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Between a rock and a hard place? The future of taxation in the mining sector


Between a rock and a hard place? The future of taxation in the mining sector

Report summary

Over the past decade, petroleum prices and company profits have soared. This escalation in prices and profits, along with challenging economic conditions, drove governments to a wave of new ‘resource nationalism’ policies – from outright nationalisation of companies in some extreme cases, to more typical increases in protectionism and/or government take from taxes/royalties, ownership restructuring, and contract revisions.

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