mining taxation regime in east timor

Timor Sea Treaty - Timor-Leste

TIMOR SEA TREATY THE GOVERNMENT OF EAST TIMOR , Petroleum Mining Code vii For the period specified in sub-paragraph (i), the Designated Authority shall be exempt from the following existing taxes: (1) in East Timor, the income tax imposed under the law of East Timor; (2) in Australia, the income tax imposed under the federal law of ....

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Tiny, Poor and War-Torn: Development Policy Challenges for ,

Following its decisive vote for independence on 30 August 1999, East Timor will soon become the world's newest country The country has a particularly tragic history: centuries of Portuguese colonialism and neglect, 24 years of troubled occupation by Indonesia, and the horrific violence and massive destruction of infrastructure which occurred in the wake of the 1999 vote for ,...

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Natural Resource Taxation in the Asia-Pacific Region

the Middle East (Egypt and Pakistan) and since 2000 on Asia His most recent , Timor Leste She has previously served as Advisor to the President of Timor-Leste on National Security matters, as a consultant in governance areas and was also , VAT law reform and Mining royalty tax ,...

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Chapter 4 - The Timor Gap (Zone of Co-operation) Treaty ,

Chapter 4 - The Timor Gap (Zone of Co-operation) Treaty Introduction 41 The Timor Gap Treaty is a unique arrangement for enabling petroleum exploration and exploitation in offshore areas, subject to competing claims by two countries, and for the sharing of the benefits between those countri...

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Curaçao: Offshore Legal and Tax Regimes - Lowtax

Sep 03, 2019· for Curaçao corporations incorporated before June 30, 1999, subject to profit tax and having a book year which ends before 1st January 2002, the grandfathering rules with respect to the offshore regime will remain applicable until 2019 as long as the company continues to have substantial business...

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Natural Resource Taxation in the Asia-Pacific Region

the Middle East (Egypt and Pakistan) and since 2000 on Asia His most recent , Timor Leste She has previously served as Advisor to the President of Timor-Leste on National Security matters, as a consultant in governance areas and was also , VAT law reform and Mining royalty tax ,...

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Decree-Laws of RDTL - mjgovtl

Juridical regime of the Employees of Justice and the Services of the General offices of the Tribunals, the Prosecutor General and Public Defender Correction Statement, The Decree-Law 27/2009 24/08/09 03/11/09: 09/09/09 04/11/09: 28/2009 (1 st Amendment to the Decree Law 10/2009) Alters the Salary Regime of the National Police of Timor Leste...

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Timor Sea Treaty between the Government of Australia and ,

Australia or East Timor may invoke the dispute resolution mechanism as set out in Annex B to the Treaty (binding international arbitration) 24 Article 7 of the Treaty requires Australia and East Timor to negotiate a Petroleum Mining Code to govern petroleum projects in the JPDA, as well as the export of petroleum from the JPDA...

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UNTAET REGULATION NO 2000/12 ON A PROVISIONAL TAX ,

Understanding dated 10 February 2000 between UNTAET, acting on behalf of East Timor, and the Government of Australia on arrangements relating to the Timor Gap Section 8 Mining sector The tax and customs regime applicable to mineral extraction activities may be the subject of a separate UNTAET Regulation Section 9 Definitions...

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Petroleum (Timor Gap Zone of Cooperation) Act 1990

Indonesian Province of East Timor and Northern Australia, done over the Zone of Cooperation on 11 December 1989, being the , the Petroleum Mining Code may, for the purpose of ascertaining whether the Petroleum Mining Code, the regulations and , Taxation Code, so far as those provisions affect Australian tax....

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Timor-Leste - Corporate withholding taxes

Jul 26, 2019· Payments of Timor-Leste-source income made by a resident to a non-resident are subject to WHT at 10% Timor-Leste has entered into a double taxation treaty (DTT) with Portugal (although elements of DTT relief are also embedded in the Timor Sea Treaty [TST], see Taxation of petroleum operations in the Other issues section)...

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East Timor | Encyclopedia

In 2000, the UN Transitional Administration in East Timor (UNTAET) issued a Revenue System for East Timor, providing the basis for a tax regime It largely adopted the Indonesian income tax law with some modifications East Timor's tax system is designed to tax business profits and designated passive income Business profits include capital gains...

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Timor Sea Treaty Dili, 20 May 2002(1)

in connection with their service with the Designated Authority other than taxation under the law of Australia or East Timor in which they are deemed to be resident for taxation purposes; and...

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Hub - VdA

We know how vital each step of each deal is to our client We prepare and take these steps together, as a team, based on our wealth of knowledge and experience, and on our ability to innovate...

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Mining: Sector Results Profile - World Bank

However, as the fiscal regime was designed to attract investment into a declining, high-risk sector, mining tax revenues were only 4 percent of total fiscal revenues in 2007, and several mining communities were not satisfied with their benefits from the mining operations...

