Chile's lower house approves controversial tax on copper, lithium sales

By IM Staff
Published: Friday, 07 May 2021

Chile’s lower house has voted to approve a controversial mining royalty bill that could see sales of copper taxed at a rate of more than 32%.

By Andrea Hotter

The bill will now go to the Senate, likely after upcoming elections to choose members of a commission to write the country’s new Constitutional convention, as well as the country’s municipality and regional governor elections - both this month.

Under the proposed bill, the tax on...

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