- Economists oppose the opposition’s stance on VAT for online foreign purchases.
- Analysts criticize the influence of lobbies and special interests against implementing taxes on ecommerce platforms.
- The opposition claims VAT on online platforms will harm investment and consumption.
- The government aims to address inequity with VAT on foreign online purchases.
- The National Party (PN) rejected the government’s VAT proposal and introduced a bill to limit foreign purchases.
- PN deputy Pedro Jidonian reacted to the Finance Minister’s announcement on potential VAT implementation.
- Local merchants are concerned about the economic impact of foreign ecommerce platforms.
- The proposed bill seeks to limit tax-free foreign purchases to one per year.
- Economists criticize the PN’s proposal as counterproductive and influenced by lobbies.
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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