Mali: Technical Assistance Report: Continued Modernization of the Malian Tax System and Administration—Memorandum on Natural Resource Management
This Technical Assistance Report discusses continued modernization of the Malian tax system and administration of natural resources. The Malian mining sector essentially consists of gold mining. The diversification policy is a failure at this point. The authorities’ stated objective of diversifying mining production has not produced a clear, consistent action plan. Apart from precious substances, the high cost of bulk transportation (minerals), the technical and financial difficulties of local processing, and the weak domestic market make it unlikely that Mali’s mining future can be defined other than by gold in the short or medium term.
Year of publication: |
2013-12-06
|
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Institutions: | International Monetary Fund (IMF) ; International Monetary Fund |
Subject: | Tax systems | Mining sector | Gold | Natural resources | Technical Assistance | Tax administration | Mali | taxation | extractive sector | tax policy | tax rates | government revenue | tax base | production-sharing agreements | tax revenue | gold production | exploration activities | exploration expenses | fiscal framework | gold reserves | exploration contracts | tax planning | extractive industries | fiscal affairs | tax income | tax on wages | production royalty | exploration permit | fiscal affairs department | gold prices | revenue collection | concession holder | tax authorities | extractive industries transparency initiative |
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