BULLETIN
Gold miners agree to pay up to $100mn in taxes to Nevada
Nevada legislators say the state’s mining industry has agreed to pay up to $100 million in taxes and fees to the state.
Author: Dorothy Kosich
Posted: Thursday , 25 Feb 2010
RENO, NV -
Nevada gold miners have reportedly agreed to make a deal with the Nevada Legislature to pay from $75 million to $100 million to the state.
Assembly Majority Leader John Oceguera, D-Las Vegas, told the news media that the deal would involve mainly fees with a little from pre-payment of net proceeds of mines taxes.
State Budget Director Andrew Clinger told the Las Vegas Review Journal that if miners agree to poay $60 million in additional taxes, Gov. Jim Gibbons would withdraw his proposal to change and cap state mining tax deductions.
Gold miners agree to pay up to $100mn in taxes to Nevada
Comments on this entry are closed.