Brazil Mining Fiscal Landscape Regulations Governance and Sustainability (2023)

Brazil Mining Fiscal Landscape Regulations Governance and Sustainability (2023)

Summary

GlobalData's Brazil Mining Industry Fiscal Regime Analysis - Governing Bodies, Regulations, Licensing Fees, Taxes, Royalties, 2023 Update provides a comprehensive coverage on Brazil's mining fiscal regime. The report provides country's overview with macroeconomic performance, corruption index and mineral overview. It also provides a comprehensive coverage on the country’s mining regulatory bodies, laws, rights, and obligations, as well as current and future tax-related proposals.

Brazil has large reserves of important metals such as aluminium, iron ore, niobium and nickel. It is also a leading producer of precious metals such as gold. Brazil’s Ministry of Mines and Energy (MME) is responsible for the development of science and technology. Geology, mineral and energy resources, hydropower, mining and metallurgy, oil, fuel and electricity are the primary areas of concern for the MME. The National Mining Agency (ANM) is a federal agency responsible for the implementation of national policy pertaining to mining. The Geological Survey of Brazil provides basic geological information required for the management and rational exploitation of the country’s mineral resources.

The survey department also performs geological surveying, scientific and technical research and studies in the fields of geology, geophysics, geochemistry, geochronology, marine geology, paleontology and remote sensing. Various taxes, including corporate income tax and withholding tax, among others, are applicable to entities in Brazil. The Brazilian Mining Code (Decree No. 227/1967) grants authority to the Ministry of Mines and Energy and the environmental protection authorities, especially the Brazilian Environmental and Renewable Resources Institute (IBAMA) and the state environmental agencies.

Brazil has large reserves of important metals such as aluminium, iron ore, niobium and nickel. It is also a leading producer of precious metals such as gold. Brazil’s Ministry of Mines and Energy (MME) is responsible for the development of science and technology. Geology, mineral and energy resources, hydropower, mining and metallurgy, oil, fuel and electricity are the primary areas of concern for the MME. The National Mining Agency (ANM) is a federal agency responsible for the implementation of national policy pertaining to mining. The Geological Survey of Brazil provides basic geological information required for the management and rational exploitation of the country’s mineral resources.

The survey department also performs geological surveying, scientific and technical research and studies in the fields of geology, geophysics, geochemistry, geochronology, marine geology, paleontology and remote sensing. Various taxes, including corporate income tax and withholding tax, among others, are applicable to entities in Brazil. The Brazilian Mining Code (Decree No. 227/1967) grants authority to the Ministry of Mines and Energy and the environmental protection authorities, especially the Brazilian Environmental and Renewable Resources Institute (IBAMA) and the state environmental agencies.

Scope

• The report outlines the governing bodies, governing laws, various mineral licenses and fees by state and territory

Reasons to Buy

• Enhance your decision-making capability in a more rapid and time sensitive manner
• Find out Brazil's governing bodies, major laws in the industry
• Identify various mineral licenses and fees
• To gain an overview of Brazil's mining fiscal regime