A tax break for small businesses was announced by Baja California Governor Marina del Pilar Avila Olmeda
Baja California Governor Marina del Pilar Avila Olmeda, announced a tax break for small businesses that will be exempt from the Payroll Tax surcharge.
Recently, the State Assembly approved a bill that applies a surtax of 1.25 percent to the so-called payroll tax.
Avila Olmeda enacted the bill despite the call from business associations to veto the proposal due to its impact.
In a statement, Gov. Ávila said the exemption was included in the bill.
The governor assured the state seeks to eliminate tax burdens to small companies to promote a healthy economy in the State.
Interested small business owners must provide the state with their information in the tax system’s website.
Gustavo Santos Hernández Valenzuela, director of the Baja California Tax Administration Service (SAT BC), said providing business information is the first step to get the tax break.
Then, the agency must verify the data and approve the application.
Hernández Valenzuela added that this benefit is intended for one-person companies and small businesses.
The tax break also applies to those businesses with up to 50 employees.
The Governor emphasized the tax break seeks to contribute to economic prosperity that promotes sustainable development and growth in Baja California.
Water fee debt and fines discount announced
Baja California Governor Marina Avila announced days ago an up to 100 percent discount on water fee debt and fines.
The discount applies to residential, commercial and industrial users.
The governor said the measure is part of a strategy to regularize those with overdue debt while increasing revenue to pay for water infrastructure projects.
According to Avila, those who seek to get the 100 percent discount benefit must pay their due in a single payment.
Those payments can be made on a monthly basis as well.
“In the last 30 years the state has stopped investing in projects to guarantee water supply,” Gov. Avila said. “This is why we are launching actions and a historic investment to address water access issues.”
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