Total tax contribution

Download Total tax contribution study of the global mining industry (702kb)

The first ever Total tax contribution study for the global mining sector reveals the total taxes of fourteen of the world’s largest mining companies, focusing on their largest operations in a variety of countries.

The study was prepared by our London based Total tax contribution (TTC) group and is the first industry wide study our firm has prepared on a global basis for any industry.

The study will make the overall contribution of mining companies to the public finances of the countries where they operate much clearer.

The results show that mining companies pay many other taxes and payments to government, as well as corporate income tax. The full extent of this contribution is not always recognised because sometimes only corporate income tax is separately disclosed in the financial statements, and this can reduce a company’s perceived impact on the public good.

Studies such as this increase in value as they are repeated in later years and the data from the various years, or from various industries, is compared. The TTC and mining teams hope to repeat this study, perhaps in several forms (such as on a per-company basis), to get the maximum comparative value for future readers.

We welcome your comments and feedback on the study.

For further information or if you have any questions about the survey or the Total tax contribution methodology, please contact a member of the Total tax contribution team listed to the right.