Diesel Trucks Mileage

"Tax planning or simulation of actions?

The evolution of Mexican law, is based primarily on the fact RIEF
of closing options to individuals. Since we can remember,
specialist technical creativity has given birth tax schemes or figures which allow the circumvention
the tax burden.

20 years ago, lawyers and accountants began to specialize in tax matters
causing a culture of research and deep study of the rules
legal and accounting. And with the advent of communications technology, knowledge
was spreading to new generations and other levels.

Today, just join one of the thousands of courses taught at the National
to have a cookbook of schemes, strategies or figures, that seems
optimize the tax burden, unfortunately, not
all times under the sieve of the law.

has emerged a generation of "sellers" of strategies, that in exchange for a percentage of "the service" will provide juicy "savings" to
business, including ensuring that they run with any kind of risk that can be generated in case of "strategy" fails. They are so versatile
offered to sign any document that guarantees that before an event before the taxpayer can take either view, process, or even jail.

ruthless in that sale recipes and diagrams, has lost all sensitivity and even
business reason.
interpretations are given to the tax rules inadequate or failing, so aggressive that border on the absurd
, misapplied the basic rules of our beautiful language,
Castilian. The problem is that it has lost the independence of mind that we have
professionally, meeting the basic rules of ethics
. How will there be a clear interpretation, clear,
trends of a rule, when we face the possibility of charging
amounts of fees in exchange for millions of circumventing a comma, colon
or any requirement or condition of the statute under consideration?.

Article 2180, the federal civil code, states:

"It simulated the act on which the parties declare or confess falsely
which in reality has not been or has not been agreed between them. "

How often recommended by" consultants "which is billed as or that amount of a
company to another, adjusting service concepts, we really were not?.

For the purpose of the Code itself states in its Article 2181, the modalities of simulation events:

a) Absolute: When the act has nothing simulated real

b) Relative: It when an act is given a false appearance

Later in Article 2183, states that: "You can request the nullity of the
simulated acts, the third hit by the simulation, or the Department of Public
when it was committed in violation of the law or prejudice the
Treasury.

view, it is extremely important that you be examined by a specialist lawyer or
confidence, any " strategy "or" scheme "
you offer to bring down the tax burden, since in most cases, your
technical support is extremely weak to the point that while not simulation
can bring irreversible consequences to not be attached to the right.

Article 109 of the Federal Tax Code defines the crime of tax evasion
as follows:

"The crime of tax evasion who with the use of deception or exploitation of
errors, skip all or part of the payment of any tax or obtain an undue advantage
to the detriment of the federal treasury.

While it is true that some lawyers say it is very difficult for the authority to set the course
simulation or tax evasion by the subjectivity
involved, it is important that you know that these crimes are punished heavily
to jail. That's the raw
never going to tell the person who will "sell" strategy

is not forbidden you to optimize their resources properly applying laws
. What it is and what is its consequent risk is that you leave
deceive, for example from their staff (payroll) to another foreign company (the famous OUTSOURCING), knowing that they will reduce the base salary
contribution to their employees to pay less social security contributions and infonavit, applying
"interpretations" of laws, the wrong way or very aggressive in court
surely unlikely to be successful. What
not regularly told, is the clear responsibility solidarity that precise, Article 15-A
of the Social Security Act, recently renovated, indicating

"When hiring workers a pattern, so running
work or services for him, involving a labor broker,
whatever name that pattern and intermediaries take, both jointly liable
each other and in relation to the worker,
respect obligations contained in this Act "

For advice contact

eduardo_palomera@hotmail.com

http://empresarioconsultoresdenegocios.blogspot.com

and Mpresario_feedback@hotmail.com

or make an appointment with our office or a home visit without
commitment

War Stomach After Gall Bladder

24 years of inflation and other macroeconomic indicators. PJ

Caracas, January 19, 2011

24 years of inflation and other macroeconomic indicators.

