Bloomberg reported that Australia's 30-percent tax on coal and iron profits will bring in only AU$800 million in revenue by June 30, down from an earlier estimate of $2 billion.
Articles Tagged "coal tax"
Reuters reported that Indonesian officials are not planning to tax coal exports as other officials had previously claimed.
Mining Weekly reported that an export tax on Indonesian coal could decrease the value of that country's coal business.
Platts reported that the coal profit tax bill, called the Minerals Resource Rent Tax, has now been introduced in Australia's parliament.