DYOR and consider more detail.
RIGI:
“The mining minister of San Juan province, Juan Pablo Perea, on the other hand, supports the increase as it would favor provincial governments that have autonomy to manage mining in their territories. "The 5% royalty increase is not mandatory, it is optional for the province," Perea told local media, adding that Rigi would help generate jobs and create productive chains for local suppliers.”
“Rigi establishes an income tax rate of 25%, compared to the current 35%, and will allow accelerated depreciation of assets, infrastructure, mines, among others, as an incentive.
"Instead of making the income tax deduction for the wear and tear of machinery in 10 years, it can be done in two years," public accountant Juan Pablo Futten wrote in a column.
The regime also reduces the rate on dividend payments from 7% to 3.5% after seven years and enables the possibility of paying VAT with tax credit certificates. In addition, it eliminates duties for both the import of goods and inputs and for exports in the first three years after a project is admitted, as well as other exchange rate benefits.”
https://www.bnamericas.com/en/featu...ed-investment-regime-trigger-a-mining-rebound
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