The government’s fiscal take

A government’s share from the development of its natural resources can include many components whose nature and scope can be wide ranging. While likely to include income taxes and royalties normally associated with the extractive industries the government’s share can also include other taxes and fees, as well as obligations placed upon investors, such as making infrastructure investment, employing and/ or training residents, purchasing services and supplies from local businesses, and contributions to decommissioning and environmental costs. It is this total contribution to a developing country’s economy that should be considered in evaluating fiscal take.

Sustainable Development Goals:

Industry, Innovation and Infrastructure

Responsible Consumption and Production

Partnerships for the Goals