Mozambique Amends Regulation on the Specific Regime of Taxation and Tax Benefits for Mining Activities

According to recent reports, the Mozambique government issued Decree No. 76/2022 in December 2022, which amended the Regulation on the Specific Regime of Taxation and Tax Benefits for Mining Activities. The main changes in relation to taxation include the following:

• The 50% reduction in the mining production tax for extracted minerals used for the development of local industry is repealed;
• Taxpayers holding more than one mining title are required to create separate legal entities with separa…