Author : Phillip N. Yasnowsky,Annette P. Graham
Publisher : Unknown
Page : 32 pages
File Size : 46,6 Mb
Release : 1982
Category : Copper industry and trade
ISBN : UOM:39015078462408
State Severance Taxes by Phillip N. Yasnowsky,Annette P. Graham Pdf
This Bureau of Mines report summarizes State severance taxes imposed on minerals and mineral fuels, provides a hypothetical example of how a State severance tax affects selected components of a firm's income statement, and uses the Bureau's Minerals Availability System (MAS) to estimate the effect of assumed changes in State severance tax rates on copper recovery cost at given levels of potential copper availability. A reduction of the rates to zero or a doubling of them results in changes in costs that are of the same order of magnitude as the cost of transporting copper to the United States from major foreign producing countries.