Asia-Pacific Uranium Mining Regulatory and Fiscal Regime Report, 2012 -Regulatory Framework, Rights and Obligations and Key Fiscal Terms
Summary
GlobalData’s mining industry offering, ‘Asia-Pacific Uranium 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 uranium mining industry, comprising Kazakhstan, Australia, Uzbekistan, China and India. The report includes information about the governing authorities, governing laws and key fiscal terms pertaining to the uranium mining industry in the respective countries, with a brief overview of the relevant uranium 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
Reasons to buy
Summary
GlobalData’s mining industry offering, ‘Asia-Pacific Uranium 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 uranium mining industry, comprising Kazakhstan, Australia, Uzbekistan, China and India. The report includes information about the governing authorities, governing laws and key fiscal terms pertaining to the uranium mining industry in the respective countries, with a brief overview of the relevant uranium 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 uranium mining industries in Kazakhstan, Australia, Uzbekistan, China and India;
- Information on the key fiscal terms applicable to the uranium mining industry in the respective countries;
- Information on licensing and permits requirements for operating uranium mines in the region;
- Rights and obligations of the uranium 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 uranium mining industry in the region;
- Be kept up to date with company rights and obligations in the respective countries of the region;
- Understand the uranium mining licensing and approval process in order to facilitate decision making and identify key investment opportunities.
1 TABLE OF CONTENTS
1.1 List of Tables
2 INTRODUCTION
2.1 GlobalData Report Guidance
3 ASIA-PACIFIC, URANIUM MINING INDUSTRY
3.1 Asia-Pacific, Uranium Mining Industry, Introduction
3.2 Asia-Pacific, Uranium Mining Industry, Regulatory and Fiscal Regime
3.2.1 Regulatory Regime
3.2.2 Fiscal Regime
4 KAZAKHSTAN, URANIUM MINING INDUSTRY - REGULATORY AND FISCAL REGIME
4.1 Kazakhstan, Uranium Mining Industry, Introduction
4.2 Kazakhstan, Uranium Mining Industry, Governing Bodies
4.2.1 Ministry of Energy and Mineral Resources
4.2.2 National Nuclear Center of the Republic of Kazakhstan
4.2.3 The Ministry of Environment Protection
4.3 Kazakhstan, Uranium Mining Industry, Governing Law
4.3.1 Law of Subsoil and Subsoil Use
4.3.2 Law on Atomic Energy
4.3.3 Law on Radiation Safety of Population
4.4 Kazakhstan, Uranium Mining Industry, Mining Licenses
4.4.1 Mining Ownership
4.4.2 Licensing Type
4.4.3 Duration
4.4.4 Area
4.5 Kazakhstan, Uranium Mining Industry, Rights and Obligations
4.5.1 Rights
4.5.2 Obligations
4.6 Kazakhstan, Uranium Mining Industry, Fiscal Terms
4.6.1 Corporate Tax
4.6.2 Land Tax
4.6.3 Depreciation
4.6.4 Custom Duty
4.6.5 Loss Carry Forward
4.6.6 Withholding Tax
4.6.7 Value Added Tax
5 AUSTRALIA, URANIUM MINING INDUSTRY - REGULATORY AND FISCAL REGIME
5.1 Australia, Uranium Mining Industry, Introduction
