Macroeconomy/Finance

Deferral of Corporate Income Tax (IUE) payment generates liquidity of $718 mn to companies

The deferral of the payment of the Corporate Income Tax (IUE) allowed generating liquidity of Bs 5 billion ($718mn) to the service sector companies operating in the country and facing the quarantine, in the month of April. However, the funds shall be paid out next month.

Source: El Deber