This paper corresponds to the continuation of similar Aporrea published by the author on previous occasions (in April 2007 and April 2010), and where as now, try in a bit contrived and accompanied by graphics that illustrate explanations, dismantle the arguments opponents from a documented vision by official statistics published by the Central Bank of Venezuela that are available to any citizen in the digital page http://www.bcv.org.ve

have recently been expressed in media statements and writings about the ineffective performance by the Revolutionary Government Inflation topic, shocking on the figures achieved during these 12 years, and the high emphasis on this phenomenon occurs in our country's economy by positioning ourselves as the continent's highest inflation, which is not less true, but just as cynically circumvented the causes of this situation is caused by sections under their control throughout the apparatus producer and distributor of commercial consumer products (food, medicine, clothing, footwear, and other services) to generate artificial shortages and pushing a skyrocketing prices have a direct impact on inflation so high that still exist, despite the efforts and actions have been implemented to counter its impact on the neediest people.

But the way I present indicators belie comparisons for equal periods, the parent has sought to impose and pointing accusing the government led by our Commander in Chief, so I invite all those interested in the topic provide its analysis and supplement my modest opinion that only seek to clear the scene of the macro economic figures to readers hungry for information. I leave for a better interpretation developed here as follows:

12 years of revolutionary government in graphics (January 1999-December 2010) vs. Previous 12 years (January 1987-December 1998). INFLATION

vs 1987/1998. 1999/2010

SOURCE: www.bcv.org.ve

This chart shows the behavior of inflation in the last 24 years, which shows that in the twelve years prior to the start of the Administration of President Chávez, the lowest rate observed was 29.9% (1998) just the last year of Caldera II, and the highest was 103.2% (1996) also for the government and his new Minister Caldera of Cordiplan Teodoro Petkoff, but in the last three years of joint management of Carlos Andrés Pérez, Ramón J. Velasquez, there was 45.9% (1993) and in 1989 reached a figure close to 81% inflation, thanks to policies recommended by the IMF shock seconded by CAP and Miguel Rodriguez (Cordiplan).

twelve years in the Revolutionary Management, the lowest inflation recorded in 2001 prior to the tragic coup of April 2002, when it stood at just 12%, in my opinion, one reason he got out of the boxes to the fascist opposition that could not afford the success of macroeconomic policies that predicted a defeat for inflation and marked a trend toward a final digit to its control, consequently resulting in high rates further to 31.2% (2002), just the year that the mob attacked with all the iron against the country and the legitimate Government in exercise, getting involved in the coup and the subsequent oil sabotage, and a maximum of 31.9% (2008), the product of Opposing unfair practices of shortages, yet this high inflation rate reached in 2008, resembles the lowest of the 12 years preceding the start of the process.

2. CUMULATIVE INFLATION PERIOD vs. 1987/1998. 1999/2010

SOURCE: www.bcv.org.ve

The truth is that words are unnecessary to this overwhelming reality, if this is not a reflection of the successful implementation of Macroeconomic Policies in the Management Chavez, thanks to its excellent work, then do not define, but for not very long story short, in the twelve years prior to the arrival of President Chavez the cumulative inflation for the period amounted to nothing less than 11408.31% thanks to the recommendations of multilateral agencies, including IMF, which forced the governments of the time to implement neoliberal policies with the disastrous consequences of the same, more poverty , more inflation, more dead (remember that in 1989 did the Caracazo).

The other side of the coin shows in the 1999/2010 period, when once freed from the lethal prescriptions of the IMF, President Chavez and his team decided to implement macroeconomic policies to the country, to the point that even with the strikes, coups, sabotage, guarimbas, and other concoction applied by the opposition coup, the cumulative inflation rate Chávez Management, reaches 961.02%, which is not something to jump for joy, and even if it is considered high, is 12 times less and stay in diapers shown by the governments of the 4th. Republic between the years 1987/1998.

definitely those are the figures in the opposition do not like and which we must insist on permanently removing any argument to the contrary that they indicate on the subject.

