The design of mining tax systems varies, depending on the policy objectives of each host government. However, the basic mineral sector taxation tools have remained similar over the past several decades, i.e. the use of corporate income tax and royalties. Recently, mining-rich countries such as Senegal, Argentina and Uganda have expressed an interest in replacing the royalty/corporate income tax system with a production sharing contract (PSC) in a bid to increase revenues and overall domestic benefits from the mining sector.

This session will provide a timely platform to scrutinize whether production sharing contracts could indeed represent a “new model of benefit sharing” in the mining sector. It seeks to deepen understanding of PSCs as a fiscal innovation and to help decision-makers judge whether this model could play a constructive role in maximizing mining’s contributions to sustainable development. 

Moderator

• Joël Sanon, Senior Legal Counsel and Natural Resources Sector Lead, Africa Legal Support Facility (ALSF)

Speakers

• Mariame-Yolande Bah, Legal Counsel and Regional Coordinator for North and Central Africa, Africa Legal Support Facility (ALSF) 
• Landry Ouedraogo - Policy Analyst, Tax and Extractives, IGF
• Aminata Seck, Director of Strategy and Regulation, Ministry of Energy, Petroleum and Mining, Senegal 
• Mario Ricardo Thiem, Undersecretary of Mining Development, Ministry of Mines, Argentina