(MENAFNEditorial)
ALBANY New York June 26 2015:- ResearchMoz has recently added the “New Zealands Mining Fiscal Regime: H1 2015” report to its vast database of research reports. The report outlines the governing bodies laws licenses rights obligations and tax-related information for three commodities: coal iron ore and gold.
Executive summary
New Zealand has a range of minerals that contribute to the construction energy and transport sectors of its economy such as coal gold silver iron sand and other mineral resources. The country’s mining industry is governed by the Ministry of Business Innovation and Employment (MBIE) and by its branch New Zealand Petroleum and Mineral (NZP&M) which is responsible for managing the New Zealand Government‘s oil gas mineral and coal resources known as the Crown Mineral Estate. The Crown Mineral Act 1991 is the apex law regulating policy for prospecting exploration and mining of Crown-owned minerals in New Zealand
Scope
The report outlines the governing bodies laws licenses rights obligations and key fiscal terms which includes royalty corporate income tax capital gains tax withholding tax depreciation loss carry forward goods and service tax (GST).
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Reasons to buy
Gain an overview of New Zealand's mining fiscal regime.
Key highlights
Ministry of Business Innovation and Employment plays an important role in shaping and delivering a strong economy for New Zealand
New Zealand Petroleum and Mineral manages the New Zealand Government’s oil gas mineral and coal resources known as the Crown Mineral Estate.
The Crown Mineral Act 1991 regulates policy for the prospecting exploration and mining of Crown-owned minerals in New Zealand.
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