3. VARIACIÓNPRODUCTO gross domestic product (GDP) since 1997

SOURCE: www.bcv.org.ve constant 1997 prices in millions
Bs * Provisional figures

For educational purposes, "Gross Domestic Product (GDP). Value of final goods and services produced within a country during a certain period. "(From page www.bcv.org.ve). Here

figures shown start from 1997, which is the information available on the website of the BCV, and shows the values \u200b\u200bof 1997 (ie, the figures are adjusted to their values \u200b\u200bas if they were all Bs 1997 for comparative purposes ), and show the trend growth of GDP (Gross Domestic Product) to the observed decline in 2002 due to the grace coup, then a strong recovery until March 2008 This shows a real improvement in the Venezuelan economy for 5 consecutive years, which was impacted negatively in the years 2008, 2009 and 2010 as a result of the global financial debacle suffered crash product in the U.S., Europe and the rest of the world Following the financial bubble burst (greater brand bank fraud in my opinion) originated in the U.S. and affecting the global economy resulting in a severe recession from which no escape, even if their effects were lower in our country to the world . Fortunately, this situation has been controlled by the government team and hopes to restart economic growth will be present in the year 2011 with a value close to +2% of GDP in the period.

4. 1993/2010 INTERNATIONAL RESERVES TOTAL U.S. $ Million

SOURCE: www.bcv.org.ve in Millions of U.S. $. This time

shows figures from 1993, available on the website of the BCV, and as in the previous figures, the year 2002 shows atypical (lower level of stocks of this Government, matched to the received in 1998) the rising trend that had been observed. The figures for December 2010 (U.S. $ 30,332), exceed 2.04 times the amount of international reserves at U.S. $ December 1998 (U.S. $ 14,849).

5. TYPE REFERENCE EXCHANGE 1997 / 2010
vs Bs. U.S. $.

SOURCE: www.bcv.org.ve

This chart shows us that in the early years of Chávez Management, the exchange rate remained low with variations until 2001, however the product events of 2002, there was a strong attack against our sign exchange, which brought a response from the Exchange Control Government that continues to this day, which allowed for the past 60 months, the official exchange rate remained unchanged at 2150.00 Bs (Bs 2.15 / U.S. $), despite frequent manipulations that run on the black market dominated by financial players coup with the intention of causing a devaluation in order to thus obtain large ill-gotten gains at the expense of Venezuela, which has had a tough financial position and monetary authorities and the National Executive. However

early 2010, the national executive was forced to implement a new dual exchange rate (VEB 2.60 per U.S. $ for import of essential goods and Bs.4 identified, 30/Us $ for Other imports), in order to counter foreign exchange market distortions caused by a parallel market that served as a benchmark for setting prices consumidor de los artículos importados, aún cuando los importadores en un alto porcentaje recibían divisas de CADIVI al cambio de Bs. 2,15/Us$).

De la misma manera, al inicio del año 2011 el Ejecutivo Nacional decidió unificar la tasa de cambio a Bs. 4,30/Us$ con la intención de simplificar el mercado cambiario y darle más fluidez.

6. INDICE DE REMUNERACIONES GENERAL (PÚBLICO Y PRIVADO)

Base 1997
FUENTE: www.bcv.org.ve Base 1997

Este gráfico nos muestra a valores de 1997, el Índice de Remuneraciones General (Sector Público y Privado en conjunto), y refleja el fortalecimiento impuesto por las decisions of the Cabinet led by President Chávez, on wages, which is expressed as a percentage change of +803.70% when comparing 2010 vs values. 1998, encouraging the purchasing power of workers with the implementation of annual salary adjustments and payments for other additional benefits as Food ejemplp Bonus. Justo Bustamante Ch


justobustamante@hotmail.com
Twitter: @ justobustamante

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MAIN BILLING QUESTIONS AND ANSWERS ON DIGITAL

I. - On the different forms

1. What types of Billing will exist in 2011?

The vouchers may be issued from 1 January 2011 under the tax provisions are:

=> Electronic Bill 2010 (CFD)

=> Electronic Invoice (for taxpayers who have opted for and operating the scheme by their own means in 2010),

=> Electronic Invoice issued by organizations and associations that bring together agricultural producers and traders .

