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  • Bills On Fiscal Regime For The Mining Industry - Table

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    Jade Lorenzo
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    This document summarizes different bills proposing amendments to the Philippine Mining Act of 1995 regarding royalty fees for various types of mining operations. It outlines proposals for metallic and non-metallic mining operations both inside and outside of mineral reservations, including rates for large-scale versus small-scale operations and those applying fixed percentages or margin-based percentages of gross output. The Mines and Geosciences Bureau's position supports retaining the 5% royalty for operations within mineral reservations and imposing rates of 1-5% for operations outside reservations depending on the type of mineral and scale of operations.

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    Bills on Fiscal Regime for the Mining Industry_Table

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    This document summarizes different bills proposing amendments to the Philippine Mining Act of 1995 regarding royalty fees for various types of mining operations. It outlines proposals for metallic and non-metallic mining operations both inside and outside of mineral reservations, including rates for large-scale versus small-scale operations and those applying fixed percentages or margin-based percentages of gross output. The Mines and Geosciences Bureau's position supports retaining the 5% royalty for operations within mineral reservations and imposing rates of 1-5% for operations outside reservations depending on the type of mineral and scale of operations.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    4 views1 page

    Bills On Fiscal Regime For The Mining Industry - Table

    Uploaded by

    Jade Lorenzo
    This document summarizes different bills proposing amendments to the Philippine Mining Act of 1995 regarding royalty fees for various types of mining operations. It outlines proposals for metallic and non-metallic mining operations both inside and outside of mineral reservations, including rates for large-scale versus small-scale operations and those applying fixed percentages or margin-based percentages of gross output. The Mines and Geosciences Bureau's position supports retaining the 5% royalty for operations within mineral reservations and imposing rates of 1-5% for operations outside reservations depending on the type of mineral and scale of operations.

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    © All Rights Reserved
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    of 1

    Republic Act No.

    HB 8400 SB 1979 HB 6135 HB 373 Position of the MGB


    7942 - MINING Author: Suansing, et.al Author: Sotto Author: Suansing, et.al Author: Salceda
    ACT OF 1995
    Royalty Fee of 5% Large-scale Metallic Mining outside Large-scale Metallic Mining Large-scale Metallic Mining
    of the market Mineral Reservations – Margin- outside Mineral Reservations outside Mineral Retention of the 5% royalty
    value of the gross based royalty of 1-5% – Margin-based royalty of 1- Reservations – Margin- payment of mineral
    output of the Metallic and Non-metallic 5% based royalty of 1-5% extracted within mineral
    minerals / Large-scale Metallic Mining within mining operations within Large-scale Metallic Mining Large-scale Metallic Mining reservations based on the
    mineral products Mineral Reservations – 3% of the Mineral Reservations, within Mineral Reservations - within Mineral Reservations market value of the gross
    extracted or gross output of the minerals or whether large-scale or 3% of the gross output of the - 3% of the gross output of output
    produced from mineral products extracted or small-scale minerals or mineral products the minerals or mineral
    mineral produced by the mining operations, 5% of the gross output of extracted or produced by the products extracted or
    reservations exclusive of all other taxes the minerals or mineral mining operations, exclusive produced by the mining
    exclusive of all products extracted or of all other taxes operations, exclusive of all Imposition of 3% royalty
    other taxes produced by the mining other taxes payment for metallic
    (Section 13 of Large-scale Non-Metallic Mining operations, exclusive of all minerals outside mineral
    DAO 2010-21) outside Mineral Reservations - other taxes reservations based on the
    Margin-based royalty of 1-5% market value of the gross
    Large-scale Non-Metallic Mining output
    outside Mineral Reservations - 3% of
    the gross output of the minerals or
    mineral products extracted or
    produced by the mining operations, Metallic and Non-metallic Imposition of 1% royalty
    exclusive of all other taxes mining operations outside payment for non-metallic
    Mineral Reservations, minerals inside or outside
    Small-Scale Metallic Mining within or whether large-scale or Small-Scale Metallic Mining Small-Scale Metallic Mining mineral reservations based
    outside Mineral Reservations - 1/10 small-scale – Operations - 1/10 of 1% of Operations - 1/10 of 1% of on the market value of the
    of 1% of gross output gross output gross output gross output.
    Small-Scale Non-Metallic Mining a. 3% on the 1st 3 years
    within or outside Mineral
    Reservations - 1/10 of 1% of gross b. 4% on the 4th year
    output
    Margin-based windfall profits tax on c. 5% on the 5th year and Margin-based windfall profits Margin-based windfall
    income from mining operations thereafter tax gained profits tax on income from
    before corporate income tax - 1% to from mining operations - 1% mining operations before
    10% for each taxable year to 10% for each taxable year corporate income tax - 1% to
    10% for each taxable year

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