2014News

Constitutional Court upholds tax exemptions for border companies

The Constitutional Court has reaffirmed the validity of Decree 36-02 that authorizes tax exemptions for companies that are located in border provinces. The high court says that the tax exemptions that were authorized in Decree 10 January 2002 are in line with the Constitution and do not violate freedom of doing business, as reported in Diario Libre. The ruling, TC/0267/13, says that the tax incentives are aimed at stimulating the economy of the border provinces.

www.diariolibre.com/economia/2014/01/04/i424691_tribunal-constitucional-avala-legalidad-las-exenciones-frontera.html