Home / Mining / Asia Pacific Coal Mining Regulatory and Fiscal Regime Report 2012 - Regulatory Framework, Rights and Obligations and Key Fiscal Terms

Asia Pacific Coal Mining Regulatory and Fiscal Regime Report 2012 - Regulatory Framework, Rights and Obligations and Key Fiscal Terms

Published: Nov 2015 | No Of Pages: 71 | Published By: GlobalData

Asia Pacific Coal Mining Regulatory and Fiscal Regime Report 2012 - Regulatory Framework, Rights and Obligations and Key Fiscal Terms

Summary

GlobalData's mining industry offering, 'Asia Pacific Coal Mining Regulatory and Fiscal Regime Report 2012 - Regulatory Framework, Rights and Obligations and Key Fiscal Terms' provides an understanding of the regulatory framework and fiscal regime of the Asia-Pacific coal mining industry, comprising Australia, China, India, Indonesia, Kazakhstan, New Zealand, Thailand and Vietnam. The report includes information about the governing authorities, governing laws and key fiscal terms pertaining to the coal mining industry in the respective countries, with a brief overview of the relevant coal mining industries. This report is built using data and information sourced from proprietary databases, primary and secondary research, and in-house analysis by GlobalData's team of industry experts.

Scope

- Comprehensive information about the governing bodies, laws and taxation structure concerning the coal mining industries in Australia, China, India, Indonesia, Kazakhstan, New Zealand, Thailand and Vietnam;
- Information on the key fiscal terms applicable to the coal mining industry in the respective countries;
- Information on licensing and permits requirements for operating coal mines in the region;
- Rights and obligations of the coal mining companies operating in the respective countries;
- Brief overview of reserves, production and consumption trends.

Reasons to buy

- Facilitate comparative analysis, cost and operational decision making, and strategy formulation based on fiscal terms such as royalties, taxes and fees;
- Gain a strong understanding of the region’s regulating authorities and their functions and objectives towards the development of coal mining industry in the region;
- Be kept up to date with company rights and obligations in the respective countries of the region;
- Understand the coal mining licensing and approval process in order to facilitate decision making and identify key investment opportunities."

1 Table of Contents 2
1.1 List of Tables 9

2 Introduction 10
2.1 GlobalData Report Guidance 10

3 Asia Pacific, Coal Mining Industry 12
3.1 Asia Pacific, Coal Mining Industry, Introduction 12
3.2 Asia Pacific, Coal Mining Industry, Regulatory and Fiscal Regime 13
3.2.1 Regulatory Regime 13
3.2.2 Fiscal Regime 14

4 Australia, Coal Mining Industry - Regulatory and Fiscal Regime 15
4.1 Australia, Coal Mining Industry, Introduction 15
4.2 Australia, Coal Mining Industry, Governing Bodies 15
4.2.1 National Level 15
4.2.2 Minerals Council of Australia (MCA) 15
4.2.3 Department of Resources, Energy and Tourism 15
4.2.4 Geosciences Australia 16
4.2.5 State/Territory Involvement 16
4.3 Australia, Coal Mining Industry, Governing Laws 17
4.3.1 Offshore Legislation 17
4.3.2 Onshore Legislation 17
4.4 Australia, Coal Mining Industry, Rights and Obligations 19
4.4.1 Obligations 19
4.4.2 Rights 19
4.5 Australia, Coal Mining Industry, Key Fiscal Terms 19
4.5.1 Royalty Rates 19
4.5.2 Minerals Resource Rent Tax (MRRT) 20
4.5.3 Extraction Allowance 20
4.5.4 Corporate Income Tax 21
4.5.5 Capital Gains 21
4.5.6 Depreciation and Deductions 21
4.5.7 Loss Carry Forward 21
4.5.8 Value Added Tax 21

