Camagüey is doing well in tax collection

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The municipal budget reached 111 percent compliance, with a contribution of more than 1,100 million pesos, which has a positive impact on the territory’s transferred income
Camagüey is doing well in tax collection
Photo: Adelante

Camagüey, Cuba, October 27th.- Tax collection in the municipality reports favorable behavior, exceeding what was projected for the first nine months of the current calendar.

The reimbursement until the end of September reached more than two thousand 470 million pesos, a volume that represents six percent above the commitment for the stage.

The municipal budget reached 111 percent compliance, with a contribution of more than 1,100 million pesos, which has a positive impact on the territory’s transferred income.

The information specifies that only the sales tax remained below what was planned so far, motivated by the failure to comply with retail trade circulation.

In the capital of Camagüey, several actions are being carried out to increase tax revenues, including conciliation with the Transportation and Labor directorates to define the omissions and determine their payment.

By Rodolfo Medina Hechavarría/Radio Camagüey