Higher Income Tax Would Affect Investments In Mutual Funds And AFPs

view original post

As part of the delegated powers requested by the Executive to Congress to legislate on tax matters, the Ministry of Economy intends to raise capital income rates. And he even said that if the rate were raised to around 30% it would be confiscatory, as the Constitutional Court has previously ruled. However, the Minister of Economy, Pedro Francke, mentioned that the…

This article is available to INNsider Pro subscribers only. Sign in or register to be an INNsider Pro and access all locked articles.