Mineral and Petroleum Taxation (by Distance Learning) module (CP50006)

Extractive industries mainly include mining, processing, refining and trade of minerals and petroleum.

Sustainable mining of critical minerals is essential for energy transition to net-zero economy. A good taxation regime helps in attracting investment in the extractives sector.

In developing countries, dependent on extractive revenues, it also contributes to economic growth and poverty reduction.

This module explores the economic theory behind taxation in the extractive industries.

In this module, you will also review the main instruments of taxation. You will also analyse the policy issues in the field of mineral and petroleum taxation.

What you will learn

In this module, you will:

• study economic theories of taxation in extractive industries
• study tax instruments and allowances in petroleum and mineral industries
• analyse fiscal regimes for minerals and petroleum. These include economic, environmental, social and international considerations
• identify and use parameters for evaluating and comparing fiscal regimes

By the end of this module, you will be able to:

• discuss theories of taxation in the extractive industry
• critique the instruments of taxation in the extractive industry
• discuss policies of taxation
• compare fiscal regimes for mineral and petroleum taxation

Assignments / assessment

• coursework (50%)
  • research paper (3,000-4,000 words)
• final exam (50%)
  • online open-book exam

Teaching methods / timetable

You will learn by distance learning using our virtual learning environment, My Dundee.

Learning material is provided through a study guide, core reading, tutorial questions, and case studies.