By NEIL HARTNELL
Tribune Business Editor
and TANEKA THOMPSON
Tribune Staff Reporter
tthompson@tribunemedia.net
The Government is expecting to earn a net $300,000 revenue increase from reforms to the Business Licence Act and its taxes, a government minister said yesterday, confirming that the rates for industries such as construction and the hotels had been adjusted downwards by 0.25 percentage points to reflect their concerns.
Zhivargo Laing, minister of state for finance, said that in adjusting the Business Licence tax rate downwards from 0.75 per cent to 0.5 per cent for four industries - construction, the hotels, petroleum wholesalers and food wholesalers - the Government would for ...
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