Irans Mining Fiscal Regime: H1 2014

Published: Jul, 2014 | Pages: 12 | Publisher: Timetric
Industry: Mining | Report Format: Electronic (PDF)


Synopsis
Timetric's Iranian fiscal regime report covers the governing bodies, laws, licenses  and tax-related information on 6 commodities: coal, iron ore, copper, zinc, lead and chromium. 

Summary
The Ministry of Industries and Mines is the primary body for governing Iran's mining industry and oversees the Mining Act of the Islamic Republic of Iran, which deals with all matters related to the prospecting, exploration and exploitation of minerals. 
Scope
The report outlines Iran's governing bodies, governing laws, licenses and key fiscal terms which includes Royalty, Corporate Tax, Capital Gains Tax, Depreciation Rates, Loss Carry Forward, Tax on foreign companies and Value Added Tax, VAT. 
Reason To Buy
To get an overview of Iran's mining fiscal regime. 
Key Highlights
 The Ministry of Industries and Mines is the agency of the Iranian government responsible for the formulation, regulation and implementation of policies applicable to the industrial and mining sectors. 
The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) is a state-owned holding company, established with the objective of investigating, formulating and carrying out plans for the advancement, growth, and overhaul of metallurgy production, and mineral exploitation and processing.
All matters related to the prospecting, exploration and exploitation of minerals are covered under the framework of the Mining Act.

 1 Executive Summary 1
2 The Iranian Mining Industry - Governing Bodies 5
2.1 Ministry of Industries and Mines 5
2.2 Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) 5
3 The Iranian Mining Industry - Governing Laws 6
3.1 Mining Act of the Islamic Republic of Iran 6
3.1.1 Executive Regulations of the Mining Act 6
4 The Iranian Mining Industry - Key Fiscal Terms 7
4.1 Royalty 7
4.2 Corporate tax 7
4.3 Capital Gain Tax 7
4.4 Depreciation Rates 7
4.5 Loss Carry Forward 8
4.6 Tax on foreign companies 8
4.7 Value added tax (VAT) 8
5 Appendix 9
5.1 What is this Report About? 9
5.2 Methodology 9
5.3 Secondary Research 9
5.4 Primary Research 10
5.5 Contact Timetric 10
5.6 About Timetric 10
5.7 Timetric's Services 11
5.8 Disclaimer 12

6.4 Primary Research 12
6.5 Contact Timetric 12
6.6 About Timetric 12
6.7 Timetric's Services 13
6.8 Disclaimer 14


List of Tables
Table 1: The Mining Industry in Iran - Fiscal Regime Terms and Other Taxes (%), 2014 1
Table 2: The Mining Industry in Iran - Royalty Rates (%), 2014 7
Table 3: The Mining Industry in Iran - Depreciation Rates (%), 2014 8