Cho at the Zambian Economist site has posted all the new bills relevant to mines reform. Thanks Cho! I haven't read them but felt people would be interested to analyse themselves. Discuss further here or on Cho's blog.
Mines and Minerals Development Bill 2008 - An Act to revise the law relating to the prospecting for, mining and processing of minerals; and to repeal and replace the Mines and Minerals Act, 1995.
Income Tax Bill 2008 - An Act to amend the Income Tax Act, with new provisions for mining windfall taxes etc.
Customs and Excise (Amendment) 2008 - An Act to Amend the Customs and Excise Act, with new measures that will apply a 15% export levy on copper concentrates, from the beginning of April 2008.
Value Added Tax 2008 - An Act to amend the Value Added Tax Act as laid out in the Budget.
2 comments:
Great information brother!
By the way, i mentioned this post on my Carnival of Socialism post. A collection i gathered of recent blog posts about equal rights and liberations.
http://power-2-people.blogspot.com/2008/03/liberation-politics-and.html
With 25% in depreciation and taxes .... windfll copper above $ 4 / lb taxes will be 60% of the profits!
prix/lb a la tonne royalties Prix de R windfall windfall/t BENEF AV AMORT 25% AMORT BENEF AP AMORT 30% CT BENEFICE NET TOTAL IMPOT %/ BENF %/ ben apres am
2 2,5 5510 165,3 2500 0 0 2844,7 711,18 2133,525 640,06 1493,47 805,36 0,283 0,377
2,5 3 6612 198,36 2500 0,125 275 3638,64 909,66 2728,98 818,69 1910,29 1292,05 0,355 0,473
3 3,5 7714 231,42 2500 0,37 814 4168,58 1042,15 3126,435 937,93 2188,50 1983,35 0,476 0,634
3,5 4 8816 264,48 2500 0,75 1650 4401,52 1100,38 3301,14 990,34 2310,80 2904,82 0,660 0,880
4 4,5 9918 297,54 2500 1,25 2750 4370,46 1092,62 3277,845 983,35 2294,49 4030,89 0,922 1,230
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