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Октябрь
2024

No relief for miners: SC denies pleas to review mineral royalty judgment

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The Supreme Court dismissed petitions to review a ruling that ‘royalty’ paid by mining operators is not a tax. This decision, upheld by an 8-to-1 majority, allows states to collect royalty and tax dues on mineral rights since April 1, 2005. It involves huge financial implications for public and private sector mining firms.