Mineral extraction taxpayers are organizations and individual entrepreneurs who, in accordance with US law, are recognized as users of subsoil.
Unlike payers of other taxes that are required to register with tax organizations at their location, the payer of the mineral extraction tax is subject to tax registration within 30 calendar days from the moment of state registration of a license or permission to use a subsoil block at the location of the site. The exception is made only for taxpayers engaged in the extraction of minerals in subsoil plots granted to them for use on the US continental shelf, in the exclusive economic zone of the United States, as well as outside the territory of the United States (in territories under the jurisdiction of the United States or leased from foreign countries) . In this case, they must register as tax payers in the generally established order, i.e. at the location of the organization or at the place of residence of the individual.
Taxation objectThe object of taxation is the minerals extracted from the subsoil on United States territory (including hydrocarbon deposits), outside the United States territory, as well as minerals extracted from wastes or losses from the mining industry , provided that such extraction is subject to separate licensing in accordance with United States law.
At the same time, the tax legislation has established a sufficiently large list of minerals whose extraction is not taxed.
Not recognized as an object of taxation, in particular, common mineral resources and groundwaters that are not on the state balance of mineral resources, which are extracted by individual entrepreneurs and used directly for personal consumption.
Extracted or collected mineralogical, paleontological and other geological collection materials are also not subject to taxation.
Mineral resources extracted from the bowels during the formation, use, reconstruction and repair of specially protected geological objects that have scientific, cultural, aesthetic, sanitary or other public significance are not subject to taxation.
Mineral resources extracted from own dumps or wastes (losses) of mining production or associated processing industry are not subject to taxation. But at the same time, the condition should be met that their extraction from the bowels of the earth was subject to taxation. Drainage underground waters that are not accounted for on the state balance of mineral reserves extracted during the development of mineral deposits or in the construction and operation of underground structures are also not taxed.
Given the specific nature of the object of taxation on the extraction of minerals, it is necessary to dwell on its characteristics in more detail.
First, should determine what is included in the term "minerals".
For mineral purposes for the purposes of taxation is the production of mining industries and quarrying, contained in mineral raw materials, rock, liquid and other mixtures actually extracted or extracted from the bowels or from wastes and wastes quality corresponding to the United States state standard, industry standard, region or other quality standards.
Secondly, tax legislation established a closed list of types of minerals recovered. They include: anthracite, coking coal, brown coal, other types of coal, oil shale, peat, hydrocarbon raw materials (oil, methane of coal seams, natural gas), commodity ores of ferrous, non-ferrous, rare metals, as well as multicomponent complex ores and components from them.Mineral resources taxable are also mining chemical nonmetallic raw materials, including potassium, magnesium and rock salts, sulfur, asbestos, iodine, bromine and other types of non-metallic minerals for the chemical industry and the production of mineral fertilizers.
The nonmetallic raw materials used in the construction industry, including gypsum, anhydride, chalk, dolomite, limestone, construction sand, pebbles, gravel and other nonmetallic minerals are also included in the minerals.
The list includes products of stone-colored raw materials (topaz, nephrite, turquoise, agate, jasper, etc.), as well as natural diamonds and other precious stones (emerald, ruby, sapphire, alexandrite, amber).< center>
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