End of preview - This article contains approximately 723 words.
Subscribers: Log in now to read the full article
Not a Subscriber?
Choose from one of the following options
Back
Economy & Business - September-October 2012 (ISSN 1741-7430)
COLOMBIA: Tax reform aims to encourage labour market formalisation
The aims of a new tax reform introduced on 4 October: to reduce tax evasion and reallocate contributions to where they should be going and thus reduce asymmetries within the system. The reform is neutral in that it doesn’t aim to increase the tax take, but it does aim to make it fairer, so that those who earn more pay more and vice versa. “Taxation is the road to equity, in which those of us who can give will give, so that those in need can receive”, noted a local commentator.
- Cuba’s missing data: what does it mean?
- The PRD complicates prospects for labour reform ‘lite’
- The law of diminishing returns
- ARGENTINA: Government takes big gamble with 2013 budget
- CHILE: False start in national lithium tender process
- BOLIVIA: Mining unrest masks deeper complexities
- COLOMBIA: Tax reform aims to encourage labour market formalisation
- ECUADOR: Different calculations, one conclusion
- VENEZUELA: Giordani’s fantastical budget
- REMITTANCES
- FINANCE: Currency war front in the Andes
- MEDIA: Twitter to nest in Latin America
- SERVICES: Opportunities in Central America
- TRADE: More intergration crucial, says Eclac