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The new code eliminates corporate income tax, but imposes a 20% gross royalty on revenue, an increase on the 6% companies currently pay in the southern African nation.
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!["[It] would imperil [Lumwanas] ability to sustain returns to all stakeholders"](/w-images/2b743edd-8b0e-484e-a1bd-fe42ab4c9acb/2/BarrickLumwana-300x131.jpg)
