Federal Royalty and Tax Treatment of the Hardrock Mineral Industry : An Economic Analysis.
Provides brief history of the 1872 Mining Law, including the mineral leasing system and royalty payment requirements for energy minerals. Discusses economic rationale for the payment of royalties on hardrock minerals, focusing on appropriate economic basis for payment of royalties to the Federal Gov...
| Corporate Authors: | , |
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| Format: | eBook |
| Language: | English |
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[Place of publication not identified] :
[publisher not identified],
2007.
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| Series: | U.S. Congressional Research.
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| Subjects: | |
| Online Access: | Connect to the full text of this electronic book |
| Summary: | Provides brief history of the 1872 Mining Law, including the mineral leasing system and royalty payment requirements for energy minerals. Discusses economic rationale for the payment of royalties on hardrock minerals, focusing on appropriate economic basis for payment of royalties to the Federal Government as landowner, comparison of royalties based on market value with alternative criteria such as gross income from depletion and net smelter return, question of an appropriate royalty rate, and likely economic effects of royalty-free provision of public lands and effect of introducing a royalty. Examines Federal tax provisions, including three tax subsidies that affect the hardrock minerals industry, as well as claims and patent fees that the industry pays. |
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| Item Description: | Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Dec. 2010). Reuse except for individual research requires license from ProQuest, LLC. CRS Report. Electronic resource. |
| Physical Description: | 1 online resource. |