Panama: Royalties Payable by Mining Companies Increase to 4%Modifications planned to the Mining Resources Code also include requirements for environmental studies.Wednesday, July 7, 2010
In addition to the increase in royalties from 2% to 4%, the reforms to the Mining Resources Code that the Panamanian government is working on will include the payment of taxes as soon as companies generate revenue, as well as the requirement for environmental impact assessments (EIAs). Source: Prensa.com ¿Busca soluciones de inteligencia comercial para su empresa?
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