“Regressive Reforms”: CAME Rejected IMF Tax Changes and Calls for a “New Fiscal Consensus”
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The International Monetary Fund (IMF) suggested to the Government to promote a comprehensive tax reform, which would broaden the base of the income tax, reform the mono-tribut regime and implement a “dual VAT” to replace Gross Income.The changes proposed by the technical staff were questioned by different sectors: from tax specialists to entrepreneurs.For example, the Argentine Confederation of the Median Enterprise (CAME) considered the reforms…
BAE Negocios
chacodiapordia.comThe Argentine Confederation of the Median Enterprise (CAME) rejected the tax reform recommendations that the International Monetary Fund (IMF) presented for Argentina and called for the urgent call for a new "tax consensus" between the Nation, provinces and municipalities.The entity argued that the measures suggested by the international agency, including the expansion of the base of the Income Tax, the extension of VAT to exempt goods and servi…
The Argentine Confederation of the Median Enterprise (CAME) rejected the tax reform of the International Monetary Fund (IMF), calling it “regressive”, and proposed a “new fiscal consensus”. When analyzing the tax reform requested from the government of Javier Milei by the international agency, it includes expanding the base of the Income Tax of the fourth category, extending the VAT to exempt goods and raising the ...
CAME questioned the IMF's proposals and warned that the tax reforms would negatively impact consumption, wages, and SMEs, while calling for a new fiscal consensus to reduce the burden of Gross Income Tax and municipal taxes on economic activity. On May 26, 2016, the International Monetary Fund published a series of tax reform recommendations for Argentina, proposing to broaden the income tax base for the fourth category—lowering the threshold at…
Noticias Argentinas | Agencia de noticias
Con La Gente NoticiasBuenos Aires, 31 May (NA) -- The Argentine Confederation of the Median Enterprise (CAME) rejected the tax reform of the International Monetary Fund (IMF), calling it “regressive” and proposed a “new fiscal consensus” between the different levels of government. When analyzing the tax reform requested from the government of Javier Milei by the international agency, which includes expanding the base of the Income Tax of the fourth category, extendi…
While Milei’s government reduces taxes on big capital, agro-exporters and concentrated sectors, the IMF is pushing for tax reform so that more workers will pay Profits and sustain the adjustment aimed at paying the debt. In the same week when 216 years of the May Revolution were celebrated, the IMF published a list of “suggestions” to advance a tax reform that, according to the agency, should broaden the collection base and eliminate taxes consi…
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