KEM delays paying Rp 100 billion tax

Saturday, May 11 2002 - 04:16 AM WIB

East Kalimantan-based gold miner PT Kelian Equatorial Mining (KEM) has delayed paying taxes of Rp 100 billion (US$ = Rp9,280) in tax to the West Kutai regency government over the past couple of years, local daily Kaltim Post reported on Saturday.

They include the tax on the underground water used by KEM and the building permit tax.

KEM promised to local government officials recently they would pay the taxes, according to regency council member FX Yapan.

KEM, an affiliate of Anglo-Australia?s mining giant Rio Tinto, operates gold mines in West Kutai.

It will end its mining operation in West Kutai in 2004 due to gold reserve depletion. (*)

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