During the Operating Phase, holders of a Mining Operation Title are liable , under common law rules, for all taxes other than those for which they are eligible for an exemption under Article 175 of this Code, including but not limited to:
- Value Added Tax (VAT), excluding VAT on the import of equipment included in the mining list in the first category as set forth in Article 167 of this Code;
- Tax on Industrial and Commercial Profits or Corporate Tax at a rate of 30%;
- Taxes on Income derived from investments at a rate of 10%;
- registration dues on deeds relating to company formation, increasing its share capital through new capital contributions, capital contributions, the capitalization of profits or reserves, or merger;
- lump sum payments on salaries;
- withholding on non-salary income;
- withholding on salaries;
- single automobile tax with the exception of industrial vehicles and equipment at the rate in effect;
- contributions to vocational training or apprenticeship tax, as the case may be;
- Contributions to Local Development, set out in Article 130 of this Code;
- fixed fees and annual royalties set out in Article 159-A of this Code;
- surface royalties set out in Article 160;
- tax on the extraction of Mineral Substances other than Precious Metals set out in Article 161 of this Code;
- tax on the industrial or semi-industrial production of Precious Metals set out in Article 161-I of this Code;
- the export tax on Mineral Substances other than the Precious Metals set out in Article 163 of this Code;
- export tax on Precious Stones and Gemstones set out by Article 163-I of this Code.
Imported fuels, lubricants and other petroleum products are taxed in accordance with common law. However, they are eligible for VAT reimbursement within the limits of quotas agreed by the Minister in charge of the Budget.
However, the import of heavy fuel oil for on-site extraction and concentration of crude mine substances and for the on-site processing of mine substances into semi-finished or finished products is exempt from VAT on condition that this heavy fuel oil is included in the mining list for the Operating Phase of the mine defined in Article 166 of this Code, filed prior to the start of such Operating Phase.
In addition, the holders of a Mining Operation Title are subject to payment of environmental taxes and royalties on classified establishments, in accordance with the Environmental Code and its implementing regulations.