Country likely to raise CPO Export Tax to 15% in December.

By bne IntelliNews November 23, 2010
Indonesia is likely to raise its export tax on crude palm oil to 15% in December from the present rate of 10% due to the recent rise in international palm oil prices. As reported by Dow Jones Commodities Service, the country has applied a progressive export tax for palm oil products, where taxes are adjusted every month based on international palm oil price movements.

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