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I think it is a good idea, makes it easier for local based people to compete. I agree that the mutinationals have been avoiding tax throughout the world with clever avoidance schemes but a concerted effort between countries is at last, trying to force these cheats to pay their fair share of...

I read somewhere that the expected tax income from iron ore exports was calculated on US$48 a ton, given that the current spot price is now up to US$63 we should see an improvement in the deficit if the price averages better than $48 over the next year or two. Better than using $100 and...