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Mayor of Valencia Partially Exonerated Taxes on SMEs Due to Electrical Crisis
Summary by El Carabobeño
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The Mayor of Valencia officially granted a partial exemption of 30% in the advance payment of the tax on economic activities for small and medium-sized enterprises (SMEs). This is a measure that seeks to alleviate the fiscal burden of the productive sector. But this happens in the midst of the electricity crisis and the sustained increase of the energy demand that affects the municipality. The decision was established by a decree published in Ga…
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