Every change, at first, causes fear, doubt and uncertainty. These sensations have all been experienced by merchants ever since the government announced that they would change the current taxation system to establish the Value Added Tax (better known by its Spanish acronyms "IVA"), a system that exists in more than 160 countries in the world.
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IVA's Impact on Business
Businesses are concerned about an increase in prices and a drop in sales. Hacienda explains in detail how credits will be given and discusses the "B to B" impact.
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Esta historia fue publicada hace más de 10 años.