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Wednesday, November 16, 2011

Philippine Chamber Proposes Direct Payment Of Taxes

The term ‘small-scale mining’ is actually a misnomer because the production from many operators is not really ‘small’. Many small-scale miners use huge – often smuggled – quantities of mercury and cyanide, which are highly regulated toxic substances, for gold extraction. They do not have appropriate treatment facilities for mine wastes and tailings. The deplorable situation in small-scale mining communities all over the country is being perpetrated by unscrupulous financiers, corrupt officials and operators who are able to get away without paying excise and income taxes to the government....................
http://www.malaya.com.ph/nov17/busi10.html

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