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Finance Minister Says Tax Reform With Amendments Would Collect 3.6% of GDP

  • Comment comes as finance minister Mario Marcel continues his talks/presentation with congress over tax reform proposals. This estimated figure compares to the original government proposal that aimed to collect 4.1% of GDP, Finance Minister Mario Marcel says in presentation to lower house finance committee.
    • Expects to compensate for lower income from tax reform with an increase in income generated by government’s new investment incentives, as well as lower interest payments. (BBG)

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