Tadros, FaridSvensson, Kristina2012-08-132012-08-132010-06https://hdl.handle.net/10986/10484Tax policy is an important tool for attracting investment and spurring growth in mining a valuable industry. This note examines the implications of tax policy from the perspectives of governments and investors, analyzing royalties, windfall taxes, depreciation allowances, loss carry-forward provisions, and tax administration.CC BY 3.0 IGOACCELERATED DEPRECIATIONADVISORY SERVICEADVISORY SERVICESBALANCE SHEETBUSINESS ENVIRONMENTBUSINESS ENVIRONMENTSCAPITAL ASSETSCAPITAL COSTSCAPITAL INVESTMENTCASH FLOWCASH OUTFLOWSCOMMODITYCOMMODITY PRICECOMMODITY PRICESCOMPETITIVE MARKETSCOST OF CAPITALCOST STRUCTUREDEBTDEBTSDEDUCTIONSDEFERRED INCOME TAXDEPRECIATIONDEPRECIATION ALLOWANCESDEVELOPING COUNTRIESECONOMIC GROWTHEFFECTIVE TAX RATESEQUIPMENTEQUITY PARTICIPATIONEQUITY STAKEFINANCE CORPORATIONFINANCIAL CRISISFINANCIAL HEALTHFINANCIAL STABILITYFISCAL POLICIESFISCAL POLICYFOREIGN INVESTMENTGOVERNMENT REVENUEGOVERNMENT REVENUESINCOMEINCOME TAXINITIAL INVESTMENTSINTERNAL RATE OF RETURNINTERNATIONAL DEVELOPMENTINTERNATIONAL FINANCEINVENTORIESINVESTMENT CLIMATEINVESTMENT CLIMATESINVESTMENT REQUIREMENTSJOB CREATIONLIABILITYMATURITYMULTINATIONALMULTINATIONAL CORPORATIONSNATURAL RESOURCESOPPORTUNITY COSTSOUTPUTPUBLIC INVESTMENTRECEIPTSRENEGOTIATIONRETURNSSALES REVENUESHAREHOLDERSSTATEMENTSUSTAINABLE DEVELOPMENTTAXTAX ADMINISTRATIONTAX BURDENTAX LIABILITYTAX PAYMENTTAX PAYMENTSTAX POLICIESTAX POLICYTAX RATETAX RATESTAX REGIMETAX REVENUETAXABLE INCOMETAXATIONTAXPAYERSTECHNOLOGY TRANSFERSTRANSPARENCYTRANSPARENCY INITIATIVEWorld Bank10.1596/10484