More than 14 mineral commodities could be taxed
Finance Minister Agus Martowardojo says that the government wants to expand the scope of the planned export tax on mineral ore commodities.
“Initially, the scope is for 14 mineral ore commodities but we want to expand it,” Agus told reporters on Friday.
Agus, however, refused to reveal the new mineral ore commodities that would be taxed and cited that the issue was confidential and could only be disclosed after the regulation was issued.
Agus added that the scope expansion idea was also the main reason for the government to delay the issuance of the mineral ore export tax regulation, which was originally planned to be issued this week.
“The regulation will be issued next week,” he said.
The 14 mineral commodities, which were initially planned to be taxed under the regulation, are bauxite, chromium, copper, gold, iron ore, iron sand, lead, manganese, molybdenum, nickel, platinum, silver and tin.
Agus previously said that implementation of the tax could add up to $2 billion to the state’s coffers.