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Finance Ministry Propose Suspending Some Copper Royalties

CHILE
  • Chile To Halt Part Of Royalty On New Copper Projects For 5 Years (BBG)
  • Chile To Start $500m Tax Incentive For Some Investment Projects (BBG)
  • Chile To Raise State Investment By 10% Next Year (BBG)
  • Chile government measures include tax incentives for private investment, improved access to financing, better public investment, promoting foreign direct investment and making regulations more efficient, according to Finance Ministry statement.
    • Speaking to reporters at unveiling of measures, Finance Minister Mario Marcel said incentives will boost total investment by at least 5 percentage points next year and that aspects related to taxes will be incorporated into amendments to tax reform. (BBG)

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