Constitutional court rejects one corporate tax appeal

The Sala IV constitutional court has rejected one challenge to the new tax on corporations.

The Poder Judicial said late Wednesday that rejected was an appeal filed by a man identified as Oscar Ocampo Soto. He said that the law contravened due process because it calls for the dissolution of a
corporation if the tax is not paid for three years in a row.

Magistrates have at least five more appeals pending on the tax, which is supposed to be paid by the end of this month.

The full decision was not released, just a brief summary.

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