Daily Archive for April 13th, 2016

E-shopping levy not a right click

Newsday Editorial
April 13, 2016 – newsday.co.tt

Online ShoppingTHE GOVERNMENT is proposing a seven percent levy on online purchases. Shoppers have described the move as unfair, but Minister of Finance Colm Imbert has defended it, saying it would ease foreign exchange pressures, reduce revenue leakage, and divert buyers to local products. But not so. The levy is one tax too many.
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