Key Points — Bolivia’s Senate approved the elimination of the ITF — a 0.3% tax on all dollar transactions in the banking system — in a bipartisan vote aimed at drawing foreign currency back into formal financial channels — The tax, in place since 2006, was charged on both deposits and withdrawals in dollars, effectively […]
The post Bolivia Eliminates Financial Transaction Tax on Dollars in Bid to End Foreign Currency Crisis appeared first on The Rio Times.
Petro Plans Fifth Tax Reform as Colombias Deficit Stays Above 6% of GDP
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