In a new advance towards the regulations of digital currencies, the Spanish Treasury has launched the proposal for a tax reform that would allow cryptocurrencies to be seized in the execution processes of taxpayers' debts.
It is a proposal that the European Union made in 2021 and whose application…
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tax reform
Chilean government presented the tax reform project
The president of Chile, Gabriel Boric, announced a bill to carry out a tax reform in the country, which aims to advance tax justice, prevent abuses and achieve growth in social justice for Chileans.
Boric explained that the tax reform is…
IDB grants loan to Peru for its tax reform
The Inter-American Development Bank (IDB) granted a loan of 500 million dollars to Peru to strengthen the sustainability of fiscal management and support the recovery of the Andean country.
The loan, which has a repayment term of 20 years…
G7 reaches an agreement to reform the tax system
British Finance Minister Rishi Sunak announced that the world's most developed economies, meeting at the G7 in London, reached a historic agreement on the reform of the global tax system.
Thus, the G7 ministers, made up of the United…
Central Bank of Colombia maintains interest rates
The board of directors of the Banco de la República de Colombia decided by a majority of six votes to one to maintain interest rates at 1.75 %, as reported in a statement by the entity after its monetary policy meeting.
Among other…
Tax reform would seek to overcome economic difficulties in Venezuela
As part of the restructuring of monetary policies, Nicolás Maduro and the National Constituent Assembly are promoting a tax reform that will charge a tax between 5% and 25% on transactions in foreign currencies and crypto assets, thus being…
The Chamber advances in the approval of the tax reform
The Colombian House of Representatives cited extra sessions until December 20 to discuss the tax reform that, after a first block of 81 articles, only the chapters that had no objection had been given consent and subsequently approved by 5…
Ecuador to receive disbursement of USD 500 million from the IMF
Ecuador shows a deficit of USD 3.6 billion in 2019 and a similar figure is expected in the draft budget for 2020. In addition, the authorities have failed to comply with the tax reform agreed by the International Monetary Fund.
However,…