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Biobío Fairers and Municipalities Value Extension of Time to Formalize Activities in the IBS
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The Internal Revenue Service (IRS) officially announced that the original deadline of 30 June for municipalities to require free trade fair traders to start business was postponed until 31 December of this year. According to the platform of the tax authority, the measure seeks to facilitate the incorporation of workers into the Special Taxation Scheme, which allows them to benefit from a substitute tax of 1.5% on the total amount of each sale, i…
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