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Venezuela’s Maduro Decrees 9% Tax on Companies for Pension Fund

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(Bloomberg) -- Venezuelan President Nicolas Maduro issued a decree setting a 9% tax on private companies for the creation of a state-run pension fund. Most...

-- Venezuelan President Nicolas Maduro issued a decree setting a 9% tax on private companies for the creation of a state-run pension fund.China Attempts to End Property Crisis With Broad Rescue PackageEarlier this month, the government-controlled National Assembly passed a law allowing a levy of up to 15%. The decree goes into effect immediately.

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Rep. Jamie Raskin , the top Democrat on the House Oversight and Accountability Committee, says it’s “worth investigating” whether lawmakers were drinking during Thursday’s explosive hearing, after rumors circulated that noncommittee members were intoxicated.

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Venezuela’s Maduro Decrees 9% Tax on Companies for Pension FundVenezuelan President Nicolas Maduro issued a decree setting a 9% tax on private companies for the creation of a state-run pension fund.
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