THE IMPLICATION OF EXTRACTIVE SECTOR FISCAL REGIME TO THE ECONOMY: A CASE OF THE MINING SUB SECTOR IN TANZANIA

The mining fiscal regime in Tanzania is characterized by the fact that the Government is the owner of the
resource with sovereign authority to impose taxes, fees and rents on all persons and companies operating in its jurisdiction. For that matter, the Government of Tanzania (GoT) imposes a combination of
resource-based levies such as royalties on won minerals; rental fees on e...