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Mozambique Amends Regulation on the Specific Regime of Taxation and Tax Benefits for Mining Activities

|Approved Changes|Mozambique
Mozambique

According to recent reports, the Mozambique government issued Decree No. 76/2022 in December 2022, which amended the Regulation on the Specific Regime of Taxation and Tax Benefits for Mining Activities. The main changes in relation to taxation include the following:

  • The 50% reduction in the mining production tax for extracted minerals used for the development of local industry is repealed;
  • Tax…

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