5.2 Australia, Uranium Mining Industry, Governing Bodies
5.2.1 Australian Government
5.2.1.1 Uranium Council
5.2.1.2 Department of Resources, Energy and Tourism
5.2.1.3 Department of Sustainability, Environment, Water, Population, and Communities
5.2.1.4 Australian Nuclear Science and Technology Organization (ANSTO)
5.2.1.5 Geoscience Australia
5.2.2 State/Territorial Governments
5.2.2.1 Northern Territory
5.2.2.2 South Australia
5.3 Australia, Uranium Mining Industry, Governing Laws
5.3.1 National Laws
5.3.1.1 Offshore Minerals Act 1994
5.3.1.2 Atomic Energy Act 1953
5.3.1.3 Environment Protection and Biodiversity Conservation Act 1999 (EPBC)
5.3.1.4 Customs (Prohibited Exports) Regulations 1958
5.3.1.5 Nuclear Non-Proliferation (Safeguards) Act 1987
5.3.1.6 Australian Nuclear Science and Technology Organization Act (1987) (ANSTO)
5.3.2 State/Territorial Laws
5.3.2.1 Northern Territory
5.3.2.2 South Australia
5.4 Australia, Uranium Mining Industry, Licenses
5.4.1 National Licenses
5.4.1.1 Exploration License
5.4.1.2 Retention License
5.4.1.3 Mining License
5.4.1.4 Works License
5.4.1.5 Special Purpose Consents
5.4.2 State Licenses – Northern Territory
5.4.2.1 Exploration License
5.4.2.2 Mineral lease
5.4.2.3 Extractive Mineral Exploration License
5.4.2.4 Extractive Mineral Permit
5.4.2.5 Extractive Mineral Lease
5.4.3 State Licenses – South Australia
5.4.3.1 Exploration License
5.4.3.2 Mining Lease
5.4.3.3 Retention Lease
5.4.3.4 Miscellaneous Purpose License
5.5 Australia, Uranium Mining Industry, Rights and Obligations
5.5.1 Rights
5.5.2 Obligations
5.6 Australia, Uranium Mining Industry, Fiscal Terms
5.6.1 Royalty, Annual Rent and Fees
5.6.1.1 South Australia
5.6.1.2 Northern Territory
5.6.2 Corporate Tax
5.6.3 Capital Gain
5.6.4 Deductions
5.6.5 Withholding Tax
5.6.6 Loss Carry Forward
5.6.7 Depreciation
5.6.8 Goods and Services Tax
6 UZBEKISTAN, URANIUM MINING INDUSTRY - REGULATORY AND FISCAL REGIME
6.1 Uzbekistan, Uranium Mining Industry, Introduction
6.2 Uzbekistan, Uranium Mining Industry, Governing Bodies
6.2.1 State Committee of the Republic of Uzbekistan on Geology and Mineral Resources
6.2.2 State Committee of the Republic of Uzbekistan for Nature Protection
6.2.3 State Inspectorate for Supervision of geological studies, safe conduct of work in industry, mining and domestic sectors of the Cabinet of Ministers of the Republic of Uzbekistan
6.2.4 Cabinet of Ministers
6.3 Uzbekistan, Uranium Mining Industry, Governing Laws
6.3.1 Law of the Republic of Uzbekistan “On Subsoil”
6.3.2 Law of the Republic of Uzbekistan “On Radiation Safety”
6.3.3 Law of the Republic of Uzbekistan “On Concessions”
6.3.4 Law “On Product Sharing Agreements”
6.4 Uzbekistan, Uranium Mining Industry, Licenses
6.4.1 License for Geological Study
6.4.2 License to Use Subsoil
6.4.3 Mining Allotment
6.5 Uzbekistan, Uranium Mining Industry, Rights and Obligations
6.5.1 Rights
6.5.2 Obligations
6.6 Uzbekistan, Uranium Mining Industry, Fiscal Terms
6.6.1 Subsoil Use Tax
6.6.2 Excessive Profit Tax
6.6.3 Bonus (Subscription and of commercial exploration)
6.6.4 Corporate Tax
