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Monitoring the Value of Mineral Exports: Policy Options for Governments

Publication date:

2 018

Source:

IGF, OECD

Source URL:

IGF, OECD

Source URL:

http://www.oecd.org/tax/beps/monitoring-the-value-of-mineral-exports-oecd-igf...

Publication type:

Guide

Publication URL:

Go to resource

Publication URL:

http://www.oecd.org/tax/beps/monitoring-the-value-of-mineral-exports-oecd-igf...

Negotiation stage:

4. Implementation & Monitoring

Sector:

Extractive Industries Mining

Long description:

The practice note aims to increase policy-makers’ knowledge of the process of determining the value of exported minerals. The focus is determining the value (or quality) of mineral exports, not the quantity. While there is a risk that companies may underestimate both, verifying the value of minerals is more complex and requires more technical expertise. Additionally, most governments have some measures in place to verify quantity—for example, draft surveys to calculate the weight of a ship carrying minerals for export—whereas the skills, expertise and facilities to monitor mineral value are lacking.


Having laid the foundation, the practice note sets out three main policy options for improving government oversight of mineral product export valuation (hereinafter referred to as “export valuation”). These are: direct measurement of mineral value, monitoring companies’ own mineral export valuation processes and a hybrid approach. The goal is that policy-makers will be equipped to make informed, risk-based decisions on how best to monitor the value of mineral exports.

Region:

Africa Asia North & South America Europe Australia

Roadmap references:

Government Policies and Strategies: Assess, Formulate and Reform Implementation and Monitoring of the Investment Stage Monitoring of the Investment Implementation of the Investment

Topics:

Monitoring

Categories:

Monitoring

Languages:

English