Wednesday, April 13, 2011

California Recorder Of Deed

Tax Reform Chiapas

• Leading figures of the country recognize that tax reform pushed through the bill of solidarity tax is not suitable for the country.

A report published by the newspaper the Republic of Costa Rica, said that businessmen from various sectors of society, believe that the proposed tax reform would take away tax competitiveness for each industry, as they say, the charge specified in value added the project would be moved to the final consumer through price increases in a variety of services, education and private medicine.

And although it has expressed a rejection of the deputies of the Legislative Assembly, by some sectors of Costa Rican society, project leaders, as Guillermo Zuñiga Congressman Fernando Herrero liberationist and Finance Minister consider that this is not a tax package, but a fund that seeks to reform, making it more progressive tax system.

The report summarizes important views to consider:

"The application of 14% on account of VAT would be shifted to consumers, who perceive that the country is more expensive compared to other competing destinations, which, in itself, is something that is spoken in the world of tourism, "said Juan Carlos Ramos, President National Chamber of Tourism.

Randall Murillo, Director of the Costa Rican Chamber of Construction, notes that despite acknowledging that the country needs more revenue, this tax would mean an increase of 12% in the cost of housing, something which he said represents a marked decline in access to housing for middle class.

"Those who would be affected with 14% tax on health services, which are essential for the welfare of the population are people who may not have many economic resources," said Massimo Manzi, the council for the promotion Medicine International Costa Rica. While

, Alban Bonilla, Executive Director Unit Private University Rectors, says that tax contradicts the national development plan and Laura Chinchilla. "In real terms, the careers that the Government wants to promote the health, engineering and technologies are those that will be more expensive," said Bonilla.


Source: Periódico La República, April 11, 2011.

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