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Finance Ministry opposes tax incentive plan for coal miners
Sep 15th 2012, 03:55

Paper Edition | Page: 14 The Finance Ministry has turned down the idea of providing a fiscal incentive to the country's coal mining industry which are now mostly facing financial difficulties due to the continued drop in coal prices. "The royalty we receive from the coal mining industry is still small. There is no way for us to provide tax incentive for them," Finance Ministry interim fiscal agency head Bambang Brodjonegoro told reporters Friday. The idea of providing tax incentive to coal mining companies came...

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