Tag: tax

CHILE: MINING ROYALTY TAX.

  • chile
  • LATAM
  • mineração
  • mining
  • tax
  • TaxRegulations
  • taxupdate

Today’s Chilean Official Gazette unveiled Law No. 21,591, ushering in a transformative “Mining Royalty” tax applicable to Individual and Corporate Miners from January 1st, 2024. Here are the key highlights: 1. Annual Accrual and Reporting: 2. Ad-Valorem Component: 3. Mining Margin Component: 4. General Mining Royalty Rates: 5. Determination Factors: 6. Monthly Provisional Payments: 7. … Continued

COLOMBIA: TAX TREATMENT ON DIVIDENDS AND PARTICIPATION DISTRIBUTIONS

  • COLOMBIA
  • colombia
  • LATAM
  • tax
  • tax
  • TaxCompliance
  • TaxRegulations
  • taxupdate

On July 11th, the official publication of Decree No. 1103 brought significant amendments to Decree No. 1625 – Single Tax Regulations. These changes impact the tax treatment of dividends and participations distributions for resident and foreign individuals, entities, and undivided estates starting from January 1st, 2023. Key Aspects: