Tax. An increase of around S/0.09 is contemplated. Nearly 400,000 winemakers ask not to update the tax because it would impact the price of the alcoholic drinks Y cigarettes.
The head of the Ministry of Economy and Finance (MEF), Alex Contreras, revealed that as every year the Executive power It has been evaluating the updating of the current fixed amounts applicable to goods subject to the Specific System of the Selective Consumption Tax (ISC).
In this line, the official indicated that the increase that could occur in the ISC of some products would be around S/0.09, which would be expected to have a moderate impact. However, the MEF will carry out a new evaluation to prevent this measure from having an effect on inflation.
“As a rule, it is appropriate to make an adjustment to the ISC, which would be around 9 cents per liter in some products, it is a small adjustment, but due to the circumstances we are evaluating the measure. The impact is moderate,” said Miranda Contreras during his presentation at the Economy, Banking, Finance and Financial Intelligence Commissionto Congress.
They ask not to update ISC
For their part, the Association of Women Winemakers of Peru (Agremub) asked the MEF to back down on its decision and that this year’s ISC not be updated, as this could impact the recovery of small businesses.
Daniel Hermosaadviser to Agremub, indicated that an increase in this tax It is directed towards sugary drinks, drinks that contain more than 20 degrees of alcohol and cigarettes, products that represent about 25% of the income of the wineries.
“The increase in the ISC will have an impact on the sales of the wineries, secondly, of the restaurants, and thirdly, it will impact the hotels,” Hermoza pointed out.
Likewise, the union representative requested a tax truce so that it does not impact the 400,000 winemakers What is in Peru?
It is worth mentioning that the ISC is applied to certain products in order to discourage their consumption, because they are harmful to health.
There will be no tax increase for mypes
The Minister of Economy also ruled out a tax increase for micro and small companies (mypes) with the tax changes that he proposes to promote with the request for delegation of legislative powers, such as the simplification of tax regimes.
Facilitate investments
The head of the MEF indicated that measures to promote public and private investment are contemplated within the request for powers.
“The most important is the promotion of public and private investment, simplifying processes, making deadlines more flexible, providing support and technical assistance”the official explained.
Source: Larepublica
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