(Reuters) - The proposal Calderon unveiled in June would raise Mexico's
paltry tax take by about 3 percent of gross domestic product,
largely through a minimum income tax on companies.
Economists have long warned Mexico is heading for financial
disaster unless it increases tax revenues to offset a forecast
drop in crude oil output, which currently funds about one third
of the federal budget.
Read more at Reuters.com Bonds News
paltry tax take by about 3 percent of gross domestic product,
largely through a minimum income tax on companies.
Economists have long warned Mexico is heading for financial
disaster unless it increases tax revenues to offset a forecast
drop in crude oil output, which currently funds about one third
of the federal budget.
Read more at Reuters.com Bonds News
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