- Gabriel Oddone is moving forward with plans to implement personalized VAT
- The future Minister of Economy and Finance is considering partial or total limits on products by time or dates
- Cabildo Abierto supports the personalized VAT initiative
- Fernando Pereira states that personalized VAT will not be imposed but discussed
- The Broad Front is exploring the possibility of implementing personalized VAT in the next government
- Gabriel Oddone has been holding meetings to develop a plan for personalized VAT implementation
- The aim is to modify the tax burden on consumption to increase purchasing power for lower-income sectors
- Alejandro Sanchez explained the Broad Front’s approach to applying personalized VAT
- The increase in consumption has led to a sustained improvement in VAT collection
- Gustavo Vinales mentioned the possibility of setting limits on the amount of VAT per product or by date
- The maximum amount per product type is a political decision and relates to more complex economic policy issues
- Discussions include the balance of benefits and losses across different products
- There is a perception in Uruguay of being predominantly middle class, though income levels vary significantly
- There is also a proposal to increase the fiscal load on the agro-export sector, sparking debate on potential tax system improvements
Source: ambito.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
