Home Login  |   Contact  |   About Us       Friday, March 29, 2024   

j0110924 - Back to Home
   Skip Navigation Links



Skip Navigation Links.



      Skip Navigation Links  

Value Added Tax (VAT) is becoming common worldwide, but some countries have chosen not to adopt this taxation tool because of the high level of paperwork required by both the taxpayer and the government. In nations where VAT is imposed, it is commonly applied to most purchases, both in terms of capital goods as well as services.

Because it is a “consumer” tax and export minerals must compete globally, almost all mineral-exporting countries have chosen to negate the impact of the tax on export mineral sales.

The means to achieve this negation vary widely and involve varying degrees of complexity and government administration. The simplest form of negation is an outright exemption for qualifying projects or products. VAT applied to imported equipment and services can be a heavy burden on a capital-intensive mining project.

Because export sales may be free of VAT the ability to offset is thus brought into question. Most countries negate VAT on imported goods and services through schemes involving exemption, rebates, crediting, refunds, or deferrals.

While many countries exempt or negate the effect of VAT on projects that export, many do apply VAT to mining projects that serve domestic markets - a form of selective discrimination.





   Quotes

Consulting Services - Back to Home


Home

Home Math, Analysis,
  expertise..."

EIGENVALUE
SOLUTIONS...


> Rayleigh-Quotient Method

> Cubic Spline Method

 

Applied Mathematical Algorithms

Home

ComplexFunctions

Home

NonLinear
Home

Differentiation
Home

Integration
About Us


KMP Software Engineering is an independent multidisciplinary engineering consulting company specializing in mathematical algorithms.

      (About Us) →
Areas of
Expertise


SpecialFunctions
VectorsMatrices
OptimizationMethods
ComplexNumbers
Interpolation
CurveFitting
NonLinearSystems
LinearEquations
DistributionFunctions
NumericalDifferentiation
NumericalIntegration
DifferentialEquations
Smalltalk
FiniteBoundary
Eigenvalue
Graphics
Understanding
Mining


MiningMastery
MineralNews
MineralCommodities
MineralForum
Crystallography
Services


NumericalModeling
WebServices
MainframeServices
OutsourceServices

LINKED IN
MINE REVIEW(by G.Pacheco)
Brand





Home

Login

Contact
Since 2006 All Rights Reserved  © KMP Software Engineering LINKS | PRIVACY POLICY | LEGAL NOTICE