=> From January to June 2011 required taxpayers to issue electronic billing CFDI may issue either through authorized dealers or their own.

=> Electronic bill through microeconomic tool

=> Electronic Bill 2011 (CFDI)

=> Electronic Invoice to through an Authorized Provider Certification CFDI

=> Electronic Billing by purchasers of goods of the primary or mining, or the leasing of space for the placement of advertising or telephone masts.

and their corresponding printed representations, where the receiver requests it.

=> Billing Print

=> Invoice printed on licensed premises before 1 January 2011.

=> Invoice printed two-dimensional barcode

Legal Basis: Arts. 29 and 29-A of the CFF and the rules I.2.11.5, I.2.23.1.1, I.2.23.2.1, I.2.23.2.2 and eighth paragraphs of the RMF in 2010.

2. How will the transition from the current testing scheme to scheme 2011?

• Currently, the tax check is given, under compulsion, on paper or easy option is to issue electronic invoices.

• From 1 January 2011 obligation will be issuing electronic bills and the option or facility will be issued paper bills.

Legal basis: Article 29 of the CFF force during 2010 and 2011, respectively.

4. How evolve Authorized Providers?

During 2010

• Until December 31, 2010, the taxpayer electronic invoice issued by a supplier, you can use the services of a Provider Authorized CFD (PACFD). These providers are responsible for generating the receipt and send it to the taxpayer. They also generate monthly report and send it to the taxpayer to submit it to the SAT.

Legal basis: Article 29, 8 th paragraph, Fracc. I CFF force during 2010.

From 2011

• From 1 January 2011, taxpayers who issue electronic invoices must hire a Provider Authorized Certification (PAC). These providers are responsible for receiving and validating the receipt generated by the taxpayer and seal with certificate issued by the SAT to return to the taxpayer. As this process generates and integrates the full information sheet and reaches the SAT is no longer necessary to request ranges of pages or send monthly report. In addition, the PAC may optionally provide the service to generate electronic invoices as they came by the PACFD until December 31, 2010.

PACFD • The figure is replaced by the figure of Authorized Provider Certification (PAC). Taxpayers that have December 31 servicios de un PACFD, no tendrán que hacer nada. El PACFD se convertirá en un PAC y la emisión de comprobantes continuará transformándose los CFD en CFDI de manera transparente para el emisor.

 •Los PACFD podrán continuar operando durante el primer semestre de 2011 siempre que presenten un aviso en donde manifiesten mediante aviso, que siguen cumpliendo con los requisitos establecidos. El aviso se deberá presentar durante los primeros 10 días del mes de enero de 2011.

 Fundamento Legal: Art. 29, 2° párrafo, fracc. IV del CFF vigente durante 2011 y OCTAVO Resolutivo de la RMF para 2010.

II .- On the receipts printed (paper bills) with two-dimensional bar code

1. Who can print invoices on paper with two-dimensional bar code?

• Taxpayers who conduct business in an amount not to exceed $ 2,000.00, regardless of their income.

• Taxpayers in the last fiscal year reported revenue for income tax purposes accumulated at or below $ 4,000,000.00, regardless of the amount that protect vouchers, provided it also meets certain requirements.

• Taxpayers in the fiscal year to undertake activities that will deem income equal to or less than $ 4,000,000.00, regardless of the amount they are granted, provided that it also meets certain requirements.

• Taxpayers CFDI obliged to issue the first trimester may issue paper receipts with safety device, no matter the amount.

basis Legal: Section 29, 5 th paragraph of the CFF force during 2011. FIFTH Rule Resolutive I.2.23.2.2 and FMR 2010.

2. What do I have to do to issue printed receipts in 2011 with two-dimensional bar code?

Taxpayers who are located in any of the cases to issue tax receipts to be printed:

• Have current Certificate of True.

