Study Estimates Air Tickets 16% More Expensive with Tax Reform
5 Articles
5 Articles
A study by the Latin American and Caribbean Air Transport Association (Alta) estimates that the application to the sector of the standard aliquot estimated at 26.5% of the new Tax on Goods and Services (IBS), which starts to apply next year, would raise the cost of air tickets by 16.1%. Exclusive material for subscribers. To have full access, access the link of the subject and register.
A study by the Latin American and Caribbean Association of Air Transport (ALTA), released on Saturday (5), projects that the entry into force of the tax reform should cost domestic air tickets by 16.1% and international air tickets by 13.3%. The calculation considers the application of the standard rate estimated at 26.5% for the air sector.
A study says that increasing taxes can reduce demand and slow down the expansion of the air mesh. Read on Power360.
Lifting Latin American association evaluates that the price of tickets has the potential to reduce domestic demand by 21.1%
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