Overview of The Philippines Mining Fiscal Regime: H2 2015 Market Research Report

ResearchMoz added Latest Research Report titled ” The Philippines Mining Fiscal Regime: H2 2015 ” to it’s Large Report database.

Synopsis

Timetric’s Filipino fiscal regime outlines the governing bodies, laws, licenses, rights, obligations, and tax-related information on seven commodities: iron ore, coal, copper, zinc, gold, nickel and chromium.

Executive summary

Timetric’s fiscal regime report covers The Philippines which has variety of mineral resources, including copper, nickel, cobalt, and gold. Deposits are categorized into metals and non-metals. The mining industry is governed by the Department of Environment and Natural Resources (DENR), and the Mines and Geosciences Bureau. The Philippine Mining Act of 1995 is the apex governing law for the country’s mining industry.

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Scope

The report outlines the governing bodies, laws, licenses, rights, obligations, and key fiscal terms which include royalty, excise tax, corporate income tax, capital gains tax, withholding tax, optional standard deductions, depreciation, loss carry forward and value added tax (VAT)

Reasons to buy

Gain an overview of The Philippines mining fiscal regime

Key highlights

  • The DENR is the main governing body for mineral resources in the Philippines
  • The Land Management Bureau provides long- and medium-term strategic plans for the land sector, and monitoring and evaluation tools to ensure the achievement of goals
  • The Philippine Mining Act of 1995 (RA 7942) is the main law governing the exploration, development, utilization and processing of mineral resources. It establishes state ownership of all mineral resources
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Table of Content

1 Executive Summary 1

2 The Philippines Mining Industry – Governing Bodies 7
2.1 Department of Energy (DOE) 7
2.2 Department of Environment and Natural Resources (DENR) 7
2.2.1 Environmental Management Bureau (EMB) 7
2.2.2 Land Management Bureau (LMB) 7
2.3 Mines and Geosciences Bureau (MGB) 7
2.3.1 Mine Management Division 7
2.3.2 Mining Environment and Safety Division 7
2.3.3 Mining Technology Division 7
2.3.4 Mining Tenement Management Division 7
2.3.5 Mineral Economics, Information and Publications Division 8
2.3.6 Land Geological Survey Division 8

3 The Philippines Mining Industry – Governing Laws 9
3.1 Philippine Mining Act of 1995 9
3.2 Republic Act No. 7076 9
3.3 Philippine Environment Laws 9

4 The Philippines Mining Industry – Mining Permits and Contracts 10
4.1 Exploration Permit 10
4.1.1 Duration 10
4.1.2 Area 10

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