[an error occurred while processing this directive] [an error occurred while processing this directive]

Friday, July 4

Strike two against tax package to pay teachers

Peru's Congress Budget Committee Rejects Phone Tax Proposal: "It was the second time in less than a month that Congress turned down the phone tax proposal to help cover a teachers' salary increase approved in May to end a strike and to cover other unforeseen expenses. The government will raise the remaining $162 million mainly through approved increases in fuel, beer and cigarette taxes." Bloomberg.com There are only so many ways to tap into the legitimate economy in Peru. So much of the economy is "cash and carry," that you have to tax transactions that are above board.

<< Home

This page is powered by Blogger. Isn't yours?