A business owner in Santiago de Cuba recently reported the high percentage that the Cuban regime retains from each sale made in the MIPYMES and for self-employed workers (TCP). According to this person, the authorities require the inclusion of a "10% increase on each sale, plus 1% for local development, 1.5% for payments to the tax account, and 1% for ACDAM," which adds up to 13.5% that the Cuban government retains from each commercial transaction.
The entrepreneur, who operates a restaurant in Santiago, explained on social media that the final price of products not only includes operational costs and salaries, but also this set of taxes and duties that increase prices for the end consumer. In a practical example, it was noted that a beer purchased for 160 pesos, with additional taxes of 13.5%, reaches a price of 181.6 pesos, without the business having made a profit.
The complainant emphasized that these high costs, along with the annual or quarterly taxes, force entrepreneurs to adjust their prices, which affects both businesses and consumers.
The new control measures that the Cuban regime imposed on the private sector began to be applied in 16 municipalities out of the 168 that the country has, which have been chosen by the Government. According to the statement from the Ministry of Finance and Prices, the trial period will last 180 days, after which other territories will be included.
Until July of this year, the Cuban government had closed a total of 15 MIPYMES, claiming that they presented irregularities in accounting. Judith Navarro Ricardo, a legal specialist from the National Office of Tax Administration (ONAT), revealed that accounting mismanagements were detected, such as the inclusion of equipment purchases as direct expenses instead of inventories, which artificially reduces the companies' profits.
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