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  Indonesia′s export tax on 10% of the lowest content of bauxite ore levy of 42%

2017-2-14


According to foreign news on February 13th, the Indonesian Ministry of Finance released an announcement to levy a maximum of 7.5% of export tariffs on zinc, iron and copper and other concentrates, the tax rate will vary according to the progress of the construction of the smelter. Indonesia′s Ministry of Finance said in a statement: "the faster the construction of smelting facilities, the lower the rate of levy." The statement also said that the nickel content of less than 1.7% of nickel ore, bauxite and alumina was the lowest of 42%, will impose a 10% tariff unification.
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