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Value added taxes (VAT): basically 22%, but some goods (pharmaceutical, etc.) are taxed with 10%, and fruits and vegetables are not taxed. As of August 2014, the Financial Inclusion Law ( Spanish : Ley de Inclusión Financiera [ 4 ] ) established a 4% tax deduction for sales with debit cards and 2% for credit cards .
Map of the world showing national-level sales tax / VAT rates as of October 2019. A comparison of tax rates by countries is difficult and somewhat subjective, as tax laws in most countries are extremely complex and the tax burden falls differently on different groups in each country and sub-national unit.
The EU VAT asks where supply and consumption occurs, which determines which state collects VAT and at what rate. Each state must comply with EU VAT law, [56] which requires a minimum standard rate of 15% and one or two reduced rates not to be below 5%. Some EU members have a 0% VAT rate on certain items; these states agreed this as part of ...
Banking Services. Banking has traditionally been one of the strongest service export sectors in the country. Uruguay was once dubbed "the Switzerland of America", mainly for its banking sector and stability. The largest bank in Uruguay is Banco República, or BROU, which is state-owned; another important state bank is the BHU. Almost 20 private ...
Donald Trump said during a press conference that he will make “major pardons” for Jan. 6 defendants who stormed the Capitol four years ago.
Bourbon Street has long been party central, and little changed in the hours after Surgeon General Vivek Murthy on Friday outlined the direct link between alcohol consumption and increased cancer risk.
2. Roasted Brussels Sprouts With Pomegranates. For a healthy twist on classic Christmas dishes like green bean casserole or potatoes au gratin, try roasted Brussels sprouts.
The tampon tax was abolished in Britain on January 1, 2021, following Britain's departure from the EU, meaning there is now a zero rate of VAT applying to women's sanitary products. [ 8 ] [ 9 ] Rwanda removed their VAT on all sanitary products on December 10, 2019.