Is Medusa still on tax holidays? If yes, for how long? Has this...

Is Medusa still on tax holidays? If yes, for how long?

Has this issue been discussed here? I read the current mining tax is about 40% for foreign companies and 2% for domestic companies, is that right?

“Duterte has called for the amendment of the Mining Act of 1995, to include a 60-40 per cent profit sharing between the Philippine government and foreign mining firms with mining permits”

Is this a concern?

“Duterte is planning to nationalise the mining industry and has promised to push for the passage of the People’s Mining Bill of 2013,”

What does he mean by nationalisation?



http://gulfnews.com/news/asia/philippines/duterte-wants-pro-philippine-law-on-mining-1.1905041