“Large-scale mining is emerging a major economic sector in Ecuador and this elevated knowledge of BEPS risks will inform our manuals for tax audits in the sector.”
What do participants say about BEPS in Mining trainings?
“The entire BEPS in mining course has been a revelation. We always thought that we were the only country having problems with things like transfer pricing and permanent establishment, it has been great to listen to solutions from other countries. As government officials, this training helped us to identify and scrutinize international tax and transfer pricing issues in the mining sector in our country.”
“The most useful topic for me was pricing of different types of coal using the world market price database. In Mongolia, underpricing of coal in transactions both with related parties and independent parties is a common issue.”
“The transfer pricing audit team covers many sectors, so this program allows us to improve our capacity to review mining companies.”
“I will use what I learned to alert my colleagues about the risks emerging from international tax treaties, transfer pricing, and offshore indirect transfers. The latter has generated huge revenue losses for tax administrations in Africa. Officials need more training like this to build capacity on mining tax issues.”
“This training is very important for government officials that are new to the mining industry but also for those with vast experience in the sector. For those that have been in the field for a long time, the course offers an exciting platform to learn about emerging issues and debates affecting mining taxation. For upcoming officials, the course provides a strong foundation of knowledge”
“The training provided by IGF, OECD and CIAT has left us better prepared to address international taxation issues in the mining sector that we may not have anticipated otherwise. For example, the mineral streaming module helped me to delve into relevant aspects of a challenging subject for us as auditors due to the complexity of this type of contract.”
“The knowledge we have acquired in the training can be applied in our day-to-day tax audit, risk assessment, and tax collection activities.”
“The training on transfer pricing risk assessment in the mining sector was very useful and practical, reflecting actual issues encountered by auditors.”