5 China, Coal Mining Industry - Regulatory and Fiscal Regime 22
5.1 China, Coal Mining Industry, Introduction 22
5.2 China, Coal Mining Industry, Governing Bodies 22
5.2.1 Ministry of Land and Resources 22
5.2.2 National Energy Administration 22
5.2.3 National Development and Reform Commission 23
5.2.4 Department of Resource Conservation and Environmental Protection 23
5.3 China, Coal Mining Industry, Governing Laws 23
5.3.1 Mineral Resources Law 23
5.3.2 Law on the Coal Industry 23
5.3.3 Law on Safety in Mines 23
5.3.4 Land Administration Law 23
5.3.5 Environmental Protection Law 24
5.4 China, Coal Mining Industry, Mining Licenses 24
5.4.1 Establishment of Coal Mining Enterprises 24
5.4.2 Mining License 24
5.4.3 Coal Production License 24
5.5 China, Coal Mining Industry, Rights and Obligations 25
5.5.1 Rights 25
5.5.2 Obligations 25
5.6 China, Coal Mining Industry, Key Fiscal Terms 26
5.6.1 Royalty 26
5.6.2 Resource Tax 26
5.6.3 Urban and Township Land Use Tax 26
5.6.4 Enterprise Income Tax 26
5.6.5 Local Taxes 27
5.6.6 Deed Tax 27
5.6.7 Stamp Tax 27
5.6.8 Vehicle and Vessel Usage Tax 27
5.6.9 Deductions 28
5.6.10 Depreciation 28
5.6.11 Loss Carry Forward 28
5.6.12 Withholding Tax 29
5.6.13 VAT 29
5.6.14 Tax Incentives 29

6 India, Coal Mining Industry - Regulatory and Fiscal Regime 30
6.1 India, Coal Mining Industry, Introduction 30
6.2 India, Coal Mining Industry, Governing Bodies 30
6.2.1 Ministry of Coal 30
6.2.2 Ministry of Mines 30
6.2.3 Indian Bureau of Mines 30
6.2.4 The Geological Survey of India 31
6.2.5 Ministry of Environment and Forests 31
6.3 India, Coal Mining Industry, Governing Laws 31
6.4 India, Coal Mining Industry, Mining Ownership and Licensing 31
6.4.1 Reconnaissance License 31
6.4.2 Prospecting License 32
6.4.3 Large Area Prospecting License 32
6.4.4 Mining Lease 32
6.4.5 Captive Coal Mining License 32
6.5 India, Coal Mining Industry, Rights and Obligations 33
6.5.1 Rights 33
6.5.2 Obligations 33
6.6 India, Coal Mining Industry, Key Fiscal Terms 33
6.6.1 Reconnaissance Fee 33
6.6.2 Prospecting Fee 33
6.6.3 Surface Rent 34
6.6.4 Dead Rent 34
6.6.5 Royalty 34
6.6.6 Royalty Rates on Middling 35
6.6.7 Royalty Rates for Coal Produced in West Bengal 35
6.6.8 Corporate Income Tax 36
6.6.9 Surcharge 36
6.6.10 Education Cess 36
6.6.11 Clean Energy Cess 36
6.6.12 Branch Profits Tax 36
6.6.13 Withholding Taxes 36
6.6.14 Deductions 36
6.6.15 Loss Carry Forward 37
6.6.16 VAT 37
6.6.17 Amortization and Depreciation 37
6.6.18 Tax Incentives 37
6.6.19 Foreign Direct Investment (FDI) in Coal Mining 38

7 Indonesia, Coal Mining Industry - Regulatory and Fiscal Regime 39
7.1 Indonesia, Coal Mining Industry, Introduction 39
7.2 Indonesia, Coal Mining Industry, Governing Law 39
7.3 Indonesia, Coal Mining Industry, Mining Business Licenses 40
7.3.1 Exploration IUP 40
7.3.2 Production IUP 40
7.3.3 Special Mining Business Licenses (IUPK) 41
7.3.4 Small-Scale Mining Permits (IPR) 41
7.4 Indonesia, Coal Mining Industry, Rights and Obligations 42
7.4.1 Rights 42
7.4.2 Obligations 42
7.5 Indonesia, Coal Mining Industry, Key Fiscal Terms 42
7.5.1 State Taxes 42
7.5.2 Regional Taxes 43
7.5.3 Federal Income Tax 43
7.5.4 Deductions and Depreciations 44
7.5.5 Tax Incentive 44
7.5.6 Withholding Tax 44
7.5.7 Amortization of intangible assets 44
7.5.8 Branch Profit Tax 45
7.5.9 Loss Carry Forward 45
7.5.10 VAT 45
7.5.11 Other Payments 45

