Currently viewing Global edition

Colombia offers miners tax reprieve

Colombia’s president Juan Manuel Santos has issued a decree that allows mining companies to offset tax liabilities through investment in local infrastructure projects.

Colombia offers miners tax reprieve Colombia offers miners tax reprieve Colombia offers miners tax reprieve Colombia offers miners tax reprieve Colombia offers miners tax reprieve

The tax change will benefit companies such as Red Eagle Mining which recently built a gold mine in San Ramon

Decree 883 was issued on the last weekend of special powers the president had to implement the peace agreement with the FARC guerilla, previously signed at the end of 2016.