• Request assignment sheets the SAT.

original • Print and copy of tax receipt that contains the two-dimensional bar code generated by the SAT at the request pages.

printing of tax receipts may be made by means of their own (PC and printer) or through any printer.

Legal basis: Article 29, 5 and 6 paragraphs and 29-A, Section VIII of the CFF force in 2011 and Rule I.2.23.2.2 and Annex 1-A FMR 2010.

3. What is the safety device shall be affixed to the printed tax receipt?

is a two-dimensional barcode (CBB) provided by the SAT to the taxpayer after approval of the relevant folios assignment, which must be reproduced in print the voucher at a minimum size of 2.75 cm. by 2.75 cm., and a resolution of 200/200 dpi.

basis: Article 29, paragraph 5 ° and 29-A, Section VIII, the CFF force in 2011 and Rule I.2.23.2.1 of RMF 2010.

III .- On the electronic check

1. What are the requirements to issue electronic invoices?

During 2010

2010 to issue electronic invoices (CFD) should opt for this scheme before 1 January 2011 for which you will need:

• Have a Certificate Advanced Electronic Signature regulations.

• Get a Digital Certificate and request Stamp Folios and / series.

• Engage the services of an Authorized Provider of CFD, or develop or acquire a system that allows you to generate on their own.

SAT • Send a monthly report of CFD.

From 2011

to issue electronic invoices 2011 (CFDI) shall:

• Have a Certificate of Advanced Electronic Signature regulations.

• Get a Digital Certificate Seal.

• Hiring Authorized Provider Certification (PAC). In 2011 this will be the only option available to invoice electronically.

• Report and requests for pages disappear in this new scheme.

CFD To issue during the first semester, must be met establishing requirements for the Electronic Invoice 2010.

Primary Industry, Mining Lease and small

If you are a purchaser of primary sector products or Mining or, for Tenant Spaces placement of advertising or telephone antennas must take the form of electronic invoicing via the acquirer.

Legal basis: Article 29 of the CFF force in 2010 and 2011 respectively, and rules I.2.11.9, I.2.12.1, I.2.12.4, I.2.23.5.1, EIGHTH Resolutive I.2.23.5.2 and FMR 2010.

2. What is needed to deliver electronic billing for its own account in 2010 (CFD)?

• Have valid electronic signature.

• Process Digital Label Certificate.

• Apply computer requirements (see Annex 20 RMF).

• Request folios and series.

• Carry electronic accounting system.

• Submit monthly to information from the CFD SAT.

Legal basis: Article 29 of the CFF and the rules II.2.23.4.1, II.2.23.4.2, II.2.23.4.3 and II.2.23.4.4 of FMR 2010.

3. What is needed to deliver electronic billing for its own account in 2011 (CFDI)?

• Have valid electronic signature.

• Process Digital Label Certificate.

• Apply computer requirements (see Annex 20 RMF).

• Have the services of an Authorized Provider Certification.

Legal basis: Article 29 of the CFF and the rule of FMR II.2.23.3.2 2010.

4. Where is published the list of approved suppliers for Electronic Billing?

The list of approved suppliers of CFD that can operate up to June 30 of 2011 is in the SAT's Web site at the following path:

http://www.sat.gob.mx/sitio_internet/e_sat/comprobantes_fiscales/15_8951.html.

From 1 January 2011, the service is offered Authorized Provider Certification, that the SAT will be released in that portal.

Legal basis: Regulation II.2.8.1 and Resolutive EIGHTH FMR 2010.

5. How long is the Certificate of Seal Digital Electronic Invoice?

2 years. The decree that granted administrative facilities on tax simplification published in the Official Gazette on June 30, 2010, only applies to Advanced Electronic Signature.

Legal Basis: Arts. 17-D, 2, and 10 paragraphs and 29 of the CFF and Article 5 of the decree that granted administrative facilities on tax simplification published in the Official Gazette on June 30, 2010.

6. Is it possible to use more than one digital seal certificate?

Taxpayers can obtain a Certificate of Seal Digital for any billing or one for each of its branches or establishments.

