It is not yet notified if demand by ICE rising was admisible

The Constitutional Court has not yet announced whether the constitutional claim against the 100% Special Consumption Tax (ICE for its Spanish acronym) for gas cookers was admissible or not.  Assemblymen of the CREO party filed the lawsuit on January 28 and continue waiting for a...

Cigarettes price went up in with special consumption tax

With the Law of Production Incentives, this year’s Special Consumption Tax (ICE) were reviewed and the prices of products such as cigarettes were affected. The ICE rate increased from 0.0925 to 0.1310 cents per unit. In the case of cigarettes, the Marlboro white box that...

VAT will be eliminated for induction cookers

With 91 votes in favor, 20 against and 4 abstentions, the Production Incentives and Tax Fraud Prevention Law was approved yesterday.  A proposal from Alianza País and the production sector was included in this law, which states that gas cookers will have a Special Consumption Tax...

To include junk food like a Special Consumption Tax is in process

The possibility to include the junk food in the Special Consumption Tax (ICE for its Spanish acronym) is still under analysis in various levels of the government. The SRI (Internal Revenue Service for its Spanish acronym) and the Ministry of Health maintain meetings at technical...