Bauxite cash taxed

The Mineral Resources Department yesterday clarified that the $1.2million received by Government is after tax. The amount is earned from Chiping Xinfa Huayu Alumina Co. Ltd for selling bauxite. Director MRD Malakai Finau said the remaining $38.8m, a vast amount, would be deducted for expenses incurred by the company during operation. When asked what the […]

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