Revenue tax seen as threat to Mexico’s mining industry
Aug 06, 2013 | 10:08 AM
| Rodrigo Alonso
MEXICO CITY Mexicos plan to raise resource taxes could threaten future investment in its multibillion-dollar mining sector, an industry lobby group said.
The government proposes a 5-percent royalty on mining revenue to boost income from resource extraction. But miners warn that the tax, the first of its kind in Mexico, might deter investments.....
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