Tax Hikes on Export Sectors Will Likely Undermine the Real Exchange Rate
Summary by Vísir
1 Articles
1 Articles
The government's plans to increase taxation on the country's main export sectors, especially the fishing industry, are unlikely to yield the expected revenue as activity and competitiveness will decline at the same time, according to a stock analyst and economist, who is surprised by the lack of public debate about the state of our most important industries. Contrary to the stated purpose, tax increases on export industries are most likely to re…
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