Legal Basis: Arts. 29, 8 th paragraph, section I, the CFF force in 2010 and 29, 2 nd paragraph, section II of the CFF force in 2011.

7. What RFC is used in electronic invoices that cover one or more transactions with the public?

XAXX010101000 generic RFC.

legal basis: Arts. 29, section III and 29-A, Section IV of the CFF force in 2011 and the rules and I.2.23.3.1 I.2.11.1 of FMR 2010.

8. What RFC is used in electronic invoices that cover one or more transactions with foreign residents who are not enrolled in the RFC?

generic RFC: XEXX010101000.

legal basis: Arts. 29, section III and 29-A, Section IV of the CFF force in 2011 and the rules and I.2.23.3.1 I.2.11.1 of FMR 2010.

9. How do I store electronic invoices?

Persons submitting, send or receive an electronic invoice in electronic format (XML) should store them in medios magnéticos, ópticos o cualquier otro medio de almacenamiento informático (CD, DVD, DAT, Disco Duro, etc.), siempre que la tecnología del medio de almacenamiento sea vigente.

Fundamento legal: Reglas I.2.11.2, I.2.23.3.2, I.2.23.4.3 y I.2.23.5.10 de la RMF para 2010.

10. ¿Hay un límite para el número de folios a solicitar en la factura electrónica?

 En el esquema de Factura Electrónica 2010 (CFD) no hay límite en el número de folios a solicitar.

electronic invoicing in version 2011, although there is no limit on the number of pages that can be requested, they will be assigned by the SAT through Authorized Provider Certification does not require driving ranges folios.

Legal basis: Article 29 of the CFF force in 2011 and 109/CFF form of Annex 1-A of the RMF in 2010.

IV .- On the conditions for deducting

1. Do electronic invoices covered expenses are deductible?

Yes, electronic invoices may deduct the costs incurred, they should check their authenticity on the website of the SAT, if the number of foil that covers the digital tax receipt was granted to the issuer and whether the Certificate for the digital seal is registered and has not been canceled.

http://www.sat.gob.mx/sitio_internet/sitio_aplicaciones/verifica_comprobante/.

Legal basis: Article 29, third paragraph CFF force in 2011.

V. - Sanctions

1. What is the penalty if a taxpayer uses electronic invoices issued or who do not meet tax requirements?

be penalized to the same penalties applicable to tax fraud, ie who are in prison for tax purposes, depending on the amount defrauded.

The tax fraud is punishable by the following penalties:

• With imprisonment from three months to two years when the defrauded amount not to exceed $ 1, 221,950.00.

• Imprisonment for two years to five years where the amount defrauded exceeds $ 1, 221,950.00 but not $ 1, 832,920.00.

• Imprisonment for three years to nine years when the amount defrauded is the greater of $ 1, 832,920.00.

When unable to determine the amount of what was cheated, the penalty is three months to six years in prison.

If the amount defrauded is restored immediately in a single display, the penalty may be reduced as much as fifty percent.

Legal Basis: Arts. 108, sections I, II and III and 109, Section VIII of the CFF.

want advice contact

eduardo_palomera@hotmail.com

http://empresarioconsultoresdenegocios.blogspot.com

empresario_feedback@hotmail.com

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claims that food costs rose 15 times in 12 years

OPPOSITION mouth with his love for the poor but hits the stomach, "said Rep. Julio Borges

Comments made to News published on the website of El Universal January 9, 2011 24:51

The leader of Primero Justicia and brand new deputy Julio Borges would advice a little longer before giving such an intemperate statements, it is very easy to give figures adrift with no statistical support to impress the uninitiated on the subject, but for those unfamiliar with the subject I invite you to read my the personal blog posted on April 3, 2010 related to the behavior of macro economic indicators, including graphics and rate of pay inflation during the 22 years prior to that date, ie 11 years of IV (Jan. 1988 h / December 1998, versus 11 years of the V (January 1999 to December 2009), which promise to update very soon to the last 24 years ( 12 years of the IV in January 1987 h / December 1998 vs. 12 years after the January 1999 V h / December 2010) and I assure you, no favorable macroeconomic statistics to the governments of the IV during these periods. The direction of my blog http://justobustamante.blogspot.com personal

