IMF Staff Country Reports

Uganda: Technical Assistance Report-Implementing Fiscal Regimes for Extractive Industries: Technical Notes

December 13, 2017

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Uganda: Technical Assistance Report-Implementing Fiscal Regimes for Extractive Industries: Technical Notes, (USA: International Monetary Fund, 2017) accessed December 3, 2024

Summary

This Technical Assistance Report discusses the advice provided by the IMF staff to the authorities of Uganda regarding implementation of fiscal regimes for extractive industries. The report considers options on how to conduct future licensing rounds, including possible bid variables and bid evaluation methods. It provides detailed comments on the draft model Production Sharing Agreement, along with simulations of its fiscal terms. The report also explains how crude oil price into the refinery is likely to be a negotiated outcome using the pipeline tariff as a guide.

Subject: Commodities, Double taxation, Economic sectors, Expenditure, Mining sector, Oil, Taxes, Value-added tax

Keywords: Africa, Company B, CR, Domestic law, Double taxation, Excise duty, Global, Government share, Gross income, Gross sales, Income tax, Interest rate, ISCR, Mining sector, Model DTA, Oil, Place of business, Processing company, Production bonus, Rate of return, Service fee, Tax credit, Tax rate, Value-added tax

Publication Details

  • Pages:

    57

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2017/368

  • Stock No:

    1UGAEA2017028

  • ISBN:

    9781484332368

  • ISSN:

    1934-7685