NewsWhore
09-16-2009, 05:40 PM
The National Business Council (Conep) has published a paid full-page ad in leading newspapers rejecting the proposal that city governments should be allowed to create taxes.
Conep is concerned about Article 1987 of the proposed new Constitution: "City governments may establish tariffs in their territory authorized by law."
Conep interprets it to mean that this authorizes city governments to create taxes without limitations, which would result in double taxation. The leading business organization favors maintaining the status quo.
The Constitution at present establishes: "City governments can, with the approvals that the law requires, establish tariffs if these do not clash with national taxes, and with inter-municipal or export trade, or with the Constitution and the laws."
Conep warns that if passed as approved in the first reading by the Constitutional Revisory Assembly, it would lead to great economic and institutional conflicts. The organization argues that this would affect the juridical security and would discourage investments due to the lack of clear tax rules and a coherent taxation system.
More... (http://www.dr1.com/index.html#5)
Conep is concerned about Article 1987 of the proposed new Constitution: "City governments may establish tariffs in their territory authorized by law."
Conep interprets it to mean that this authorizes city governments to create taxes without limitations, which would result in double taxation. The leading business organization favors maintaining the status quo.
The Constitution at present establishes: "City governments can, with the approvals that the law requires, establish tariffs if these do not clash with national taxes, and with inter-municipal or export trade, or with the Constitution and the laws."
Conep warns that if passed as approved in the first reading by the Constitutional Revisory Assembly, it would lead to great economic and institutional conflicts. The organization argues that this would affect the juridical security and would discourage investments due to the lack of clear tax rules and a coherent taxation system.
More... (http://www.dr1.com/index.html#5)