HAVANA TIMES – The Cuban government will implement new taxes in 2014, the Minister of Finance and Prices, Lina Pedraza Rodriguez, told the Council of Ministers on Tuesday.
The minister said other sources of increased revenues will come from increased taxes on services, personal income, and contributions for Social Security.
Pedraza also announced that as of next year State owned companies will be able to use up to 50% of their profits after taxes, for development, investment and direct stimulation to their workers.
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