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Bill to eliminate inventory tax is being fine-tuned

Department of Treasury Secretary, Ángel Pantoja Rodríguez, expects an expeditious approval because the measure has been discussed with the mayors’ organizations

February 26, 2025 - 10:00 AM

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A pesar de los repetidos llamados del sector empresarial para eliminar el impuesto al inventario, algunos reconocen que el mismo representa “una ficha de tranque con los municipios, los cuales derivan muchos de sus ingresos de dicho impuesto. (GFR Media)

The bill that would freeze the personal property tax would also create a working group that will be charged with identifying an alternative source of revenue in order to eliminate the tax on businesses within five years.

By Efraín Montalbán Ríos

Periodista de Negociosefrain.montalban@gfrmedia.com

Jenniffer González Colón and leaders of her cabinet framed Tuesday the current administration’s economic priorities, which include the future elimination of the inventory tax, permit and tax reforms, as well as the solution to “cracks” in the fiscalization and streamlining of processes.