RE: Ore & Concentrate (+RISK/REWARD)einreb
Actually my observations were meant to be rhetorical, but thanks for your comments.
There is no doubt that some mechanism for estimating the mineral content of mine run ore could be put in place.
The problems remain that the only entity who will know what is contained in the ore is the smelter operator.
If this happens to be a Chinese entity somewhere in Inner Mongolia, both IVN and the M government are going to be blind as to what the relative mineral content is and what taxes are due.
If the ore is FOB at the mine mouth, which would be the probable case since I can't envision IVN hiring a Chinese processor, the amount of tax based on two different tax regimes would be at best a gross estimate.
If the intent of the M govt is to incentivize metal processing, seems to me that the obvious law would be one that says only smelted minerals can be exported.
Although I understand your comments about how they might calculate taxes on ore, it would be next to impossible to arrive at a realistic tax calculation given the goofy terms of the WF Tax measure.