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Synopsis
Timetric's Mexican fiscal regime outlines the governing bodies, governing laws, licenses, rights and obligations and tax-related information for eight commodities: coal, iron ore, copper, zinc, gold, silver, lead and manganese.
Summary
Timetric's fiscal regime report covers Mexico which is a major producer of silver, gold, barite, zinc, lead and molybdenum. The country's main mining provinces are Sonora, Chihuahua, Durango, Zacatecas, Sinaloa, San Luis Potosí and Guanajuato.
Scope
The report outlines governing bodies, governing laws, licenses, rights and obligations and key fiscal terms which includes royalty, corporate income tax, withholding tax, depreciation rates, real estate transfer tax, loss carry forward and value added tax (VAT)
Reasons To Buy
To gain an overview of Mexico's mining fiscal regime
Key Highlights
- The Ministry of Economy is the main federal institution that promotes economic growth and employment generation in the country.
- The Mining Law (Ley Minera) regulates the country's mining industry.
- Mining concessions are necessary to carry out exploration and exploitation activities in Mexico.