PT Freeport Indonesia, the Indonesian unit of US-owned mining firm Freeport McMoran,says it has paid the government up to 899 million US dollars in financial obligations in the first semester of the year.
According to the Jakarta Post, the payment is made up of 581 million in corporate income tax; 137 million in employee income tax, regional dues and other taxes, 105 million in royalties, and 75 million in the government's share of dividend.
For the full year of 2009 Freeport says it paid its financial obligations to the Government to the sum of 1.4 billion US dollars, comprising of one billion in corporate income tax, employee income tax, regional taxes and other taxes and levies, 128 million in royalties, and 213 million in dividends.
Freeport Indonesia operates the Grasberg copper and gold mine in Papua Province, which accounts for nearly 40 percent of the company's total copper reserves.
