KGHM paid PLN 334.1mln mineral tax in June
13:36
Copper mining giant KGHM paid PLN 334.13 mln tax on copper and silver extraction in June, as Finance Ministry data indicated.
In H1, Poland collected PLN 885.31 mln from the mineral tax. The ministry said that it targets PLN 1.45 bln in 2015 revenues from the tax.
Meanwhile, Finance Minister Mateusz Szczurek announced that he is not in favor of abolishing the tax, but may consider some alternations.
"In 2014, we conducted a review of the copper tax and the conclusion was that this tax is needed," Szczurek said. "One can, however, discuss its modification, for instance introducing an incentive for copper exploration."
The declaration came after the opposition Law and Justice party said that it will present a bill exempting payers of the copper and silver mining tax from the burden.
