State Mining Rights Tool for Exploration Support
Stone and Mining Activist: International Monetary Fund considers mineral tax revenues to be an indisputable right of governments, but the important thing is to establish a proper and principled mechanism for receiving state rights.
According to the Iranian International Stone Exhibition, Mohammad Mansouri, an activist in the stone and mining industry, said in an exclusive interview with Iran's Stone News Agency: "State mines' rights and taxes are one of the most important policies of various governments in the world to develop or direct the mining sector." There are ways to grow and flourish in this area.
He added: "Government mines are not exclusive to Iran and in many countries such taxes are levied on miners." The IMF also considers mineral tax revenues to be the indisputable right of governments, but the key is to establish a sound and principled mechanism for receiving state rights.
In most of the developed countries for mines and non-renewable resources, the profit tax is defined as this model is closer to the income tax model but there are more options and discounts for this method, said the young miner. .
He said: In some developed countries, under the slogan "Maximum support for exploration activities", if the exploration is damaged, the tax received from the miner will be returned to him, indicating the significant and significant importance of the exploration. In these countries.
He continued: Investors who invest in exploration in developed countries can delay their tax payments for up to four years or if they are in crisis, they can be tax-exempt with government coordination.
To explore the development and encourage investors to enter the field, he suggested: Consider some of the costs of early development of mines, licensing costs, initial studies and infrastructure as tax costs.
