Colombia's Finance Minister Alberto Carrasquilla turned in his resignation Monday President Iván Duque withdrew the controversial tax reform which triggered massive demonstrations nationwide, which have so far left 19 people dead.Add your comment!
Argentina's Upper House Thursday passed by 66 votes in favour and one abstention the tax reforms proposed by the government of President Alberto Fernández, which would rid workers with a monthly gross income of 150,000 pesos (around 1,100 US dollars at the unofficial exchange rate) of paying the income tax.
Brazil is heading into a “fiscal abyss” and a serious crisis next year, following the decision to postpone parliamentary debate on a bill extending emergency aid spending, lower house speaker Rodrigo Maia said on Friday
Brazil's lower house speaker Rodrigo Maia said on Monday he is convinced Congress will approve tax reform and that it should be done this year to avoid the debate from being influenced by the 2022 presidential election.
The Brazilian government’s commitment to getting public finances in order and maintaining strict fiscal discipline will lead to the country’s sovereign credit rating being upgraded, Treasury Secretary Mansueto Almeida said on Thursday.
Widespread street protests in Colombia are likely to force embattled President Ivan Duque to make major changes to his tax reform proposal if he wants to pass the bill before a year-end deadline.
Prospects for the global economy are looking brighter, according to the International Monetary Fund (IMF), arguing that the recent pick-up has been pretty broad-based, particularly in Europe and Asia. Tax reforms in the United States are expected to stimulate economic activity, especially business investment.
President Donald Trump administration on Wednesday presented a sweeping plan to lower tax rates for individuals and businesses, saying it would create the biggest tax cut in United States history. However US markets slid at the close after the Trump administration outlined the tax cut plan and Democrats described it as a handout to the wealthy that would expand the deficit.
The ‘State is back’ in Latinamerica and will help establish social policies, diminish inequality and increase inclusion said the regional director of the UN Development Program, Herlado Muñoz during a seminar in Mexico City on “Youth participation and democratic governance in Latin America and the Caribbean”.