8 Kazakhstan, Coal Mining Industry - Regulatory and Fiscal Regime 46
8.1 Kazakhstan, Coal Mining Industry, Introduction 46
8.2 Kazakhstan, Coal Mining Industry, Governing Bodies 46
8.2.1 Ministry of Energy and Mineral Resources 46
8.2.2 Ministry of Environment Protection 46
8.3 Kazakhstan, Coal Mining Industry, Governing Laws 47
8.4 Kazakhstan, Coal Mining Industry, Mining Ownership 47
8.5 Kazakhstan, Coal Mining Industry, Subsoil Terms 47
8.5.1 Rights Types 47
8.5.2 Duration 48
8.5.3 Area 48
8.6 Kazakhstan, Coal Mining Industry, Rights and Obligations 48
8.6.1 Rights 48
8.6.2 Obligations 48
8.7 Kazakhstan, Coal Mining Industry, Key Fiscal Terms 48
8.7.1 Upfront Payments and Taxes on Subsurface Usage 48
8.7.2 Corporate Income Tax 50
8.7.3 Land Tax 50
8.7.4 Social (Payroll) Tax 50
8.7.5 Vehicle Tax 50
8.7.6 Deductions 50
8.7.7 Depreciation 51
8.7.8 Loss Carry Forward 51
8.7.9 Withholding Taxes 51
8.7.10 VAT 51

9 New Zealand, Coal Mining Industry - Regulatory and Fiscal Regime 52
9.1 New Zealand, Coal Mining Industry, Introduction 52
9.2 New Zealand, Coal Mining Industry, Governing Bodies 52
9.2.1 Ministry of Economic Development (MED) 52
9.2.2 New Zealand Petroleum and Minerals 52
9.3 New Zealand, Coal Mining Industry, Governing Laws 52
9.3.1 Crown Minerals Act 1991 52
9.3.2 Crown Minerals (Minerals and Coal) Regulations 2007 53
9.3.3 Crown Minerals (Minerals Fees) Regulations 2006 53
9.4 New Zealand, Coal Mining Industry, Mining Permit 54
9.4.1 Prospecting Permit 54
9.4.2 Exploration Permit 54
9.4.3 Mining Permit 54
9.5 New Zealand, Coal Mining Industry, Key Fiscal Terms 55
9.5.1 Corporate Tax 55
9.5.2 Royalty Rate 55
9.5.3 Depreciation Rates 55
9.5.4 Capital Gains Tax 56
9.5.5 Withholding Tax 56
9.5.6 Loss Carry Forward 56

10 Thailand, Coal Mining Industry - Regulatory and Fiscal Regime 57
10.1 Thailand, Coal Mining Industry, Introduction 57
10.2 Thailand, Coal Mining Industry, Governing Bodies 57
10.3 Thailand, Coal Mining Industry, Governing Laws 57
10.4 Thailand, Coal Mining Industry, Mining Ownership 58
10.4.1 General Prospecting License (GPL) 58
10.4.2 Exclusive Prospecting License (EPL) 58
10.4.3 Special Prospecting License (SPL) 58
10.5 Thailand, Coal Mining Industry, Rights and Obligations 59
10.5.1 Rights 59
10.5.2 Obligations 59
10.6 Thailand, Coal Mining Industry, Key Fiscal Terms 60
10.6.1 Royalty 60
10.6.2 Corporate Income Tax 60
10.6.3 Deductions 60
10.6.4 Withholding Tax 61
10.6.5 VAT 61
10.6.6 Loss Carry Forward 61
10.6.7 Depreciation 62
10.6.8 Tax Incentive 62