6.6.5 Capital Gains
6.6.6 Real Property Tax
6.6.7 Tax Incentives
6.6.8 Withholding Tax
6.6.9 Depreciation
6.6.10 Value Added Tax (VAT)
6.6.11 Losses Carried Forward
7 CHINA, URANIUM MINING INDUSTRY - REGULATORY AND FISCAL REGIME
7.1 China, Uranium Mining Industry, Introduction
7.2 China, Uranium Mining Industry, Governing Bodies
7.2.1 State-owned Assets Supervision and Administration Commission
7.2.2 National Energy Commission, China
7.2.3 China National Nuclear Commission, China
7.2.4 Central Bureau of Geological Exploration of China National Nuclear Corporation
7.2.5 Bureau of Mining and Metallurgy of China National Nuclear Corporation
7.2.6 National Nuclear Safety Administration
7.2.7 Ministry of Land and Resources
7.2.8 Department of Resource Conservation and Environment Protection
7.3 China, Uranium Mining Industry, Governing Laws
7.3.1 Mineral Resource Law, March 19, 1986
7.3.2 Environmental Protection Law of People’s Republic of China
7.3.3 Law of the People's Republic of China on Work Safety
7.4 China, Uranium Mining Industry, Mining Licenses and Ownership
7.4.1 Ownership of Minerals
7.4.2 Mining License
7.4.3 Exploration License
7.4.4 Fee
7.5 China, Uranium Mining Industry, Mining Rights and Obligations
7.5.1 Rights
7.5.2 Obligations
7.6 China, Uranium Mining Industry, Key Fiscal Terms
7.6.1 Resource Tax
7.6.2 Urban Land Use Tax
7.6.3 Enterprise Income Tax
7.6.4 Stamp Tax
7.6.5 Business Tax
7.6.6 Tax Incentives
7.6.7 Depreciation
7.6.8 Deductions
7.6.9 Capital Gains Tax
7.6.10 Withholding Tax Rates
7.6.11 Value Added Tax
8 INDIA, URANIUM MINING INDUSTRY - REGULATORY AND FISCAL REGIME
8.1 India, Uranium Mining Industry, Introduction
8.2 India, Uranium Mining Industry, Governing Bodies
8.2.1 Atomic Energy Commission
8.2.2 Department of Atomic Energy
8.2.3 Atomic Minerals Directorate for Exploration and Research
8.2.4 Atomic Energy Regulatory Board
8.3 India, Uranium Mining Industry, Governing Laws
8.3.1 The Atomic Energy Act
8.3.2 License
8.4 India, Uranium Mining Industry, Rights and Obligations
8.4.1 Right
8.4.2 Obligations
8.5 India, Uranium Mining Industry, Fiscal Terms
8.5.1 Royalty
8.5.2 Corporate Tax
8.5.3 Capital Gains Tax
8.5.4 Withholding Tax
8.5.5 Deductions
8.5.6 Loss Carry Forward
8.5.7 Depreciation
8.5.8 Value Added Tax
9 APPENDIX
9.1 Abbreviations
9.2 Terminology
9.2.1 Corporate Income Tax
9.2.2 Mining Royalty
9.2.3 Branch Profit Tax
9.2.4 Capital Gain Tax
9.2.5 Mining Upfront Payments
9.2.6 Other Taxes
9.2.7 State/ Provincial Income Tax
9.2.8 Withholding Tax
9.3 GlobalData’s Methodology
9.3.1 Coverage
9.3.2 Secondary research
9.3.3 Primary Research
9.3.4 Expert Panel Validation
9.4 Contact Us
9.5 Disclaimer
LIST OF TABLES
Table 1: Uranium Mining Industry, Asia-Pacific, Regulatory Regime, 2012
Table 2: Uranium Mining Industry, Asia-Pacific, Fiscal Regime, 2012
Table 3: Uranium Mining Industry, Kazakhstan, Depreciation Groups and Rates (%), 2012
Table 4: Uranium Mining Industry, Kazakhstan, Withholding Tax Rates (%), 2012
Table 5: Uranium Mining Industry, Australia, South Australia, Annual Rents ($), 2012
