icon

rent - Latest news GMK Center

Photo – ArcelorMittal Kryvyi Rih claims tax pressure through repeated inspections
ArcelorMittal Kryvyi Rih claims tax pressure through repeated inspections

The company disputes tax claims for UAH 1.35 billion and demands a transparent approach to business

Photo – The Cabinet of Ministers expects UAH 5.41 billion in rent payments for iron ore mining in 2023
The Cabinet of Ministers expects UAH 5.41 billion in rent payments for iron ore mining in 2023

Despite the problems with export logistics and the closed mining and proccesing plants, the government has budgeted large rents from iron ore mining in the next year

Photo – What an investor really cares about is predictability of tax policy rather than rental rate
What an investor really cares about is predictability of tax policy rather than rental rate

To facilitate investments in the mining & metals sector, tax policy should enable cost planning with a time horizon of 8–10 years at least

Photo – There is no need to gear rent payments in Kryvyi Rih to prices in China
There is no need to gear rent payments in Kryvyi Rih to prices in China

The use of indicative prices for taxation is not a fair and economically sound approach