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Guyana Introducing Major Tax Relief for Mining Sector

27 July 2022

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Proposed Changes

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Guyana

Guyana's Ministry of Finance has announced the introduction of legislation to provide major tax relief for the mining sector. Measures included the reduction of final tax from a maximum of 3.5% to 2.5%, as well as the removal of the 10% tributors tax for workers in the mining sector. --- MAJOR RELIEF FOR MINING COMMUNITY - as Fiscal Enactment Amendment Bill primarily provides for the reduction of final tax and removal of Tributor's tax applicable to the mining industry Georgetown, Ministry of Finance, July 21, 2022: The Fiscal Enactment Amendment Bill No. 2 of 2022 was today presented to the...