Peru - Business millionaire and exonerated from taxes

The big mining companies that operate in Peru have multiplied his profit and nevertheless they keep on benefiting from the exoneration of the payment of privileges and from the tax to the revenue, if they re-invest his utilities.

A privilege which continuity experts criticize.

An example of the losses that represents for the Peruvian treasury the contract of tributary stability signed by 11 mining projects is that of the company Antamina that will stop paying this year to the treasury 270 million dollars.