Second National Reconcilation Study EITI Peru - unofficial…

1.2. Legal basis in force during the periods included in the Study 47
1.3. Participants 47
1.4. Calculation basis 47
1.5. Frequency 48
1.6. Use 48
2. Implementation of the procedure for collecting and distributing the mining
royalty 48
2.1. Collection 48
2.2. Distribution 50
2.2.1 Distribution criteria 50
2.2.2 Establishing the distribution indices 50
2.2.3 Transfer of the mining royalty 51
2.3. Diagram showing the procedure for collecting and distributing the
mining royalty 53
IV.3. Oil royalty 54
1. General features 54
1.1. Payment 54
1.2. Legal basis in force during the periods included in the Study 54
1.3. Participants 55
1.4. Calculation basis 55
1.5. Frequency 56
1.6. Use of the canon and sobrecanon (royalty surtax) 56
2. Implementation of the procedure for collecting the oil royalty and distributing
the oil canon and sobrecanon (royalty surtax) 56
2.1. Collection 56
2.2. Distribution 57
2.2.1 Area of influence 57
2.2.2 Distribution criteria 57
2.2.3 Establishing the distribution indices 58
2.2.4 Exchange rate 59
2.2.5 Transfer of the canon and sobrecanon (royalty surtax) 59
2.3 Diagram showing the procedure for collecting the oil royalty and
distributing the oil canon and sobrecanon (royalty surtax) 60
IV.4 Gas royalty 61
1. General features 61
1.1. Payment 61
1.2. Legal basis in force during the periods included in the Study 61
1.3. Participants 61
1.4. Calculation basis 62
1.5. Frequency 62
1.6. Use of the canon 63
2. Implementation of the procedure for collecting income tax and gas royalty and
distributing the gas canon 63
2.1. Collection 63
2.2. Distribution 64
2.2.1 Area of influence 65
2.2.2. Distribution criteria 65