Deerfield Beach, FL -- (SBWire) -- 01/13/2016 --Synopsis
Ghanaian fiscal regime report outlines the governing bodies, laws, licenses, rights and tax-related information for five commodities: gold, manganese, bauxite, diamond and iron ore.
Summary
Timetric's fiscal regime report covers Ghana which is rich in natural resources such as gold, industrial diamonds, bauxite and manganese. The country's economic stability is highly dependent on mineral resources.
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Scope
The report outlines the governing bodies, laws, licenses, rights and key fiscal terms which includes royalty, corporate income tax, depreciation, gift tax, capital gains tax, loss carry forward, withholding tax, value added tax(VAT)
Reasons To Buy
Gain an overview of Ghana's mining fiscal regime
Key Highlights
- The Ministry of Land and Natural Resources is responsible for managing Ghana's land, forest, wildlife and mineral resources.
- The Environment Protection Agency is responsible for the protection and improvement of Ghana's environment.
- The Minerals Commission is a government agency responsible for the regulation and management of Ghana's mineral resources, while co-coordinating and implementing mining policy.
- The Minerals and Mining Act details the process of obtaining mineral rights, and licenses, which are required to conduct mining activities.
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Table of Content
1 Executive Summary
2 The Ghanaian Mining Industry – Governing Bodies
2.1 Ministry of Land and Resources
2.2 Environmental Protection Agency
2.3 Minerals Commission
3 The Ghanaian Mining Industry – Governing Laws
3.1 Minerals and Mining Act, 2006
3.2 Diamond Act 1972
3.3 Small-Scale Mining Act 1989
4 The Ghanaian Mining Industry – Rights and Licenses
4.1 Mineral Rights
4.2 Reconnaissance License
4.3 Prospecting License
4.4 Mining Lease
4.5 Restricted License or Lease for Industrial Mineral Right
4.6 Small-Scale Mining License
4.7 Import Duty Exemption
4.8 Mine Support Service Company License
4.9 Minerals Purchase and Export, Sell or Disposal License
5 The Ghanaian Mining Industry – Key Fiscal Terms
5.1 Royalty
5.2 Corporate Income Tax
5.3 Depreciation
5.4 Gift Tax
5.5 Capital Gains Tax
5.6 Loss Carry Forward
5.7 Withholding Tax
5.8 Value Added Tax
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Ghana's Mining Fiscal Market 2015 Industry Trends, Size, Share, Forecast and Analysis to 2020
Ghana’s Mining Fiscal Industry 2015 Market Demand and Gorwth to 2020 by Market Research Store