- Gabriel Oddone, the future MEF leader for the Frente Amplio, is considering a personalized VAT.
- The personalized VAT would be based on individual and business ability to pay.
- Technology would be used to track transactions and monitor compliance.
- The personalized VAT aims to reduce the burden on low-income individuals and businesses while increasing the burden on high-income individuals and businesses.
- Implementing a personalized VAT would require significant changes to the tax system, including new technologies and training for tax officials.
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.
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