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Volume
17,
Number 11
October 11, 2011 |
Also
in this section:
![]() Impresoras
fiscales --- tax printers --- are very annoying to many small businesses
A big
expense fora 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.
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in this section: |
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©
2011 by Eric Jackson email: editor@thepanamanews.com or phone: (507) 6-632-6343 Mailing address: Eric
Jackson Facebook
page: http://www.facebook.com/thepanamanews |
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