KCN 4.43% $1.65 kingsgate consolidated limited.

Yes. Critically we are looking at getting an effectively 30% net...

  1. 9,704 Posts.
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    Yes. Critically we are looking at getting an effectively 30% net benefit on approval of Thai Board of Investment (BOI) tax incentives.

    Mining companies in Thailand are liable to pay corporate income tax rate of 20% on net profit. Dividend payments are then generally subject to a withholding tax of 10 per cent.

    I understand also that refinery costs will not increase from prior arrangement with HK and with some prospect of coming down further on increased volume. It will also be immediately sold into Thai jewellery market so converted to cash more efficiently




 
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