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Mexico's senator Napoleon Gomez proposes higher mining taxes

Mexico senator Napoleon Gomez has proposed raising mining taxes to similar levels as in Peru, Bolivia or Chile, where they are 20-30%, compared with 7.5% in Mexico.

Speaking during a senate debate on the Federal Law of Rights and the 2020 Income Law senator Gomez said he would present such an initiative. "Why don't we increase mining taxes, for mining exploitation...

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