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Tax reform: to be filed after Easter week

At the request of the congressmen, the Ministry of Finance made this decision. It seeks to raise 25 billion pesos.

The Ministry of Finance informed that at the request of the congressmen, the tax reform, which will be presented under the name of Sustainable Solidarity Law, will be filed in the Congress of the Republic after Easter Week.

With this reform, the Government expects to collect approximately 25 trillion pesos, which will be invested in social programs such as the Solidarity Income, which would become permanent, in Generation E and the VAT refund to 4.7 million households living in poverty.

Among the proposals are to eliminate the VAT exemption category, broaden the taxable income tax base, establish as permanent the wealth tax, increase the dividend tax rate from 10% to 15%, among others.

It would also include measures such as taxing pensions of more than 7 million pesos, as recommended by the Commission of Experts on Tax Benefits.

Source: Actualícese

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