Finally, President Luis Lacalle Pou introduced the tax reform involving the primary internet tax lower since 2008.
Since then, the successive tax adjustments authorised have been restricted to both changing taxes with others or rising charges and broadening tax bases.
This time, Uruguay is embarking on a special path.
The Government forecasts that the lower in revenues defined by the reforms (and even contemplating Laffer results) will quantity to $110 million (US$2.81 million).
Still, some non-public estimates recommend that the fiscal price might rise to $150 million (US$3.83 million).
However, year-end targets are usually not compromised . . .
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