The Future of Resource Taxation: 10 policy ideas to mobilize mining revenues
A handbook for policy-makers that presents a menu of innovative fiscal measures to strengthen revenue collection in the mining sector.
The mining sector is at the nexus of important global phenomena: climate change and the push to transition to a low-carbon energy, the development of new technologies affecting labour markets, and global momentum against inequality and for tax reforms. These trends are raising the importance of mining both for its mineral and financial outputs. In this context, governments need new and innovative fiscal measures to protect the public’s financial interests during the next generation of resource extraction.
The IGF partnered with the African Tax Administration Forum (ATAF) to rethink how developing countries benefit financially from their mineral resources. They launched The Future of Resource Taxation in 2020, a research project to discover how the existing system of mining taxation can be improved and identify new, innovative fiscal options for resource-rich countries to maximize the returns from their mineral wealth. The project crowdsourced and developed policy ideas from governments, civil society, academia, and industry. The end result is this handbook for policy-makers: The Future of Resource Taxation: 10 Policy Ideas to Mobilize Mining Revenues, which presents a menu of innovative fiscal measures to strengthen revenue collection in the mining sector.
Video Playlist | Policy Ideas in Two Minutes
You might also be interested in
Artisanal and Small-Scale Mining of Critical Minerals
This report examines the potential for artisanal and small-scale mining (ASM) to take an expanded role in the global supply of critical minerals.
What Makes Minerals and Metals "Critical"?
Exploring how governments define what should be considered as "strategic" or "critical" based on a series of objective criteria.
Financial Benefit-Sharing Issues for Critical Minerals: Challenges and opportunities for producing countries
Exploring nuances in the key features of critical minerals and the new challenges and opportunities they present to fiscal regulation.
ASEAN-IGF Minerals Cooperation: Scoping study on critical minerals supply chains in ASEAN
IGF-ASEAN study exploring opportunities arising from rising demand for critical minerals and metals to fuel the energy and digital transitions.