Jeff Smith 11:30 a.m., Aug. 30
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Baja & Border News Translations: PRI Will Meet to Set Details; "Rules of the VAT Game" Unknown
PRI Will Meet to Set Details (El Sol de Tijuana, 1/8/13 by Rocio Galvan)
Tijuana, BC - Members of PRI in the State will meet in this city on Wednesday to adjust the final details for a tour of the entity by the PRI national leader César Camacho, who will be in Baja California on January 15, confirmed sources of the PRI.
They indicated that the most important part is the drive moving into the next election and this is a fundamental concept for the future in the short term. A militant supporter must be selected as a candidate, they said. For his part, PRI member Carlos Barboza said what is most important for the PRI is to regain the governorship.
Beyond any other objective we need to win in July 2013 and that is clear, it is our main goal. 2013 is the year of the PRI in Baja California and therefore we have to be very sensitive to the demands of the population, he emphasized.
The best voters in the country are in Baja California because they analyze proposals, attitudes, behaviors and forms. He denied a candidate has already been selected by his party. http://www.oem.com.mx/elsoldetijuana/notas/n2833883.htm
"Rules of VAT Game" Unknown (El Sol de Tijuana, 1/8/13 by Juan Guizar)
Tijuana, BC - Exporters in the border maquiladora industry warned that applying a tax to the added value (VAT) for temporary imports generates $18 million, which results in a decline of investments, operations and decapitalization of companies.
The President of the agency, Federico Serrano Bañuelos, said that there is still uncertainty because "the rules of the game" are unknown in working with the Ministry of Finance understanding tax reform.
This productive sector, one of the main generators of employment at the border, is struggling because there is legal and fiscal uncertainty. "We have been playing out there with how much VAT will apply to temporary imports, but do not know or how, when, or how much," he stated.
If they apply a 11% tax in the current concept that does not pay. The industry must deliver $18 million dollars, an amount that must be already drawn from budgets, expansion plans, recruitment, innovation and competitiveness, said Serrano Bañuelos.
Currently, 20 maquiladoras associations in the country are holding meetings using work tables to encourage lawmakers to reach agreements that will keep the benefits brought by this sector through employment. In addition, for each job generated, three are created indirectly.
"We know that taxes have to be paid, we are never going to stop paying taxes, but if VAT is applied to temporary imports, it is going to have an impact, depending on the size and turnover of each industry," he ended.
More like this:
- Baja & Border News Translations: Deputy Asks for Regular Importation of Used Cars; Snow Causes Temporary Road Closure to La Rumorosa — Jan. 8, 2013
- Baja & Border News Translations: Tax System is Outdated 20 Years; Mexicans May Enter Country with $300 US Tax-Free — Nov. 6, 2012
- Baja & Border News Translations: Risk of Jobs Loss with VAT Increase; Dollar Falls — Sept. 11, 2012
- Border News Translations: Maquiladoras are Great Places to Work — May 7, 2011
- A Toxic Tour of Baja — Jan. 13, 2000