I just still think it’s hilarious that he pointed to ONE minor aspect of RIGI, which was the potential for royalty increase from 3% to 5%, and then claimed
“It seems Milei isn’t so investment friendly after all”
While ignoring:
“Projects accepted into the RIGI program would pay 25% in income tax, instead of 35%, may pay value-added tax with tax credit certificates, and would be exempt from certain import duties and all export duties after three years, among other benefits.
Companies would not need to turn revenue from exports into the local currency after two years in operation, as currently required to replenish the Central Bank's dwindling reserves, and will be promised that their benefits under RIGI will be guaranteed for 30 years, regardless of changes in government.”
Ponder that, when he reminds us that “detail matters” lol.
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