When it comes to taxing mining operations, countries may take different approaches. Some treat all of a company’s projects as one big operation for tax collection. Others use ring-fencing rules, keeping each project or activity separate when taxing them. This is an important choice for countries as it can have a major impact on a country’s revenue collection and economic planning.
This webinar launched the IGF-OECD practice note: Ring-Fencing Mining Income: A Toolkit for Tax Administrators and Policymakers. Participants explored how ring-fencing works in practice, the potential benefits and risks, and key considerations for governments seeking to implement these rules effectively. Officials with direct experience shared lessons learned and practical insights from resource-rich countries.
