Industry requests less taxes in exchange of subsidies

Image: Expreso

Neither the commercial and industrial sectors are still able to reveal the impact that the end of subsidies will have on production costs, since they do not find it easy to calculate the rise in fuel prices, following the formula to calculate the presidential decree. Therefore, they can not indicate what specific activities will be the most affected.

There is concern among cardboard, sugar, ceramics and other industries that were consulted by daily Expreso this weekend. In what trade and industry agree is to determined case by case the impact and if there will be a rise in prices. There will be companies that assume the increase in the cost structure, others that will do it partially and others that will transfer it to consumers.

Source: http://expreso.ec/expreso/plantillas/nota.aspx?idart=8562623&idcat=38269&tipo=2