Table 6: Uranium Mining Industry, Australia, South Australia, Fees ($), 2012
Table 7: Uranium Mining Industry, Australia, South Australia, Other Application Fees ($), 2012
Table 8: Uranium Mining Industry, Australia, South Australia, Mining Register ($), 2012
Table 9: Uranium Mining Industry, Australia, South Australia, Other Fees ($), 2012
Table 10: Uranium Mining Industry, Australia, Depreciation (Years), 2012
Table 11: Uranium Mining Industry, Uzbekistan, Depreciation Rates (%), 2012
Table 12: Uranium Mining Industry, China, Stamp Tax Rates (%), 2012
Table 13: Uranium Mining Industry, China, Business Tax Rates (%), 2012
Table 14: Uranium mining Industry, China, Depreciation Rates (%), 2012
Table 15: Uranium Mining Industry, China, Withholding Tax Rates (%), 2012
Table 16: Uranium Mining Industry, India, Withholding Tax Rates (%), 2012
Table 17: Uranium Mining Industry, India, Depreciation Rates (%), 2012
1.1 List of Tables
2 INTRODUCTION
2.1 GlobalData Report Guidance
3 ASIA-PACIFIC, URANIUM MINING INDUSTRY
3.1 Asia-Pacific, Uranium Mining Industry, Introduction
3.2 Asia-Pacific, Uranium Mining Industry, Regulatory and Fiscal Regime
3.2.1 Regulatory Regime
3.2.2 Fiscal Regime
4 KAZAKHSTAN, URANIUM MINING INDUSTRY - REGULATORY AND FISCAL REGIME
4.1 Kazakhstan, Uranium Mining Industry, Introduction
4.2 Kazakhstan, Uranium Mining Industry, Governing Bodies
4.2.1 Ministry of Energy and Mineral Resources
4.2.2 National Nuclear Center of the Republic of Kazakhstan
4.2.3 The Ministry of Environment Protection
4.3 Kazakhstan, Uranium Mining Industry, Governing Law
4.3.1 Law of Subsoil and Subsoil Use
4.3.2 Law on Atomic Energy
4.3.3 Law on Radiation Safety of Population
4.4 Kazakhstan, Uranium Mining Industry, Mining Licenses
4.4.1 Mining Ownership
4.4.2 Licensing Type
4.4.3 Duration
4.4.4 Area
4.5 Kazakhstan, Uranium Mining Industry, Rights and Obligations
4.5.1 Rights
4.5.2 Obligations
4.6 Kazakhstan, Uranium Mining Industry, Fiscal Terms
4.6.1 Corporate Tax
4.6.2 Land Tax
4.6.3 Depreciation
4.6.4 Custom Duty
4.6.5 Loss Carry Forward
4.6.6 Withholding Tax
4.6.7 Value Added Tax
5 AUSTRALIA, URANIUM MINING INDUSTRY - REGULATORY AND FISCAL REGIME
5.1 Australia, Uranium Mining Industry, Introduction
5.2 Australia, Uranium Mining Industry, Governing Bodies
5.2.1 Australian Government
5.2.1.1 Uranium Council
5.2.1.2 Department of Resources, Energy and Tourism
5.2.1.3 Department of Sustainability, Environment, Water, Population, and Communities
5.2.1.4 Australian Nuclear Science and Technology Organization (ANSTO)
5.2.1.5 Geoscience Australia
5.2.2 State/Territorial Governments
5.2.2.1 Northern Territory
5.2.2.2 South Australia
5.3 Australia, Uranium Mining Industry, Governing Laws
5.3.1 National Laws
5.3.1.1 Offshore Minerals Act 1994
5.3.1.2 Atomic Energy Act 1953
5.3.1.3 Environment Protection and Biodiversity Conservation Act 1999 (EPBC)
5.3.1.4 Customs (Prohibited Exports) Regulations 1958
5.3.1.5 Nuclear Non-Proliferation (Safeguards) Act 1987
5.3.1.6 Australian Nuclear Science and Technology Organization Act (1987) (ANSTO)
5.3.2 State/Territorial Laws
5.3.2.1 Northern Territory
