United Nations Handbook on Selected Issues for Taxation of the Extractive Industries by Developing Countries

https://www.un.org/esa/ffd/wp-content/uploads/2018/05/Extractives-Handbook_2017.pdf

The United Nations Handbook on Selected Issues for Taxation of the Extractive Industries by Developing Countries (the Handbook) is a response to the need, often expressed by developing countries, for clearer guidance on the policy and administrative aspects of applying taxes to enterprises, including multinational enterprises (MNEs) acting in the extractive industries and other local and international companies accessory to the business. Such guidance should not only assist policy makers and administrators in dealing with complex issues such as the quantification of the fiscal take, the costs of decommissioning, and loss of revenues derived from the indirect transfer of assets, but should also assist taxpayers in their dealings with tax administrations.

This Handbook has been the work of many authors, and particular thanks are due to the Members of the Subcommittee on Extractive Industries Taxation—Issues for Developing Countries contributing to this work. Participants included the following Members of the United Nations Tax Committee: Mr. Eric Mensah (Coordinator); Mr. Mohammed Baina (Morocco); Mr. Johan Cornelius de la Rey (South Africa); Mr. El Hadji Ibrahima Diop (Senegal); Ms. Liselott Kana (Chile); Mr. Enrico Martino (Italy); Mr. Ignatius Kawaza Mvula (Zambia); Ms. Carmel Peters (New Zealand); Ms. Pragya S. Saksena (India); Mr. Stig B. Sollund (Norway); Ms. Ingela Willfors (Sweden); and Mr. Ulvi Yusifov (Azerbaijan). Other participants were: Mr. Charles Bajungu (Tanzania Revenue Authority); Mr. Tomas Balco (Ministry of Finance of Slovakia); Mr. Rodolfo Bejarano (Red Latinoamericana sobre Deuda, Desarrollo y Derechos—Latindadd); Ms. Susana Bokobo (Repsol); Mr. Jorge Cabral (Receita Federal, Brazil); Mr. Hafiz Choudhury (M Group); Mr. Michael Durst (Attorney); Mr. Jan de Goede (International Bureau of Fiscal Documentation—IBFD); Mr. Alvaro de Juan Ledesma (Repsol); Mr. Olav Fjellså (Aker BP, Norway); Mr. Kwesi K. Obeng (Tax Justice Network Africa); Mr. Michael Kobetsky (University of Melbourne); Mr. Tomas Lassourd (Resource Governance Institute); Mr. Cephas Makunike (Tax Justice Network Africa); Ms. Nara Monkam (African Tax Administration Forum—ATAF); Ms. Nana Okoh (Gold Fields Ghana Ltd); Mr. Moises Orozco (Servicio de Administración Tributaria—SAT, Mexico); Mr. Miguel Pecho (Inter-American Centre on Tax Administrations— CIAT); Mr. Richard Stern (World Bank Group); Mr. Chris Sanger (Ernest & Young—EY); Mr. Karl Schmalz (United States Council for International Business); Mr. Brian Twomey (Reverse Engineering Services Ltd); Ms. An Theeuwes (Shell); Mr. Marius van Oordt (African Tax Institute); and Mr. Christophe Waerzeggers (International Monetary Fund—IMF). Chapter 5 of the Handbook, on transfer pricing, was prepared with extensive assistance of Mr. Joe Andrus, Ms. Melinda Brown (OECD), Ms. Monique van Herksen (Simmons & Simmons), Mr. Toshio Miyatake (Adachi, Henderson, Miyatake & Fujita), and Ms. Jolanda Schenk (Shell), all members of the Handbook on Taxation of the Extractive Industries Subcommittee on Transfer Pricing. While consensus has been sought as far as possible, the views expressed in the Handbook may not reflect the understanding of all Subcommittee members.