I was delighted to have been asked to deliver remarks as part of the panel organized by Silvia Pedraza (University of Michigan) for a panel on Cuba in Comparative Analysis organized by the Association for the Study of the Cuba Economy for the Latin American Studies Association Annual Meeting held in Boston, MA 27 May 2019.The text of my remarks,  The Fundamental Contradiction of Cuban Socialism in the “New Era”: Economic Reintegration Preserving the Revolutionary Moment, along… [read post]

Commercial Activity Tax Liability by Gross Receipts Range[3] Annual Gross Receipts Minimum Tax Liability CAT Liability $0 – $150,000 n/a n/a $150,001 – $1,000,000 $150 n/a $1,000,001 – $2,000,000 $800 0.26% on receipts > $1 million $2,000,001 – $4,000,000 $2,100 0.26% on receipts > $1 million $4,000,001+ $2,600 0.26% on receipts > $1 million The tax casts a broad net, applying to any person or business which “owns or uses any capital… [read post]