Minister of Finance Rocío Aguilar said they are going to have to reduce the number of employees, as one of the alternatives contemplated by the Executive Power after the legislator eliminated the basic basket and private education from the 2% of the value added tax ( VAT). What we can’t achieve with this project, we […]
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PLN agrees to convince legislator to support tax on basic basket
The National Liberation Party (PLN) made a committed to the government to convince legislator Gustavo Viales to support the 2% tax on Added Value (VAT) on the basic basket, within the framework of the fiscal project discussion in the legislative committee created for this issue. This was the agreement reached on Thursday afternoon by the […]
President says exonerating basic basket and private education is a mistake
President Carlos Alvarado said that the decision by legislators to exonerating the basic basket and private education from taxes is a mistake. According to the president, “eroding” the tax package that his government defends could have repercussions in the future, after its approval, because the government will have to ask the Legislative Assembly for a […]
Second blow to the government: Legislators exonerate private education from taxes
With five votes in favor and four against, the legislators of the Special Commission of Fiscal Reform decided to exonerate private education from paying taxes, opposing the government’s proposal on the matter. The motion was presented by Congressman José María Villalta, who in addition to his vote, had the support of Eduardo Cruickshank and Melvin […]
Interests represent two thirds of the fiscal deficit
The payment of interest on debt service (both internal and external) represents 66% of the fiscal deficit, informed the Ministry of Finance, based on the fiscal figures cut to July. The longer the adjustment is delayed, the more resources we will have to devote to interest payments. This factor, coupled with the high rigidity of […]
National Restoration still does not committed to tax reform
Despite the approval of a motion that exempts the basic basket from taxes, National Restoration continues with a series of conditions to give its 14 votes to the tax reform when it reaches the Legislative Plenary. Carlos Avendaño, head of the fraction, said that now they will focus on avoiding taxes for health and private […]