5.3.2.2 South Australia
5.4 Australia, Uranium Mining Industry, Licenses
5.4.1 National Licenses
5.4.1.1 Exploration License
5.4.1.2 Retention License
5.4.1.3 Mining License
5.4.1.4 Works License
5.4.1.5 Special Purpose Consents
5.4.2 State Licenses – Northern Territory
5.4.2.1 Exploration License
5.4.2.2 Mineral lease
5.4.2.3 Extractive Mineral Exploration License
5.4.2.4 Extractive Mineral Permit
5.4.2.5 Extractive Mineral Lease
5.4.3 State Licenses – South Australia
5.4.3.1 Exploration License
5.4.3.2 Mining Lease
5.4.3.3 Retention Lease
5.4.3.4 Miscellaneous Purpose License
5.5 Australia, Uranium Mining Industry, Rights and Obligations
5.5.1 Rights
5.5.2 Obligations
5.6 Australia, Uranium Mining Industry, Fiscal Terms
5.6.1 Royalty, Annual Rent and Fees
5.6.1.1 South Australia
5.6.1.2 Northern Territory
5.6.2 Corporate Tax
5.6.3 Capital Gain
5.6.4 Deductions
5.6.5 Withholding Tax
5.6.6 Loss Carry Forward
5.6.7 Depreciation
5.6.8 Goods and Services Tax
6 UZBEKISTAN, URANIUM MINING INDUSTRY - REGULATORY AND FISCAL REGIME
6.1 Uzbekistan, Uranium Mining Industry, Introduction
6.2 Uzbekistan, Uranium Mining Industry, Governing Bodies
6.2.1 State Committee of the Republic of Uzbekistan on Geology and Mineral Resources
6.2.2 State Committee of the Republic of Uzbekistan for Nature Protection
6.2.3 State Inspectorate for Supervision of geological studies, safe conduct of work in industry, mining and domestic sectors of the Cabinet of Ministers of the Republic of Uzbekistan
6.2.4 Cabinet of Ministers
6.3 Uzbekistan, Uranium Mining Industry, Governing Laws
6.3.1 Law of the Republic of Uzbekistan “On Subsoil”
6.3.2 Law of the Republic of Uzbekistan “On Radiation Safety”
6.3.3 Law of the Republic of Uzbekistan “On Concessions”
6.3.4 Law “On Product Sharing Agreements”
6.4 Uzbekistan, Uranium Mining Industry, Licenses
6.4.1 License for Geological Study
6.4.2 License to Use Subsoil
6.4.3 Mining Allotment
6.5 Uzbekistan, Uranium Mining Industry, Rights and Obligations
6.5.1 Rights
6.5.2 Obligations
6.6 Uzbekistan, Uranium Mining Industry, Fiscal Terms
6.6.1 Subsoil Use Tax
6.6.2 Excessive Profit Tax
6.6.3 Bonus (Subscription and of commercial exploration)
6.6.4 Corporate Tax
6.6.5 Capital Gains
6.6.6 Real Property Tax
6.6.7 Tax Incentives
6.6.8 Withholding Tax
6.6.9 Depreciation
6.6.10 Value Added Tax (VAT)
6.6.11 Losses Carried Forward
7 CHINA, URANIUM MINING INDUSTRY - REGULATORY AND FISCAL REGIME
7.1 China, Uranium Mining Industry, Introduction
7.2 China, Uranium Mining Industry, Governing Bodies
7.2.1 State-owned Assets Supervision and Administration Commission
7.2.2 National Energy Commission, China
7.2.3 China National Nuclear Commission, China
7.2.4 Central Bureau of Geological Exploration of China National Nuclear Corporation
7.2.5 Bureau of Mining and Metallurgy of China National Nuclear Corporation
7.2.6 National Nuclear Safety Administration
7.2.7 Ministry of Land and Resources
7.2.8 Department of Resource Conservation and Environment Protection
7.3 China, Uranium Mining Industry, Governing Laws
7.3.1 Mineral Resource Law, March 19, 1986
