Insights on Incentives: Tax Competition in Mining

This paper highlights key findings from an analysis of the IGF Mining Tax Incentives Database, a collection of files comparing the fiscal regimes of 104 mining projects across 21 countries. The database is the first large-scale, systematic attempt to compile tax incentives used by developing country governments to attract mining investment. It is also the first public effort to bring together incentives granted in mining contracts. This is made possible through greater contract transparency?in particular, the availability of resource contracts compiled by the Natural Resource Governance Institute (NRGI), Colombia Centre for Sustainable Investment (CCSI), the World Bank and Open Oil.