Naperville, IL -- (SBWIRE) -- 09/08/2014 -- Reportstack, provider of premium market research reports announces the addition of Zambias Mining Fiscal Regime: H1 2014 market report to its offering
The countrys mining industry is governed by the Ministry of Mines, Energy and Water Development and its relevant departments. The Mines and Mineral Act consolidates and amends laws related to mines and minerals.
The report outlines Zambias governing bodies, governing laws, licenses, mining rights and obligations and key fiscal terms which Corporate tax, Capital Gain Tax, Royalty, Property Transfer Tax, Turnover Tax, Withholding Taxes, Capital Allowance, Debt Equity Ratio, Loss Carry Forward and Value Added Tax.
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Gain an overview of Zambian's mining fiscal regime.
The MMEWD is responsible for policy framework and guidance through the Department of Mines, Department of Energy and Department of Water Affairs.
The Environmental and Natural Resources Development (ENRMD), which comes under MLNREP, is responsible for the overall policy formulation on environment, natural resources and pollution control.
Mines and Mineral Act main purpose is to regulate all mining activities such as prospecting and the mining of minerals, and to provide information for matters related to mining.
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