7.3.2 Environmental Protection Law of People’s Republic of China
7.3.3 Law of the People's Republic of China on Work Safety
7.4 China, Uranium Mining Industry, Mining Licenses and Ownership
7.4.1 Ownership of Minerals
7.4.2 Mining License
7.4.3 Exploration License
7.4.4 Fee
7.5 China, Uranium Mining Industry, Mining Rights and Obligations
7.5.1 Rights
7.5.2 Obligations
7.6 China, Uranium Mining Industry, Key Fiscal Terms
7.6.1 Resource Tax
7.6.2 Urban Land Use Tax
7.6.3 Enterprise Income Tax
7.6.4 Stamp Tax
7.6.5 Business Tax
7.6.6 Tax Incentives
7.6.7 Depreciation
7.6.8 Deductions
7.6.9 Capital Gains Tax
7.6.10 Withholding Tax Rates
7.6.11 Value Added Tax
8 INDIA, URANIUM MINING INDUSTRY - REGULATORY AND FISCAL REGIME
8.1 India, Uranium Mining Industry, Introduction
8.2 India, Uranium Mining Industry, Governing Bodies
8.2.1 Atomic Energy Commission
8.2.2 Department of Atomic Energy
8.2.3 Atomic Minerals Directorate for Exploration and Research
8.2.4 Atomic Energy Regulatory Board
8.3 India, Uranium Mining Industry, Governing Laws
8.3.1 The Atomic Energy Act
8.3.2 License
8.4 India, Uranium Mining Industry, Rights and Obligations
8.4.1 Right
8.4.2 Obligations
8.5 India, Uranium Mining Industry, Fiscal Terms
8.5.1 Royalty
8.5.2 Corporate Tax
8.5.3 Capital Gains Tax
8.5.4 Withholding Tax
8.5.5 Deductions
8.5.6 Loss Carry Forward
8.5.7 Depreciation
8.5.8 Value Added Tax
9 APPENDIX
9.1 Abbreviations
9.2 Terminology
9.2.1 Corporate Income Tax
9.2.2 Mining Royalty
9.2.3 Branch Profit Tax
9.2.4 Capital Gain Tax
9.2.5 Mining Upfront Payments
9.2.6 Other Taxes
9.2.7 State/ Provincial Income Tax
9.2.8 Withholding Tax
9.3 GlobalData’s Methodology
9.3.1 Coverage
9.3.2 Secondary research
9.3.3 Primary Research
9.3.4 Expert Panel Validation
9.4 Contact Us
9.5 Disclaimer
LIST OF TABLES
Table 1: Uranium Mining Industry, Asia-Pacific, Regulatory Regime, 2012
Table 2: Uranium Mining Industry, Asia-Pacific, Fiscal Regime, 2012
Table 3: Uranium Mining Industry, Kazakhstan, Depreciation Groups and Rates (%), 2012
Table 4: Uranium Mining Industry, Kazakhstan, Withholding Tax Rates (%), 2012
Table 5: Uranium Mining Industry, Australia, South Australia, Annual Rents ($), 2012
Table 6: Uranium Mining Industry, Australia, South Australia, Fees ($), 2012
Table 7: Uranium Mining Industry, Australia, South Australia, Other Application Fees ($), 2012
Table 8: Uranium Mining Industry, Australia, South Australia, Mining Register ($), 2012
Table 9: Uranium Mining Industry, Australia, South Australia, Other Fees ($), 2012
Table 10: Uranium Mining Industry, Australia, Depreciation (Years), 2012
Table 11: Uranium Mining Industry, Uzbekistan, Depreciation Rates (%), 2012
Table 12: Uranium Mining Industry, China, Stamp Tax Rates (%), 2012
Table 13: Uranium Mining Industry, China, Business Tax Rates (%), 2012
Table 14: Uranium mining Industry, China, Depreciation Rates (%), 2012
Table 15: Uranium Mining Industry, China, Withholding Tax Rates (%), 2012
Table 16: Uranium Mining Industry, India, Withholding Tax Rates (%), 2012
Table 17: Uranium Mining Industry, India, Depreciation Rates (%), 2012
