On November 27, the Economic Regime Committee passed the report for the first debate of the Tax Reform Bill, with eleven votes in favor. The document was submitted by the Executive to replace the Economic Growth bill thrown out on November 17 by the National Assembly. The text approved by the legislators may be accessed by clicking here. The aim of the Assembly is to sanction the articles before December 6.
The document was supported by all the parties represented on the committee, but there are still several points lacking consensus. However, the voting took place with the aim of making the Assembly plenary responsible for analyzing and commenting on the bill’s text.
The differences within the committee were acknowledged by chairman Daniel Mendoza (ruling party), who said that overall there was about 80% agreement on the proposals. The only party totally opposed to the bill is the Partido Social Cristiano. Mendoza is confident that these differences will be overcome during the first debate likely to take place this Friday.