Minister Mario Marcel’s Meeting with CPC: Proposals for Growth, Tax Reform, and State Reform

2024-01-11 12:17:08

Within the framework of the Pact for Growth, Social Progress and Fiscal Responsibility (Fiscal Pact), the Minister of Finance, Mario Marcel, led the first meeting of the year with the Confederation of Production and Commerce (CPC), union that brings together the country’s largest businessmen.

At the meeting, the proposals made by the union on tax matters, State reform and growth were addressed, with emphasis on the points in common between their approaches and the contents of the Pact presented by the minister at the end of 2023.

“We have noted important coincidences. These proposals are framed in a climate, at a time in which we are beginning to see many more positive signs in the economy and where we are also showing the steps that express the priority that the government has assigned to sustainable growth,” said Marcel following the meeting.

Likewise, the Secretary of State explained that regarding the CPC’s proposals related to taxes A distinction was made between tax compliance measures and income tax measures.

On the growth side, the additional proposals that the CPC included in its text were addressed, which might be analyzed in the sessions of the Pro-Growth Cabinet; and finally The content of the measures related to State reform was clarified.

“In general, the truth is that there are many, many coincidences. It is a question of semantics whether one considers this alternative or not (the CPC proposal), but the important thing is the substance and the substance is one in which we have many points of convergence and where we have areas in which we are available to work together. to move them forward,” reflected the authority.

Income tax

For this reason, Marcel recalled that within the preparation of the income tax project, the commitment made by the Government is “from now until the beginning of March to have a process of preparing the proposal, in which “We will listen and consider any alternative proposals.”

And he added: “in the particular case of the Confederation, There is a very specific proposal regarding rates on distributed dividends, which is proposed in the logic of compensating for the effect of lower collection generated by a decrease in the first category rate, that we value.”

This proposal, the minister assured, follows certain criteria and principles that are “consistent with what was stated in the Pact and therefore we are going to study it. We are going to try to delve deeper into the content of what is proposed to us and also perhaps find solutions to some difficulties that may exist in its design. Of course, we still have work to do ahead of us,” he concluded.

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