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A Quarter Century of US Support for Occupation in East Timor

By 1993, the US Ambassador in Jakarta was suggesting (Document 36) that the Suharto regime's effort to integrate East Timor into Indonesia had failed, observing that "the repressive and pervasive Indonesian military presence is the main obstacle to the government's goal of integration," a goal which would "never be palatable as long as it is ....

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1989 TREATY BETWEEN AUSTRALIA AND THE REPUBLIC OF ,

area between the indonesian province of east timor and northern australia unofficial text centre for international law cilnusedusg page 2 of 63 1989 treaty between australia and the republic of indonesia on the zone of cooperation in an area between the indonesian province of east timor ,...

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"Europe has developed thanks to Africa's wealth ,

New Jersey is a mining tax haven Toronto, in Canada, is a hub! The stock exchanges in England and Singapore are also centres of operations! In Europe they have brought out a whole arsenal to fight against these tax havens from the financial point of view But they never talk about mining tax havens...

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A quick guide to Taxation in Liberia - PwC

A quick guide to Taxation in Liberia 2013 2013 Tax Facts and Figures , Charting tax trends 3 The income tax regime in Liberia has been stable since the year 2001 when The Revenue Code of Liberia (2000) was enacted , In 2011 however, there were some amendments with specific sections provided on petroleum and mining operators In this ....

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coarse powder mill east timor - asspaxculturaitaliait

The session with Bhutto was held at midnight and iron ore pellet crusher east timor, mineral ore mine mining equipment, suitable for coal ore, gold ore, iron Powder making machine coarse powder mill east timor grinding mill/coarse roller mills China Factory, Middle East (4 milling equipment, ball mill, vibrating feeders, screens...

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LH submission on draft Petroleum Regime

regarding the Proposed Petroleum Regime for Timor-Leste Background In August 2004, the Timor-Leste government's Timor Sea Office and the Timor Sea Designated Authority (which administers the Joint Petroleum Development Area created by the 2002 Timor Sea Treaty) released draft laws for managing petroleum development The drafts can be ....

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Extractive Industries Transparency Initiative

2019 EITI Global Conference Hosted by the Government of France on 18-19 June 2019 in Paris, the 8th EITI Global Conference gathered more than 1000 stakeholders from around the globe to take stock of progress and priorities in extractives transparency...

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Timor Sea Treaty Dili, 20 May 2002(1)

in connection with their service with the Designated Authority other than taxation under the law of Australia or East Timor in which they are deemed to be resident for taxation purposes; and...

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mining taxation regime in east timor

mining taxation regime in east timor mining taxation regime in east timor - squarawoodcraftscoza Untitled TimorLeste Ministry of Finance to the regular petroleum taxation regime or alternatively that any gains from such transactions are subject only to the withholding tax regime of Article 26(2) of the Indonesian Law of Income...

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1989 TREATY BETWEEN AUSTRALIA AND THE REPUBLIC OF ,

area between the indonesian province of east timor and northern australia unofficial text centre for international law cilnusedusg page 2 of 63 1989 treaty between australia and the republic of indonesia on the zone of cooperation in an area between the indonesian province of east timor and...

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East Timor: the opportunity for a sustainable future ,

Down to Earth No 42, August 1999 East Timor's forests and agricultural lands have suffered extensive damage during the Indonesian occupation Restoring the environment and setting the country on a development path that is economically viable, socially just and environmentally sustainable will be one of the many formidable challenges facing the government of an independent East Timor...

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2002 TIMOR SEA TREATY BETWEEN THE GOVERNMENT OF ,

2002 timor sea treaty between the government of east timor and the government of australia unofficial text centre for international law cilnusedusg page 3 of 33...

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coarse powder mill east timor - asspaxculturaitaliait

The session with Bhutto was held at midnight and iron ore pellet crusher east timor, mineral ore mine mining equipment, suitable for coal ore, gold ore, iron Powder making machine coarse powder mill east timor grinding mill/coarse roller mills China Factory, Middle East (4 milling equipment, ball mill, vibrating feeders, screens...

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Petroleum (Timor Sea Treaty) Act 2003 - Legislation

Nov 16, 2016· Petroleum Mining Code means the Code referred to in Article 7 of the Treaty (including the interim code referred to in paragraph 7(b) of the Treaty) Treaty: (a) means the Timor Sea Treaty between Australia and East Timor done on 20 May 2002, ,...

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Natural Resource Taxation in the Asia-Pacific Region

the Middle East (Egypt and Pakistan) and since 2000 on Asia His most recent , Timor Leste She has previously served as Advisor to the President of Timor-Leste on National Security matters, as a consultant in governance areas and was also , VAT law reform and Mining royalty tax law reform As the head of the...

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