Main tax reform submitted to Congress

On 20 June 2007, the Government submitted to the Congress a bill for an integral reform of the public finance.

The reform, which would modify the Constitution and various laws, focuses in different areas including tax administration, public expenditure, and state and municipal fiscal power. As regards tax administration, changes focus on: (i) facilitating tax compliance: by making simpler the individual income tax, and creating a tailored made website for profe…