Companies on alert over decree modifying the Profit Tax | Empresas en alerta por decreto que modifica el Impuesto a Utilidades

By Unitel, El Diario: Provision creates uncertainty President Luis Arce approved Supreme Decree 5327, which, according to tax expert Jasmine Daza, “puts all Bolivian companies on red alert” due to a provision included in the regulation that allegedly modifies the Profit Tax (IU). The specific point Daza refers to is the second additional provision, which…

Are lithium contracts profitable? | ¿Son rentables los contratos del litio?

By Francesco Zaratti: The profitability of the contracts that “Yacimientos de Litio Bolivianos” (YLB) intends to sign with the Russian company Uranium and the Chinese consortium CBC is their real Achilles heel. The expenses of the project are determined by each company’s investments and operating costs, so that, to justify the profitability of these contracts,…