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prima:CRIM rejects Senate amendment to inventory tax

It opposes it, as does the private sector, because, if it becomes law, it would establish an additional tax on consumers

June 26, 2025 - 3:39 PM

The inventory tax generates between $250 million and $300 million annually. (Josian Bruno/GFR MEDIA)

The Municipal Revenue Collection Center (CRIM) joined the chorus of voices from the private sector opposing House Bill 420 (PC 420), which would create a new municipal tax on the purchase of goods.

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