As Chile’s mining industry makes a final appeal to the government to temper proposed tax increases, attention is shifting to testimony from the nation’s former internal revenue chief.
Michel Jorratt, now a tax consultant, will give evidence Wednesday to the Senate’s Mining and Energy Committee, where producers are looking to him to clarify confusion over the numbers.
Deliberations on how high taxes should go is complicated by disagreement on where they are now. The government cites a 2021 estimate by Jorratt that the effective rate under the already fairly complicated current system is about 33%. The industry says the ...