Salvadoran Businessmen Oppose Higher Taxes

Private business leaders spoke out against the creation of new taxes and increasing income tax.

Thursday, February 10, 2011

"The private sector struggles between uncertainty and anger, after a study by Eurasia ensures that the Salvadoran Government is expected to approve an increase to the ceiling of income tax, a new estate tribute and a security levy," reports.

At a press conference the National Association of Private Enterprise (ANEP), stated that before implementing new taxes the government could take action to reduce its spending and debt.

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