The Marchamo Tax Commission's deputies pre-approved bill No. 23.477, to modify the existing "Law for relief in the payment of the Marchamo" with 4 votes in favor and 3 against.

The so-called Marchamo is a compound tax on the right to drive a specific vehicle. The payment of this tax corresponds to the year 2024 and must be paid in advance before Dec. 31.

The proposed bill aims to reduce the cost of vehicles by 20% to 60%. Tax reductions will benefit more to vehicles with the lowest fiscal value.

Deputy Daniel Vargas, of the Social Democratic Progress Party of the current government of Rodrigo Chaves, voted against the bill. 

Vargas believes that decreasing taxes is irresponsible as it would result in a decrease in the State's revenue, which is necessary for funding public infrastructure projects that benefit communities.

The bill will undergo evaluation by Congress deputies in the coming days. If it receives approval, it will follow the established procedure in Congress and become a new law.

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