"Capital passive income, is, for example, dividends, mutual funds and bank deposits, among other things, which currently have different rates. The initiative proposes a single rate of tax for them. "

According to the president of the National Council of Cooperatives, Jesus Villalobos, the idea has not been proposed properly. The "... issue is to wait for them to call us and we make the formal proposal, because I feel that what is happening is that this is a smoke screen," he added.

The fiscal consolidation document arose from queries by various people, however, among them were not included solidarity associations or co-operatives.

Source: Nacion.com

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