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Instructions to IBM for Computation of Average sale Price etc. 10-12-2009. New Rates of Royalty & Deadrents-Dated 01-09-2014. Rates of Royalty & Dead rents-Notification dated 13-08-2009. Rates of Royalty of major minerals and Dead rent of major minerals notified by Central Government on 14-10-2004. This page is maintained by
in as Timor-Leste’s first President. Full administrative authority also passed from the UNTAET to the newly established Timor-Leste Government led by Mari Alkatiri as Prime Minister. On the same day, a new Timor Sea Treaty was agreed between Timor-Leste and Australia (see below). The post 2002 period however included periods of civil disturbance
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Oct 01, 2020 Calculating mining royalty. Your mining royalty liability is calculated using rates set out in Schedule 3 of the Mineral Resources Regulation 2013. Knowing what rates apply to particular minerals will help you calculate your liability. No royalty is payable on the first $100,000 of the combined value of certain minerals sold, disposed of or
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ELECTRICIDADE DE TIMOR-LESTE Avenida Caicoli, Dili, Timor-Leste Electricityin Timor-Leste Facts and Targets: 2008 2013 2015 2018 Generation capacity (MW)40 286 300 Transmission line (km) 0 603 Generated energy (GWh) 318 385 Electrification rate 22 62 75 100 Supply hours in distr.(h/day)6 24 National Dispatching Center since 2011
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(NEC) decisions as policy directives. Amendments to the mining fiscal rates are subject to the NEC decisions. The current 2 percent mineral royalty rate, the special support grant rate, the tax credit scheme rate and the nomination of State corporate entities to take up State equity interest in mining projects are all NEC policy decisions
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Over 16,500 royalty rates based on net sales from license agreements for intangible assets, covering 194 countries and 10 GCIS sectors dating back over 65 years. Each royalty rate is accompanied by normalized contractual terms of the agreement and licensed patent numbers (where applicable) to facilitate quantitative analysis
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Nov 04, 2015 Where a royalty is merely a contractual right against the mining operator (i.e. royalty that is not prescribed by legislation or attachable to the mining rights or interests in land), the royalty holder may be at risk of having that royalty extinguished either through the mining operator’s insolvency and subsequent liquidation or through a
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Royalty Rates for Licensing Intellectual Property includes critical information on financial theory, rules of thumb, industry guidelines, litigation based royalty rates, and tables of actual rates from real deals for different industries
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Mar 24, 2021 1.3724. GBP. +0.0005 +0.0364%. Chile’s lower house approved a proposed royalty on copper and lithium sales as lawmakers seek a bigger contribution from some of
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a reduction in statutory rates around the world. The UK rate has reduced from 30% to 28%, the Canadian rate from 36.1% to 33.5%, the South African rate from 36.9% to 34.6% and the Chinese rate from 33% to 25%. Change in valuation allowance has been a favourable driver in 2006 and 2007 but this changed in 2008 when it became an unfavourable driver
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1. Timor-Leste’s achievements as the newest country in Asia are underpinned by its commitment to reconciliation, inclusion and democracy. Emerging from Portuguese colonial administration and Indonesian occupation, the nation restored independence in 2002, amid a state of ruins where basic services and institutions were burnt to ashes
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May 31, 2021 Oil and mining accounted for approximately 90% of the value of all PNG export in 2018 but just 10% of government revenues. Promises for infrastructure or royalty payments for local communities are
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700+ Downloads. This dataset contains Food Prices data for Timor-Leste. Food prices data comes from the World Food Programme and covers foods such as maize, rice, beans, fish, and sugar for 76 countries and some 1,500 markets. It is updated weekly but contains to a large extent monthly data
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The withholding tax rate for income paid to non-residents without a permanent establishment in Timor-Leste is 10%. Rent Payments: payer withholds the tax, unless payer of rent is an individual All rent payments are subject to withholding tax which is required under the law to be withheld and remitted by the payer (Section 55, Taxes and Duties Act)
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Feb 10, 2021 ANPM is responsible for managing and regulating petroleum and mining activities in Timor-Leste. This agency was created under Decree Law No. 1/2016 on 9 February 2016. The tax regime applicable to petroleum activities depends on the jurisdiction area, but profit oil, first tranche petroleum, royalties and corporate income tax are the main levies
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royalties to a resident person or a Timor Leste permanent establishment of a non-resident person they are required to withhold tax from the gross amount of the royalties paid at the rate of 10%. Where the person paying royalties is a natural person (i.e. an individual or an individual
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paid or received. The types of income and rates of tax applicable to residents of Timor Leste and Timor Leste permanent establishments of non-residents are shown in the following table. TYPE OF INCOME RATE royalties 10 % rent from land and buildings 10 % income from prizes and lotteries 10 %
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Aug 24, 2021 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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3.1 Examples of Royalty Methods and Basis of Calculation 56 3.2 Rate Applied to Nine Royalty Bases That Yields $20 Million in Royalty 63 3.3 Evaluation of Royalty Types Using Selected Government and Investor Criteria 64 3.4 Summary of Royalty Practices in Selected African Countries 83 3.5 Summary of Royalty Practices in Selected
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Jan 11, 2019 Zambia has revised its Mineral Royalty Tax regime several times since 2014 in response to the global commodity price slump; mining accounts for 70% of Zambia's exports and 12% of GDP. The latest increase reflects the country's mounting external debt and curtailment of aid
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