The following payment flows from the reporting companies are included in the reconciliation 2017:
- Direct taxes, indirect taxes, other income (non-tax). For these flows of payments, we refer to section 3 of this report.
- Direct and indirect taxes are paid to the Tax Authorities and all income from other sources (non-tax) are payments to the GOS that are monitored by MOF regardless of the Ministry initiating these income streams.
- Specific agreement with RGM. Contrary to 2016 SR-EITI Report, the MOF recognized the payments under the PPA1 (power plant agreement), being the 1st amendment in 2003 to the Mineral Agreement 1994, as other non-tax income.
In its missive of January 13, 2015, the Council of Ministers approved that this income from the Government should be transferred to the Suriname Energy Companies (a State-owned power company in Suriname, N.V. EBS) for capital investments. MOF reports this income as revenues from the Mining sector and the counter entry is a subsidy in the national budget to EBS.