kyrgyz gold sector windfall profits tax, page-3

Wouldn't be surprised, their corporate tax rates are way too low.

Bear in mind that the way these taxes work is for example, normal tax rates apply when gold is a certain price say 1650$.

The higher it shoots up the higher taxes you pay. Goes up in increments up to a certain cap.

For eg, 0-1650$ 10%
1650-1850 20%
1850-2000 30%
2000 onwards 40%

40% tax is not for all 2000$, just the difference between 1650$ and 2000$. So actual tax rates would be between 20-30%.

Just an example. Not announced yet.

Remember you need to make a windfall to pay this tax, so yeah worry about this tax when you have too much money lol.