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The Philippines has a 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. Get more details of report at: http://www.reportscue.com/philippines-mining-fiscal-regime-h2-2014-market
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Main Title Market Research Report Philippines’ Mining Fiscal Regime: H2 2014 ©reportscue
Synopsis: Timetric’s Philippines' fiscal regime report outlines governing bodies, governing laws, mining permit and contracts, mining rights and obligations, and tax-related information on seven commodities: iron ore, coal, copper, zinc, gold, nickel and chromium. Report Overview: The Philippines has a 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.
Scope : The report outlines the Philippines' governing bodies, governing laws, mining permits and contracts, mining rights and 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 VAT.
Key Highlights :• The DOE is mandated by the Department of Energy Act of 1992 (RA 7638). It is responsible for coordinating, supervising and controlling all government plans, programs, projects and activities relative to the exploration, development, utilization, distribution and conservation of energy. • The DENR is the main governing body for mineral resources in the Philippines. It is responsible for the management and development of the country’s natural resources and environment. Its other responsibilities are to formulate government policies, implement and supervise plans and programs related to the development of natural resources, and regulate the exploration, development and extraction of natural resources. • The Environmental Management Bureau (EMB) was established as the supporting body for the DENR in 1987. In 2002, it became a line bureau with its own offices and independent enforcement authority. The EMB is responsible for pollution prevention and control, and environmental impact assessments.• The Land Management Bureau is a bureau under the DENR. It provides long- and medium-term strategic plans for the land sector, and monitoring and evaluation tools to ensure the achievement of goals. The bureau also develops survey standards and ensures compliance.
Table of Contents: 1 Executive Summary 2 The Philippines' Mining Industry - Governing Bodies 3 The Philippines' Mining Industry - Governing Laws 4 The Philippines' Mining Industry - Mining Permits and Contracts 5 The Philippines' Mining Industry - Mining Rights and Obligations 6 The Philippines' Mining Industry - Key Fiscal Terms 7 Appendix
List of Tables : Table 1: The Mining Industry in the Philippines - Fiscal Regime Terms and Other Taxes Table 2: The Mining Industry in the Philippines - Exploration Permit Areas (ha), 2014 Table 3: The Mining Industry in the Philippines - Mineral Agreement Areas (ha), 2014 Table 4: The Mining Industry in the Philippines - Ground Expenditure (PHP/ha), 2014
List Of figures : Figure 1: The Mining Industry in the Philippines - Commodity Mines at Different Stages (Number of Mines), 2014 Reason To Buy : Gain an overview of the Philippines' mining fiscal regime. To Get Details: http://www.reportscue.com/philippines-mining-fiscal-regime-h2-2014-market