Uruguay’s government has enough information to adopt a value-added tax tailored to each person instead of applying the tax to goods, incoming finance minister Gabriel Oddone told radio Azul.
- “We have been working for three months with help from the IDB on how to implement this,” said Oddone, who referred to the Inter-American Development Bank by its acronym
- A tailored VAT would have a neutral impact on the general population: Oddone
- NOTE: Current VAT rate on most goods and services stands at 22%
- Fiscal deficit will leave the new government with limited room to maneuver: Oddone
- NOTE: President-elect Yamandu Orsi ...
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