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Attempt to reduce Consumption Tax fails

Thursday, August 4, 2005 - 12:50.  Updated on Monday, May 12, 2014 - 10:27.

Attempt to reduce Consumption Tax fails

Thursday, August 4, 2005 - 12:50
A private bill aimed at reducing the new consumption tax was rejected by the House after its first reading. Meanwhile, the Minister of Finance won a new Regulation giving the Chief Commissioner discretion to exempt organizations from CT - despite protests that it was illegal.

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