NewsWhore
05-10-2012, 04:10 PM
The president of the National Business Council (CONEP), Manuel Diez Cabral says that they will not back any tax reform that has the exclusive purpose of increasing funds as established in the technical note from the International Monetary Fund (IMF) on "Tax Measures for Fiscal Adjustment."
Diez Cabral described the proposed measures contained in the document as worrisome and said that their focus would threaten the productive sectors and do not constitute the basis of a proposal for an integrated tax reform in the sense that it is called for by the business sector.
He told Diario Libre that the measures suggested in the document only seek to identify new taxes without taking on the reduction, efficiency and quality of public expenditures as well as the fairness and efficiency of the tax collections.
CONEP recalled that in the Fourth Business Convention held in November 2011, the sector laid out the general guidelines of what should be an integrated tax reform that should have the objective the drafting of a new tax system, which covers income (taxes) as well as spending (public expenditure), and is aimed at stimulating production.
More... (http://www.dr1.com/index.html#4)
Diez Cabral described the proposed measures contained in the document as worrisome and said that their focus would threaten the productive sectors and do not constitute the basis of a proposal for an integrated tax reform in the sense that it is called for by the business sector.
He told Diario Libre that the measures suggested in the document only seek to identify new taxes without taking on the reduction, efficiency and quality of public expenditures as well as the fairness and efficiency of the tax collections.
CONEP recalled that in the Fourth Business Convention held in November 2011, the sector laid out the general guidelines of what should be an integrated tax reform that should have the objective the drafting of a new tax system, which covers income (taxes) as well as spending (public expenditure), and is aimed at stimulating production.
More... (http://www.dr1.com/index.html#4)