Timetric’s Chilean fiscal regime report outlines the governing bodies, governing laws, licenses, rights and obligations and tax-related information on eight commodities: copper, gold, silver, uranium, zinc, coal, iron ore and lead.
Timetric's fiscal regime report covers Chile where the Ministry of Mining and Ministry of Environment is the main authority that governs the mining industry. The Mining Code and the Organic Constitutional Law on Mining Concessions are responsible for granting mining concessions for either exploration or exploitation.Scope
The report outlines governing bodies, governing laws, licenses, rights, obligations and key fiscal terms which includes business profit tax, mining activity tax on operational mining income, municipal duty (commercial license), real estate tax, capital gains tax, stamp duty tax, depreciation withholding tax and value added tax (VAT)Reasons To Buy
Gain an overview of Chile’s mining fiscal regime.
The Ministry of Mining ensures the formulation of, and compliance with, mining policy, incorporating sustainability and technological innovation, to maximize the Chile’s economic, environmental and social development.
The Ministry of Energy operates in collaboration with the president, and covers the governance and management of the energy sector.
The Chilean Copper Commission (Cochilco) helps the government on matters related to the production of copper and copper by-products.