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What is the impact of the informal economy in Costa Rica?
The informal economy has a significant impact on the economy of Costa Rica. This economy is made up of unregulated and unregistered economic activities, which limits tax collection and can create challenges in terms of social protection and labor rights. Reducing the informal economy is a challenge for the country, since it involves promoting formalization and legal entrepreneurship.
What are the tax implications associated with the seizure of assets in Bolivia?
Seizing assets in Bolivia can have significant tax implications. Income generated from the auction of seized assets may be subject to tax, and the details of how it is taxed vary depending on Bolivian tax laws. It is essential that creditors understand these implications to avoid tax surprises and comply with tax obligations.
What is the insurance contract in Mexican commercial law?
The insurance contract is one in which one party (insurer) undertakes to compensate another party (insured) for damages or losses that may be suffered, in exchange for the payment of a premium.
What are the responsibilities in relation to the certification of products as conforming to Bolivian quality standards?
Responsibilities in relation to the certification of products in accordance with quality standards are described in clause [Clause Number], indicating how the seller will guarantee that the products meet the quality standards required in Bolivia, strengthening consumer confidence and its acceptance in the market.
What are the legal consequences of the crime of fraudulent insolvency in the Dominican Republic?
Fraudulent insolvency is a crime that is prosecuted in the Dominican Republic. Those who conceal, misappropriate or fraudulently transfer property or assets to avoid payment of debts or harm creditors may face criminal sanctions and be required to repair damages caused, as established in the Penal Code and commercial law laws.
What is the importance of ethics in the personnel selection process in Ecuador?
Ethics is fundamental in the selection process in Ecuador. Employers look for candidates who share the company's values and who have demonstrated ethical behaviors in previous jobs.
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