Increase in the Tax Burden on Iron Ore Mining. The Ukraine Parliament adopted Tax law №5600 which increases the tax burden on iron ore mining. Amendment №97, which sought to reduce taxes, was rejected in the VR despite previous support from the co... #IronOreTaxes #MiningTaxesinUkraine #OreMiningTax
With world iron ore prices double the level of one year ago, President Zelenskiy defended a draft law passed last week to increase taxes on iron ore. “The price is very high today,” he said at his press conference. “You can slightly increase budget revenues. I think it’s fair.” Moving from a tax of 11-12% of iron ore as it come out of the gro... #IronOreexportworldwide #IronOrefromUkraine #IronOrepricesdoubled #IronOreTaxes
