January 2021 Managerial Alerts
NEW OPINION OF THE MPPPST ON ENJOYMENT OF VACATIONS DURING THE STATE OF ALARM We have recently and unofficially learned that the Legal Consultancy Office of the Ministry of the Popular Power for the Social Process of Work (”MPPPST” in Spanish) (the “Consultancy Office”) issued Opinion No. 010 of January 22, 2021 (the “Opinion”),…
SCALE FOR ACCOUNTING, EVALUATION, AND ANALYSIS OF HEALTH CARE COSTS FOR COVID-19 PATIENTS Resolution No. 001/2021, dated January 18, 2021, issued by the Minister of the Popular Power for National Trade, was published in Official Gazette No. 42.053 of January 22, 2021 (the Resolution). The Resolution establishes the scale for the accounting, evaluation and…
IT PAYMENT EXEMPTION – NATURAL PERSONS Decree No. 4.420 of January 18, 2021, issued by the President of the Republic, was published in Official Gazette 42.049 of the same date (the “Decree”). The Decree established that the natural persons residing in the country will pay Income Tax only for the net taxable income of…
