Fwd: Mining industry: time to have sound taxation policy
- Gerardo Diaz
- 2010-05-19 @ 14:26
"Do you think that it is time for the government to exercise its right
of claiming its share from the profits of these industries by creating
a sound structure of taxation of natural resources?"
i don't know for sure, but i think so. moreover, in my opinion,
overdue taxation should be paid too, and at least in part, all these
fonds should be addressed to recycling investigation and heavy
maybe it's time to start discussing the issue
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From: PeerPower ET Editorial <firstname.lastname@example.org>
Subject: Mining industry: time to have sound taxation policy
Today is May 19, 2010
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Dear Gerardo Diaz
Owing to the large increase in the prices of iron ore,the mining
industry ends up making massive profits.Do you think that it is time
for the government to exercise its right of claiming its share from
the profits of these industries by creating a sound structure of
taxation of natural resources?
Tax windfall profits
Extractive industries should share gains.
The mines ministry has done well to propose a windfall tax on minerals
like iron ore. Mining companies rake in hefty profits from rising
prices of iron ore, which is available dirt cheap from captive mines.
The government has a right to claim a slice of the profits as
custodian, on be.. read more
Post your views
Tax windfall profits
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