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FUTURE OF MINING

ICMM members paid US$55B in tax and royalties in 2022

Contributions are up 77.8% from 2021, given increased demand for commodities

Munira Rajkotwalla
The ICMM reports members' tax contributions in bid to showcase mining's impact in host countries Photo: ICMM

The ICMM reports members' tax contributions in bid to showcase mining's impact in host countries Photo: ICMM

The report, which discloses members' tax contributions in 2022, reveals a total of US$54.9 billion in Corporate Income Tax (CIT) and royalties, marking a 77.8% increase from the previous year. In 2022,...

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