Bolivia’s Mining Fiscal Regime: H1 2014

The Ministry of Mining and Metallurgy, and the Bolivian Mining Corporation govern the mining industry in Bolivia. The Mining Code of 1977 (law No. 1997) governs and regulates mining activities for prospecting, exploration and exploitation of mineral resources in Bolivia.

Scope

The report outlines Bolivia’s governing bodies, governing laws, rights and obligations and key fiscal terms which includes Annual Patent, Royalty, Corporate Income Tax, Capital Gains Tax, Special Consumption Tax, Complementary Mining Tax, Withholding Tax, Loss Carry Forward and Value Added Tax, VAT.

Key Highlights

• The Ministry of Mining and Metallurgy implements and regulates mining and metallurgical policy in the country, and develops mining by applying transparency, technical and social commitments through the generation of economic surplus.

• Comibol is a self-sustaining mining institution responsible for managing the mining supply chain, promoting the diversification of mining and metallurgical activity, and contributing to economic growth and environmental sustainability.

• The Mining Code of 1977 (law No. 1997) governs and regulates mining activities for the prospecting, exploration and exploitation of mineral resources in Bolivia.

Reasons to buy

Gain an overview of Bolivia's mining fiscal regime.

Companies mentioned

Table of Contents

1 Executive Summary 1

2 The Bolivian Mining Industry – Governing Bodies 5

2.1 Ministry of Mining and Metallurgy 5

2.2 Bolivian Mining Corporation (Comibol) 5

3 The Bolivian Mining Industry – Governing Law 6

3.1 The Mining Code 6

3.1.1 Mining Concession 6

4 The Bolivian Mining Industry – Rights and Obligations 7

4.1 Rights 7

4.2 Obligations 7

5 The Bolivian Mining Industry – Key Fiscal Terms 8

5.1 Annual Patent 8

5.2 Royalty 8

5.3 Corporate Income Tax 8

5.4 Capital Gain Tax 8

5.5 Special Consumption Tax (SCT) 8

5.6 Complementary Mining Tax 8

5.7 Withholding Tax 8

5.8 Loss carry Forward 8

5.9 Value Added Tax (VAT) 8

6 Appendix 9

6.1 What is this Report About? 9

6.2 Methodology 9

6.3 Secondary Research 9

6.4 Primary Research 9

6.5 Contact GlobalData 10

6.6 About GlobalData 10

6.7 GlobalData’s Services 11

6.8 Disclaimer 12

List of Tables

Table 1: The Mining Industry in Bolivia – Fiscal Regime Terms and Other Taxes (%), 2014 1

Table 2: Mining Industry in Bolivia – Annual Patent (BOB), 2014 8

List of Figures

Figure 1: The Mining Industry in Bolivia – Commodity Mines at Different Stages (Number of mines), 2014 1

    Pricing

Discounts available for multiple purchases.

reportstore@globaldata.com
+44 20 7947 2745

Join our mailing list

Saved reports