In Communist Cuba, the Tax Man Cometh

cnbc.com
November 28, 2012

Most Cubans have not paid taxes for half a century, but that will change under a new code starting January 1.

The landmark regulations will change the relations of Cubans with their government and are a signal that market-oriented reforms, launched since President Raul Castro succeeded his brother, Fidel Castro, in 2008, are here to stay.

The recently published code constitutes the first comprehensive taxation in Cuba since the 1959 revolution abolished just about all taxes.

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This article was posted: Wednesday, November 28, 2012 at 11:28 am

Tags: foreign affairs

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