The publisher's "United States of America (USA) Mining Fiscal Regime 2021" provides a comprehensive coverage on the US' mining fiscal regime. The report provides country's overview with macroeconomic performance, ease of doing business, corruption index and mineral overview. It also provides a comprehensive coverage on the country’s mining regulatory bodies, laws, rights, and obligations, as well as current and future tax-related proposals.
The US has abundant and diverse natural resources, including extensive deposits of copper, gold coal, iron ore, and uranium. The US federal and state bodies have separate roles and responsibilities for resource exploration and development. Mineral resources, for example, are owned by the state or federal governments, rather than private individuals. The Department of the Interior; Office of Surface Mining Reclamation and Enforcement; Mine Safety and Health Administration; and the Environmental Protection Agency are the main governing bodies. Mining Law 1972, and the Surface Mining Reclamation and Enforcement Act (SMRCA) are the apex laws. Various taxes are imposed both at federal and state levels, including corporate tax, mining reclamation fee, and occupation tax. According to the USGS, mines in the US generated about US$82.3 billion in minerals in 2020, which is about US$1.5 billion less than the revised total of US$83.7 billion in 2019.
The US has abundant and diverse natural resources, including extensive deposits of copper, gold coal, iron ore, and uranium. The US federal and state bodies have separate roles and responsibilities for resource exploration and development. Mineral resources, for example, are owned by the state or federal governments, rather than private individuals. The Department of the Interior; Office of Surface Mining Reclamation and Enforcement; Mine Safety and Health Administration; and the Environmental Protection Agency are the main governing bodies. Mining Law 1972, and the Surface Mining Reclamation and Enforcement Act (SMRCA) are the apex laws. Various taxes are imposed both at federal and state levels, including corporate tax, mining reclamation fee, and occupation tax. According to the USGS, mines in the US generated about US$82.3 billion in minerals in 2020, which is about US$1.5 billion less than the revised total of US$83.7 billion in 2019.
Scope
- The report outlines the governing bodies, governing laws, various mineral licenses and fees by state and territory.
Reasons to Buy
- Enhance your decision-making capability in a more rapid and time sensitive manner
- Find out the US's governing bodies, major laws in the industry
- Identify various mineral licenses and fees
- To gain an overview of the US's mining fiscal regime
Table of Contents
1 Executive Summary2 Country Overview2.1 Macroeconomic Performance
2.2 Ease of Doing Business
2.3 Corruption Index
2.4 Minerals Overview
3 Governing Bodies3.1 Federal Governing Bodies
3.2 State Governing Bodies
3.3 Laws and Regulations
- Federal Laws
- State Laws
- Coal Mining Lease
- Exploratory License
- Federal Permits
- State Permits
- Rights
- Obligations
- Federal Reclamation Fee
- Royalty
- Mining Claim Fees
- State Fees
- Corporate Tax Rates
- Real Property Tax
4 Appendix4.1 Abbreviations
4.2 Methodology
4.3 Coverage
4.4 Secondary Research
List of TablesTable 1: The US’ Mining Fiscal Regime - Ease of Doing Business, Global Ranking, 2019-2020
Table 2: The US’ Mining Fiscal Regime - National Level Mining Governing Bodies and Agencies, 2020
Table 3: The US’ Mining Fiscal Regime - State Level Mining Governing Bodies and Agencies, 2020
Table 4: The US’ Mining Fiscal Regime - Coal Mining Fees, 2020
Table 5: The US’ Mining Fiscal Regime - Excise tax rates, 2020
Table 6: The US’ Mining Fiscal Regime - Coal royalty Rates (%), 2020
Table 7: The US’ Mining Fiscal Regime - Mining Claim fees (New Claims), Before September 1, 2019
Table 8: The US’ Mining Fiscal Regime - Mining Claim fees (New Claims), On or After September 1, 2019
Table 9: The US’ Mining Fiscal Regime - Mining Claim fees (Existing Claims), 2020
Table 10: The US’ Mining Fiscal Regime - Processing Fees to Apply for Waiver in Maintenance Fees for Existing Claims, 2020
Table 11: The US’ Mining Fiscal Regime - Processing Fees for transfer of Interest/Amended Notice of Location, 2020
Table 12: The US’ Mining Fiscal Regime - Disposition of Occupation Tax Revenue, 2020
Table 13: The US’ Mining Fiscal Regime - Tennessee Mining fees (US$), 2020
Table 14: The US’ Mining Fiscal Regime - Alaska Mining License Tax on Net Income (%), 2020
Table 15: The US’ Mining Fiscal Regime - West Virginia Coal Severance Tax Rate (%), 2020
Table 16: The US’ Mining Fiscal Regime - Montana Coal Severance Tax Rate (%), 2020
Table 17: The US’ Mining Fiscal Regime - Nevada, Net Proceeds Tax Rates (%), 2020
Table 18: The US’ Mining Fiscal Regime - State Corporate Tax Rates (%), as of January 2021
List of FiguresFigure 1: The US’ Mining Fiscal Regime - Country Overview, 2021
Figure 2: The US’ Mining Fiscal Regime - Nominal GDP (US$ Billion) and Real GDP Growth Rate (%), 2001-2020
Figure 3: The US’ Mining Fiscal Regime - Mining Sales and Production, 2015-2020
Figure 4: The US’ Mining Fiscal Regime - Ease of Doing Business, Global Ranking, 2019-2020
Figure 5: The US’ Mining Fiscal Regime - Corruption Perception Index Rank, 2015-2020
Figure 6: The US’ Mining Fiscal Regime - EoDB and CPI Ranking, 2020
Figure 7: The US’ Mining Fiscal Regime - Minerals Production Trend, 2011-2020
