. The Law of the Kyrgyz Republic "On Subsoil" is the apex law for the mining industry in Kyrgyzstan.

Scope

The report outlines Kyrgyzstan's governing bodies, governing laws and key fiscal terms which includes, Tax on use of Subsoil, Bonuses, Royalty, Corporate Income Tax, Land Tax, Withholding Tax, Depreciation, Loss Carry Forward and Value Added Tax (VAT).

 

Complete Report available @ http://marketreportsstore.com/kyrgyzstans-mining-fiscal-regime-h1-2014/ .

Key highlights

·         The Ministry of Industry, Energy and Fuel Resources of the Kyrgyz Republic is the central state executive authority carrying out state policy on the development of the energy sector and industry, coal mining, pipelines and renewable energy.

·         The State Agency on Geology and Mineral Resources of the Kyrgyz Republic is the public agency that implements policy in the field of subsoil use and the development of the mining industry.

·         The State Agency on Geology and Mineral Resources under the Kyrgyz government administers the licensing of subsoil use. Licensing is mandatory for all types of mineral subsoil use.

·         The Geology Department is part of the State Agency for Geology and Minerals of the Kyrgyz Republic.

Reasons to buy

To gain an overview of Kyrgyzstan's mining fiscal regime.

 

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