11 Vietnam, Coal Mining Industry - Regulatory and Fiscal Regime 63
11.1 Vietnam, Coal Mining Industry, Introduction 63
11.2 Vietnam, Coal Mining Industry, Governing Bodies 63
11.3 Vietnam, Coal Mining Industry, Governing Law 63
11.3.1 Mineral Strategy 64
11.3.2 Auction of Mineral Mining Rights 64
11.4 Vietnam, Coal Mining Industry, Mining Ownership 64
11.5 Vietnam, Coal Mining Industry, Mining Licenses 64
11.5.1 Mineral Exploration License 64
11.5.2 Mineral Mining License 64
11.6 Vietnam, Coal Mining Industry, Rights and Obligations 65
11.6.1 Mining Rights 65
11.6.2 Mining Obligations 65
11.7 Vietnam, Coal Mining Industry, Key Fiscal Terms 66
11.7.1 Mineral Exploration License Fee 66
11.7.2 Royalty 66
11.7.3 Corporate Tax 66
11.7.4 Capital Gains 66
11.7.5 Withholding Tax 66
11.7.6 Loss Carry Forward 66
11.7.7 Depreciation Rates 67
11.7.8 VAT 67

12 Appendix 68
12.1 Abbreviations 68
12.2 Terminology 68
12.2.1 Corporate Income Tax 68
12.2.2 Mining Royalty 68
12.2.3 Branch Profit Tax 69
12.2.4 Capital Gain Tax 69
12.2.5 Mining Upfront Payments 69
12.2.6 Other Taxes 69
12.2.7 State/ Provincial Income Tax 69
12.2.8 Withholding Tax 69
12.3 GlobalData’s Methodology 69
12.3.1 Coverage 70
12.3.2 Secondary Research 70
12.3.3 Primary Research 70
12.3.4 Expert Panel Validation 71
12.4 Contact Us 71
12.5 Disclaimer 71

1.1 List of Tables
Table 1: Coal Mining Industry, Asia Pacific, Regulatory Regime 13
Table 2: Coal Mining Industry, Asia Pacific, Fiscal Regime 14
Table 3: Coal Mining Industry, Australia, Taxes and Depreciation Rates(%), 2012 21
Table 4: Coal Mining Industry, China, Land Use Tax Rates(CNY and $), 2012 26
Table 5: Coal Mining Industry, China, Stamp Tax, 2012 27
Table 6: Coal Mining Industry, China, Depreciation, 2012 28
Table 7: Coal Mining Industry, India, Dead Rent Rates, 2012 34
Table 8: Coal Mining Industry, India, Royalty Rates, 2012 34
Table 9: Coal Mining Industry, India, Royalty on Middling, 2012 35
Table 10: Coal Mining Industry, India, Royalty Rates in West Bengal, 2012 35
Table 11: Coal Mining Industry, India, Clean Energy Cess, 2012 36
Table 12: Coal Mining Industry, India, Withholding Tax Rates, 2012 36
Table 13: Coal Mining Industry, India, Depreciation Rates, 2012 37
Table 14: Coal Mining Industry, Indonesia, Dead Rent Rates($/ha), 2012 43
Table 15: Coal Mining Industry, Indonesia, Production Royalty Rates(%), 2012 43
Table 16: Coal Mining Industry, Indonesia, Depreciation Rates(%), 2012 44
Table 17: Coal Mining Industry, Kazakhstan, Excess Profit Tax Rates, 2012 50
Table 18: Coal Mining Industry, Kazakhstan, Transportation Tax Rates, 2012 50
Table 19: Coal Mining Industry, Kazakhstan, Depreciation Groups and Rates, 2012 51
Table 20: Coal Mining Industry, Kazakhstan, Withholding Tax Rates, 2012 51
Table 21: Coal Mining Industry, New Zealand, Depreciation Rates(%), 2012 55
Table 22: Coal Mining Industry, Thailand, Corporate Income Tax Rates, 2012 60
Table 23: Coal Mining Industry, Thailand, Withholding Tax Rates, 2012 61
Table 24: Coal Mining Industry, Thailand, Depreciation Rates, 2012 62
Table 25: Coal Mining Industry, Vietnam, License Fee($/km2), 2012 66
Table 26: Coal Mining Industry, Vietnam, Withholding Tax Rates, 2012 66
Table 27: Coal Mining Industry, Vietnam, Depreciation Rates, 2012 67

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