This edition of PwC’s semi-annual comparison of effective income tax rates in the global mining industry covers 55 companies throughout the world that mine precious metals, base metals, industrial minerals (including cement) and/or coal. The companies included are headquartered in a variety of countries from every continent. This edition comprises: (1) commentary and analysis; (2) a sortable spreadsheet containing tax data from each of the 55 companies; and (3) a compilation of the tax footnotes from the financial statements of those companies.
We believe the real value in the comparison is analysing it to discern what the adjustments really mean and how they originated. Is a particular item 'typical' when looking at other mining companies in general or in the same segment or in the same country? Do similar companies have it? Should they? Is the item likely to repeat next year? Might there be a similar/mirror item going the other way next year (creating a valuation allowance this year, will it reverse next year)? Your local PricewaterhouseCoopers mining tax professionals would be happy to meet with you and determine if an effective rate study might be of benefit to your company.
We try to improve the comparison each year, so we welcome your input. Please contact Steve Ralbovsky, our Global Mining Tax Leader and US Mining Leader, at +1 602 364-8193 with comments or questions about the contents of the comparison. For a hard copy, please contact Jennifer Baska at +1 602 364-8000.
Publications Search Page
Commentary & Analysis (188kb)
Sortable Microsoft Excel Spreadsheet (2.4mb)