While the entity argues that it avoids a legal battle, citizens and unions allege that it will affect the government
While the entity argues that it avoids a legal battle, citizens and unions allege that it will affect the government
The agreement that will divide the Sales and Use Tax (SUT) revenues between the Sales Tax Financing Corporation (Cofina, Spanish acronym) and the central government, - and that in turn would serve to modify almost $ 18 billion to be paid through that tax - may not be the best deal in economic terms, but it is the most "reasonable" solution to avoid a years-long legal dispute that could drain the government´s already limited funds.
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