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Volume 17, Number 11
October 11, 2011
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economy

Also in this section:
Anton beach land grab scandal reaches into Martinelli's inner circle
Local forex trading scam victims win partial victory in a Canadian court
Italy's foreign minister denies what photos show, more questions raised about aid to Panama
Santo Tomas doctors walk out, others may join them
Changes in the regional oil market
NAFTA starves Mexico
Crisis reaches far beyond the European Union
CEPAL, FAO call for region to close technology gaps and increase food production
Chinese investments boost Brazil's rise as a regional power
International climate change negotiations in Panama
Latin American conference on marine energy
Free trade is not so free
Tax printers: a big expense for many small businesses



Impresoras fiscales --- tax printers --- are very annoying to many small businesses
A big expense for
a tiny business

photo essay by José F. Ponce

As of October 18, all taxable businesses --- or is it all businesses? --- are required to either have a cash register that reports by Internet to the General Taxation Office (DGI), or to buy a special "impresora fiscal" --- tax printer --- that does so, and to provide printed receipts for all transactions to all customers. The confusion about who has to obtain these devices and provide these receipts is due to contradictory statements from the government. It appears that the new machines are required for all businesses that would have to pay taxes (making more than $960 per month), including those whose goods or services are largely or entirely not taxable (like fondas serving fast food meals). Many small businesses are up in arms about this, because for the smallest of tax-liable businesses, the expense of this is most of a month's income.













Also in this section:
Anton beach land grab scandal reaches into Martinelli's inner circle
Local forex trading scam victims win partial victory in a Canadian court
Italy's foreign minister denies what photos show, more questions raised about aid to Panama
Santo Tomas doctors walk out, others may join them
Changes in the regional oil market
NAFTA starves Mexico
Crisis reaches far beyond the European Union
CEPAL, FAO call for region to close technology gaps and increase food production
Chinese investments boost Brazil's rise as a regional power
International climate change negotiations in Panama
Latin American conference on marine energy
Free trade is not so free
Tax printers: a big expense for many small businesses

News | Economy | Culture | Opinion | Lifestyle | Nature
Noticias | Opiniones | Alternativa con Miguel Antonio Bernal
Archive | Unclassified Ads | Home



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