"Colombia's Mining Fiscal Regime: H2 2015" Published

The Ministry of Mines and Energy regulates mining activity in accordance with laws issued by the government. Timetric's fiscal regime report covers Colombia where the Mining Code (Law 685), issued in 2001, is the main law for the mining industry . Its main objective is to promote the public interest regarding the technical exploration and exploitation of mineral resources, both of state and private property.

Report Highlights

* El Ministerio de Minas y Energia (the Ministry of Mines and Energy) regulates mining activity according to the laws issued by the government of Colombia.
* The Colombian Geological Service conducts basic scientific research to generate comprehensive geo-scientific knowledge of country.
* The Mining Code (Law 685) issued in 2001 is the main law for mining industry in Colombia.

Full Report Details at
- http://www.fastmr.com/prod/1064219_colombias_mining_fiscal.aspx?afid=302

Report Scope

The report outlines the governing bodies, governing law, mining concessions and key fiscal terms which includes royalty, surface fee, corporate income tax, capital gains tax, corporate income tax for equality, depreciation, loss carry forward and value added tax (VAT)

Reasons to Get this Report

To gain an overview of Colombia's mining fiscal regime

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