Jul 01, 2015 Gerry Li Economy, Latest News 0
The System of Taxes Administration (SAT), stop collecting between 250 and 300 million pesos this last year, this due to an incorrect application to the Added Value Taxes (IVA) on prepared food, mainly on convenience stores.
The addiotional burden will not be claimed retrospectively, as it hasn´t been payed in the last 15 years.
The tax authority, Aristoteles Núñez, explained that it is not quantified how many establishments haven´t applied correctly the tax.
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