Corporate income taxes, mining royalties and other mining taxes: A summary of rates and rules in selected countries

This summary of income taxes, mining taxes and mining royalties should allow the reader to roughly compare the various governmental costs of investing in a mining operation in a particular country. The countries included in this comparative summary are the following: Argentina, Australia, Brazil, Canada, Chile, China, Democratic Republic of the Congo, Republic of the Congo, Germany, Ghana, India, Indonesia, Kazakhstan, Mexico, Peru, the Philippines, Russian Federation, South Africa, Tanzania, Ukraine, United Kingdom and the United States.

We have gathered specific tax information by country regarding coal, copper, gold and iron ore mineral operations.

Major challenges often lie in the administration of the rules and regulations by the tax authorities, rather than in the legislation itself. This summary provides basic tax and royalty information for specified countries and minerals. Please ensure you are using the most current version of this document by checking at pwc.com/mining.