The taxation of natural resource extraction has a strong effect on countries’ ability to mobilize domestic resources. Countries seek to balance creating or sustaining a supportive environment for large investment with the need for revenue streams that can be applied to development priorities. The knowledge that is needed to design and administer appropriate tax rules governing the extractive industries is often lacking or thinly spread. Specialist information and expertise is often held asymmetrically between multinational companies and developing countries as well as between developed and developing countries. The Committee of Experts on International Cooperation in Tax Matters has responded to a need, often expressed, for guidance on specific aspects of tax systems governing the extractive industries.
Secretariat Papers
- Note by the Secretariat on “Subcommittee on Extractive Industries Taxation Issues for Developing Countries” (E/C.18/2014/2)
- Foreign Direct Investment Issues and Corporate Taxation, including Resource Taxation: Issues for Consideration by Committee (E/C.18/2013/5)
- Secretariat Note on Extractive Industries Taxation (E/C.18/2013/CRP.13)
- Secretariat Report on the Expert Group Meeting on Extractive Industries Taxation of May 2013 (E/C.18/2013/CRP.19)
- Newsletter title: “Newsletter on Extractive Industries Taxation—Developments within the UN Tax Committee – June 2014”
Events
- Expert Group Meeting on “Extractive industries taxation”
- ECOSOC special meeting on “International cooperation in tax matters”
Subcommittee Work
- Report of the Coordinator on Subcommittee on Extractive Industries Taxation Issues for Developing Countries (E/C.18/2014/CRP.3)
- Attachment A: Draft Outline of Overview Note on Extractive Industries Taxation Issues
- Attachment B: Capital Gains Taxation and Indirect Sales
- Attachment C: VAT in the Extractives Industry
- Attachment D: Taxation Guidelines for Worldwide Decommissioning
- Attachment E: Note on Selected Treaty Issues in Relation to Extractive Industries
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