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Free AccessFinance Minister Marcel Discusses Tax Reform in Congress
- Finance Minister Mario Marcel speaks before lower house of congress in the first of two sessions dedicated to tax reform proposals.
- As a reminder, the government announced measures including tax incentives for private investment, improved access to financing, better public investment, promoting foreign direct investment and making regulations more efficient, according to a Finance Ministry statement.
- One of the key proposals is to suspend part of copper royalties on new projects for five years.
- Chilean political parties, excluding the far-right Partido Republicano, agreed on five points regarding the drafting of a new constitution, newspaper La Tercera reports citing lower house President Raul Soto.
- The five points are as follows:
- A totally new constitution will be written.
- Constitution will be written by an elected body.
- The elected body will have gender parity.
- The institution will be accompanied by a panel of experts.
- The final text will be put to a nationwide referendum with obligatory voting.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.