FUTURE OF MINING

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

The International Council on Mining and Metals (ICMM) has released its annual report detailing the social and economic impact of its members on host countries.

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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