2005News

Business sector rejects tax proposals

Although the business sector still does not have a fixed position regarding the tax reform due to be discussed on Wednesday afternoon during a meeting of the Technical Commission, they do agree on rejecting the suggestion of increasing Income Tax (ISR) from 25% to 30%. A source has informed Diario Libre that they would bring this issue to the discussion on Wednesday, as well as their rejection of the 4% tax on imports to be deducted from the ISR.