2 3 4 5 6 CHAPTER X BENEFIT SHARING, TAXES AND FEES Sec. 98. Taxes and fees. - The contractor shall pay all taxes and fees as required by law, including, but not limited to; 7 a) contractor's income tax; 8 b) customs, duties and fees on imported capital equipment; 9 c) value-added tax on imported goods and services; 10 11 d) withholding tax on interest payments on foreign loans; e) withholding tax on dividends to foreign stockholders; 12 f) documentary stamps taxes; 13 g) capital gains tax; 14 h) excise tax on minerals; 15 i) local business tax; 16 j) real property tax; 17 k) community tax; 18 I) occupation fees; 19 m) registration, accreditation, and permit fees; and 20 n) water usage fees. 21 Sec. 99. Government share. - Aside from the taxes and fees referred to in the 22 preceding section. Government shall have at least a share equivalent to ten per cent 23 (10% ) of the gross revenues from the development and utilization of mineral resources 24 that are owned by it to be set aside for the general fund of the government to be used, 25 among others, for special projects such as energy development and generation and the 26 management and conservation of protected areas in areas within the vicinity or 27 adjacent to mining operations. 28 Sec. 100. Indigenous cultural communities' royalty. - In case of mineral 29 operations within ancestral domains, the contractor shall pay at least ten percent (10% ) 30 of the gross revenues as royalty to the ICCs/IPs. Community development programs 31 shall not be considered as royalty payment. The payment of the royalties shall directly 32 be given to the communities in a process that build on the ICCs/IPs' traditional and 33 customary laws: Provided, That the royalty established in this Act shall be a minimum 34 royalty payment and may still be subject to other conditions to be agreed by the 35 parties, free from 36 analogous acts, and obtained after fully disclosing the intent and scope, including the 37 positive and negative impacts of the activity, in a language and process understandable any external manipulation, 34 interference, coercion, and other