Compliance programs can raise competition in heavily taxed sectors


Fuels, cigarettes and beverages are among the areas most affected by heavy debtors

The tax compliance programs developed by the government to tighten up enforcement against taxpayers with a higher risk of tax evasion mainly affect economic sectors that suffer a higher incidence of taxes. Entities point out that in the sectors of fuels, cigarettes and beverages, for example, there are companies that fail to pay taxes as a business strategy to artificially lower prices and compete for consumer preference unfairly. In addition to the tax benefits, concentrating enforcement on incumbent debtors would also improve competition in the market.

To read the full story, access Jota Portal