Peruvian presidential front-runner to review windfall profits tax

Peruvian presidential front-runner Alejandro Toledo said on Wednesday if elected he would talk with extractive industries about possibly introducing a tax on windfall profits as commodities prices surge.

Toledo, who in his first term from 2001 to 2006 helped lure billions in foreign investment to Peru, said voters need to see concrete benefits from mining, oil and gas activity.

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