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Law No. 8/2005 on petroleum taxation.

País/Territorio
Timor-Leste
Tipo de documento
Legislación
Fecha
2005
Fuente
FAO, FAOLEX
Materia
Recursos minerales
Palabra clave
Hidrocarburos Acceso-a-la-información Autorización/permiso Concesión Tasa/impuesto
Área geográphica
Asia, Asia y Pacifico, Océano Índico, Países menos desarrollados, Pequeños estados insulares en desarrollo, Asia Sudoriental
Entry into force notes
This Law enters into force on the day following the date of its publication in the Official Gazette.
Resumen

This Law is composed of 26 articles divided in seven Chapters. It sets out a specific taxation regime for petroleum activities. It applies to petroleum activities authorized and regulated under Timor-Leste’s Law on Petroleum Activities. This Law applies to the territory of Timor-Leste, including its territorial sea, and to its exclusive economic zone and continental shelf where, by international law, Timor-Leste has sovereign rights for the purposes of exploration for and exploitation of its natural resources. It applies to the Joint Petroleum Development Area, other than the area covered by the Production Sharing Contracts described in Annex F to the Timor Sea Treaty. The Minister responsible for finance shall make regulations for the effective carrying out of the provisions of this Law.

Texto completo
Inglés
Página web
www.eastimorlawjournal.org