This morning the president, Luis Lacalle Pou, met legislators from the government coalition at the residence of Suárez and Reyes. In that instance, the Minister of Economy and Finance, Azucena Arbeleche and members of the economic team, They made a presentation, and handled practical examples of how these “tax relief measures” will translate into the pocket of taxpayers.
examples
personal income tax
According to the data handled by the government, the measures will reach some 327 thousand people, 75% of personal income taxpayers. Among them, 207,400 people will see “significant benefit” (47% of total taxpayers), according to the presentation to which he agreed The Observer.
In addition, 63,000 people who receive less than $60,500 liquid monthly will cease to be taxpayers. The tax waiver will be US$ 80 million per year.
IASS
According to the government, all IASS taxpayers benefit (some 179,000 people). There will be 20,000 liabilities that stop paying IASS, which are the ones that receive liabilities between $45,280 and $50,940 per month. The tax waiver will be US$ 30 million per year.
examples
