The Finnish Ministry of Finance has launched a public consultation on a proposed mining tax on minerals extracted in Finland. The tax would be a simple and formulaic payment in the nature of a royalty. The taxable value for metals would be based on the annual average of the world market price of each metal ore, while other mined minerals would be taxed based on the amount. The proposed tax rates are 0.6% on the taxable value of the metal contained in ore and 0.2% per ton for mined minerals other than metals. All minerals mined in Finland, as referred...