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Zambias miners stump up taxes

Posted on May 22, 2008

Zambia s mining sector is still expected to provide tax revenues of $415 million this year, despite concerns that a reduced power supply would make the target unattainable.The country introduced a new tax regime this April, which increased mineral royalty from 0.6% to 3% while at the same time raising corporate tax liability from 25% to [...]...

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