Brazils Mining Fiscal Regime: H2 2014: Industry Research, Analysis and Forecast

on Monday, 17 November 2014 include new market research report " Brazils Mining Fiscal Regime, H2 2014: Industry Size, Shares, Growth, Analysis, Trends And Forecast" to its huge collection of research reports.

Brazilian fiscal regime report covers the governing bodies, governing laws, licenses, rights and obligations and tax-related information on 12 commodities: coal, iron ore, copper, zinc, bauxite, gold, chromium, nickel, platinum, diamond, uranium and manganese. The mining industry in Brazil is governed by the Ministry of Mines and Energy (MME) and the Brazil Geological Survey (CPRM). The Mining Code of 1967 regulates all mineral exploration and extraction activity in Brazil. The code specifies deposits and mines, and sets rules and regulations for authorization, concession, licensing and permits, and plans the duties of holders of mining rights and regulating authorities, among others.

The report outlines Brazil’s governing bodies, laws, mining licenses, mining rights and obligations and key fiscal terms which includes Royalty, Corporate Income Tax, Land Owner Royalty, Annual Tax, Withholding Tax, Depreciation Rates and Value Added Tax, VAT

Sample of Table of Contents:-

1 Executive Summary

2 The Brazilian Mining Industry – Governing Bodies
2.1 Ministry of Mines and Energy (MME)
2.2 National Department of Mineral Production (DNPM)
2.3 Brazil Geological Survey (CPRM)
2.4 Ministry of Science and Technology (MCT)
2.4.1 National Commission of Nuclear Energy (CNEN)
2.4.2 Industrias Nucleares do Brasil SA (INB)

3 The Brazilian Mining Industry – Governing Laws
3.1 The Mining Code
3.2 Law No. 4.118
3.3 Law No. 6.189
3.4 Law No. 9765...............

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Key highlights:-

  • The MME came into force with Law No. 3782 of July 22, 1960. It is an apex body for the formulation and administration of regulations relating to the mining and energy industries’ resources.
  • The DNPM is a federal agency that reports to the MME, focuses on planning and promoting mineral exploration, and supervises geological and mineral technology.
  • The CPRM is a federal government organization under the jurisdiction of the MME is responsible for performing geological and hydrological surveys, and also provides directives for the strategic discovery of minerals
  • The Mining Code of 1967 was adopted to encourage mineral exploration. The code defines deposits and mines, and sets requirements and conditions for obtaining authorization, concession, licenses and permits.
  • An EIA study is mandatory for mining companies or concession holders to obtain a license to perform mining activities.

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