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Enabling Insulza said that opposes the Democratic Charter


Secretary General of the OAS does not rule out raising the Venezuelan case

Comments made to News published on the website of El Universal 08 7:00 a.m. January 2011 The truth is that this guy gets it, he pulled over I do not think there is another diplomat at the concert. But often say that the fault is not blind if not who gives the club, and this time, we who support his re-election in the OAS knowing jalabolísticos background to the rule. Unequivocally, there were other true diplomats as possible candidates for that office, that the current Secretary General today unworthy takes, however to avoid the veto of the owner of the OAS, supported his re-election, as the other countries, including Canada, are invited stone for anyone that secret that this organization is nothing more than an appendage of the U.S. State Department, so again we must ask what is the benefit to the countries of the presence in an organization as discredited as the OAS? Dignity of the Cuban People's brother who refused to return to that den disgusting.

Latest Kates Playground Sets

communism's devaluation called unification. Nitu Perez Osuna U.S. international real estate scam

Caracas, January 5, 2011

communism's devaluation called unification. Nitu Perez Osuna devaluation is warranted to the strength of oil prices, and as to presume that their VAT article was written before meeting the President's decision not increase so do not go into detail on this issue, however I think she needed to truth and journalistic objectivity when one has accumulated depreciation figures for the past 12 years, I mean, should note that in a similar period (12 years prior to the fourth (31Dic87/31Dic98) the accumulated depreciation reached 2540% from the exchange rate in that period of Bs.22, 10/Us $ a 583.50 / U.S. $, while in the period 31DIC98/31Dic10, 12 years also the devaluation reached the 637% cumulative pass rate of Bs.583, Bs.4.300 50/Us $ a, $ 00/Us (official exchange rate) and even buying their argument Bs.9.000, $ 00/Us cumulative devaluation is 1442%, which is not to fire rockets.

ERRATA: Even though my unpublished written opinion in the early hours of the morning, 6:30 am approx. I want to make a correction on the figures and dates that inadvertent omission expressed therein, pending the publication of both: the correction will be from: ... should be noted that in a similar period (12 years prior to the fourth (31Dic86 / 31Dic98) the accumulated depreciation reached 2447% from the exchange rate in that period Bs.22, 10/Us $ a 563.50 / U.S. $, while in the period 31DIC98/31Dic10, 12 years cumulative devaluation also reached the 663% passing rate Bs.563 change, Bs.4.300 50/Us $ a, $ 00/Us (official exchange rate) and even buying their argument Bs.9.000, $ 00/Us cumulative devaluation is 1497%, which is not to launch rockets, as the figures in the 12 years of revolutionary government are lower than those shown in the 12 years prior to it.
appreciate the publication of two letters, the original and the errata. By paul garcia



05.01.2011 8:51 a.m.
would also be fair Mr. Bustos clarified that the income of the nation within 12 years of the Chavez government have been infinitely greater than the income that the nation was in the 12 years prior to Chávez. Since you like both the numbers would be good for making you look and publish its name. JUST BUSTAMANTE


For
05.01.2011 9:53 a.m.
Without wishing to be controversial and intended to respond politely to Mr. Paul Garcia, who referred me in his commentary, I point out that the figures in which the reference should be expressed as stated in the economic and financial jargon appropriately adjusted for inflation, we can not compare Bolivar yesterday (or U.S. $ if the case) or $ Bolívares today without applying the restatement, in other words, without applying the inflation rate, so I think his comment is a bit biased and untrue and I can show off his ignorance on the subject , anyway I said figures here are public figures posted on the website of the Central Bank of Venezuela (Statistical Information), so they can come to the valid source to corroborate and supplement its information with data that appears there. On another occasion I will refer to an analysis of the macroeconomic figures for the periods indicated.