‘Mineral Royalty Tax major shift will affect revenue collection’
Published On November 8, 2021 » 510 Views» By Times Reporter » Business, Stories
 0 stars
Register to vote!

A HUNDRED per cent shift to Mineral Royalty Tax (MRT) deductibility will significantly reduce the mining sector’s contribution to the economy, Association of Mine Suppliers and Contractors (AMSC) has said.
AMSC president Augustine Mubanga said in an interview in Kitwe that a major shift would affect revenue collection from the mines especially that out of 15 large scale mines in the country, only two mines had been declaring profits.

Read more

Share this post

About The Author