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Montoro denies it intends to raise VAT this term

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Finance Minister Cristobal Montoro has denied Wednesday that the government has no intention to raise VAT again this term, and asked to wait for the expert committee published the report of findings in the second half of February before talk about where tax reform will be.

So has on statements to the media in the halls of Congress, when asked about the possibility of increasing again the value added tax which would have suggested the expert committee of the Ministry, as published by the newspaper " Expansion '.

"The government has no plans to increase VAT. Already have uploaded this term, and what we hope is a major revenue as consumption increases, which is what is beginning to happen since the end of 2013," has Montoro added.

One hypothesis Finally, he asked " let things go to their time" and allow time for the experts who captained Manuel Lagares to submit their proposals for tax reform "in the second half of February," denying that there is currently no report of findings but only " scenarios " work.

"Experts are working. 'll Hear their proposals and, from them, the Government will make the relevant assessment and tax reform proposal through a bill. This is not the time to talk, to discuss, to make those approaches " has settled.

 Tags: denies, intends, Montoro, raise, term, VAT

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