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Hello friends of Hive finance lovers I welcome you to my fantastic blog |
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Today I would like to break down a very controversial topic for my country in recent days, although I do not know much about finance I will give a small opinion based on the opinions given by experts and journalists on this topic. |
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It is the Tax on Large Financial Transactions (IGTF), which was passed into law by the National Assembly. |
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The purpose of this law is to generate contributions to the country for fiscal expenses, which are deducted in improvements for public services, salaries of the country's workers and improvements for pensioners. |
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The main purpose of this Law is to put the companies or entities that are working illegally in the right lane to carry out transactions in a legal manner, since there are many illegal jobs, so to speak, that are not being perceived by the State agency. These new rules will allow these transactions and maintain a balance in the country's economy. |
It has three main points |
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✓ Point number one has to do when transactions are made in the national currency the Bolivar, the charge for these are 2% in addition to purchases made in cryptocurrency such as the Petro digital currency of the country. |
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✓ Second point goes from a percentage of 2% to 8%, this higher percentage are the purchases that are made in the foreign currency the dollar $, i people who have bank accounts for payments that are made to suppliers. |
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✓ And finally this law is directed to the people who make transactions and who are not banked, its amount oscillates in a lot of 20% in my point of view this amount is higher because they are more emphatic for the people who are committing illicit apt in the country do not count with company or digital accounts that justify the transactions made. |
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