author

Author: Don Obrien

Peru Will Not Create A New Mining Tax, Finance Minister Says


Peru will not create a new mining tax but would seek a tax increase on higher mining operating profits, Finance Minister Pedro Francke said at a press conference.

  • Francke said he expects a reduction in tax benefits for the wealthiest and for them to pay a higher tax
  • Peruvians with an income above 300,000 soles a year will pay more tax, he said
  • Francke expects to increase tax revenue by 1.5% of GDP
  • Francke expects to impose taxes on yachts
  • Peru created a court for tax crimes: Francke
  • NOTE: Peru Govt Asks Congress for Special Powers to Legislate on Taxes …



Source link

Share:

Share on facebook
Facebook
Share on twitter
Twitter
Share on pinterest
Pinterest
Oliver Bolt

Oliver Bolt

On Key

Related Posts