{"id":875,"date":"2012-12-15T17:23:46","date_gmt":"2012-12-15T22:23:46","guid":{"rendered":"http:\/\/www.juniorminingnews.com\/?p=875"},"modified":"2012-12-15T17:23:46","modified_gmt":"2012-12-15T22:23:46","slug":"cote-divoire-adds-new-tax-on-gold-profits","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=875","title":{"rendered":"C\u00f4te d’Ivoire adds new tax on gold profits"},"content":{"rendered":"

Reuters<\/em><\/p>\n

\"\"<\/a>
Mark Bristow, Rangold CEO, says tax is “punitive”.<\/figcaption><\/figure>\n

C\u00f4te d’Ivoire’s parliament has approved a new tax on gold profits, a parliament official said on Friday, despite industry objections that the levy could stifle development of the country’s budding mining sector.<\/p>\n

The law was passed on Thursday as part of a bill modifying the 2012 budget.<\/p>\n

“The bill modifying the fiscal annex of the 2012 budget was voted on … It was approved,”\u00a0Marius Ndri, the director of legislative services for the National Assembly, said.<\/p>\n

C\u00f4te d’Ivoire, the world’s top cocoa producer, is a relatively small, but growing gold producer and is pushing to expand its long-neglected mining sector to help fund post-war reconstruction after a brief armed conflict last year ended a decade of political crisis.<\/p>\n

The government proposed a new tax in September on what it termed “super profits”, saying it would be applied for 2012 and yield some 40-billion CFA francs ($79.8-million) in additional income to the state.<\/p>\n

Read the full article . . .<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

C\u00f4te d’Ivoire’s parliament has approved a new tax on gold profits, a parliament official said on Friday, despite industry objections that the levy could stifle development of the country’s budding mining sector.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[4],"tags":[9,34],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/875"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=875"}],"version-history":[{"count":0,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/875\/revisions"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=875"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=875"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=875"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}