Mineral taxation – NBC Institute

AT – Nov 2019 – L3 – Q4c – Minerals and mining

Calculate the royalty payable for a mining company based on given production and revenue data

Question

The following data relates to Nyametsew Mining Company for 2018 year of assessment. Production – 2,000,000 Ounces Revenue – GH¢10,000,000 Cost of Production – GH¢4,000,000

Required: Compute the Royalty Payable.

Answer

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Tags: Mineral taxation, Minerals and mining, Revenue-based royalty
Level: Level 3

Topic: Minerals and mining
Series: NOV 2019

Question Tag: Mineral taxation

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AT – Nov 2019 – L3 – Q4c – Minerals and mining

Calculate the royalty payable for a mining company based on given production and revenue data

AT – Nov 2019 – L3 – Q4c – Minerals and mining

Calculate the royalty payable for a mining company based on given production and revenue data

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Question Tag: Mineral taxation

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AT – Nov 2019 – L3 – Q4c – Minerals and mining

Calculate the royalty payable for a mining company based on given production and revenue data

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AT – Nov 2019 – L3 – Q4c – Minerals and mining

Calculate the royalty payable for a mining company based on given production and revenue data

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