Marcos signs mining tax regime law
President Ferdinand Marcos Jr. signed Republic Act (RA) 12253 or the 'Enhanced Fiscal Regime for Large-Scale Metallic Mining Act' in Malacañang on Sept. 4, 2025. The new law seeks to simplify and rationalize the fiscal regime for large-scale metallic mining, ensuring an equitable share of mining revenues for the government while upholding the principles of transparency, accountability and good governance in the mining industry. Under the law, the estimated revenue impact from 2026 to 2029 is projected at P25.08 billion in total or an average of P6.26 billion per year. RA 12253 consolidates the provisions of House Bill 8937 and Senate Bill 2826.
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