Liberia Extractive & Export Royalty Calculator
Determine government resource royalties under Liberia Revenue Code Section 704: 4.5% on iron ore, 3% on gold/diamonds, 2% on Firestone rubber, and community development funds.
⛏️ Concession Export Parameters
📊 Government Resource Revenue
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❓ Frequently Asked Statutory Questions (FAQ)
What is the statutory mining royalty rate for iron ore in Liberia?
Under Section 704 of the Liberia Revenue Code and Mineral Development Agreements (MDAs) such as with ArcelorMittal and Western Cluster, the statutory royalty rate for commercial iron ore production is 4.5% of the gross market sales value.
What royalty rate applies to gold and diamond exports in Liberia?
The statutory mineral royalty on gold and rough diamonds mined in Liberia is 3.0% of the gross market value, verified by the Ministry of Mines and Energy and Kimberley Process valuation officers.
How are commercial rubber exports (such as Firestone) taxed in Liberia?
Commercial rubber exports are subject to concession agreement royalties and agricultural commodity export levies, typically calibrated at 1.5% to 2.0% of FOB export values, depending on global natural rubber spot prices.
What is the County Social Development Fund (CSDF) contribution?
Major concessionaires are legally mandated under their concession agreements to contribute annual sums (e.g. US$1.5 million to US$3 million) into County Social Development Funds to finance local infrastructure in host counties (such as Nimba, Grand Bassa, and Bong).
Are mining and concession royalties tax-deductible against corporate income tax?
Yes. Under the Liberia Revenue Code, royalties legally paid to the Government of Liberia are allowable business deductions against gross revenue when computing corporate income tax (CIT) liability.
Engr. Muhammad Shahzad
Verified West Africa Statutory Systems SpecialistChartered Systems Engineer and Fiscal Modeler. Specializing in statutory labor standards under the Liberia Decent Work Act 2015, Liberia Revenue Authority (LRA) tax administration, National Social Security and Welfare Corporation (NASSCORP) pension actuarial schedules, ECOWAS Common External Tariffs, and extractive mineral royalties.