Windfall tax (Mongolia)
id:
windfall-tax-mongolia-175-15058511
title:
Windfall tax (Mongolia)
text:
The Windfall tax or windfall profits tax in Mongolia was a taxation on the profits made by mining companies operating in Mongolia. It was implemented in 2006 and was the highest windfall profits tax in the world. It was a tax on unsmelted copper and gold concentrate that was produced in Mongolia. The tax was repealed in 2009 and phased out over two years. Repealing the 68% tax law was considered essential to enable foreign mining companies to invest in mineral resources development of Mongolia.
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Windfall_tax_(Mongolia)
date created:
2013-05-13T14:21:30Z
date modified:
2024-09-03T07:38:55Z
main entity:
{"identifier":"Q17055022","url":"https://www.wikidata.org/entity/Q17055022"}
image:
fields total:
13
integrity:
14