Direct Taxation… Reality VS Fiction

Everyone has heard, read and comment about governments mitigating the crisis with more direct taxation. Mexican government differentiating from Brazil make this step recently increasing taxes to Telecommunication sector, Beer, Tobacco, Casinos among others. However it is well know that in the past such taxes were avoided by the enterprises affect through legal battle that in the end they won and put in perspective that the consumer make them earn a buck more without increasing directly their services or products, and in particular cases the government had to pay back this collection with interest. This kind of Virtualization of Inflation make in the past examples their shares go north and their value growth among their international competitors, this is exactly why we are upgrading our recommendation to buy stocks on the leaders of this sectors. For more detailed information please contact us or subscribe to El Inversionista.