[lbo-talk] Cuba allows foreign firms to pay in hard currency

uvj at vsnl.com uvj at vsnl.com
Sun Dec 9 13:18:06 PST 2007


Reuters.com

Cuba allows foreign firms to pay in hard currency http://www.reuters.com/article/worldNews/idUSN0731116520071207?sp=true

Fri Dec 7, 2007

By Anthony Boadle

HAVANA (Reuters) - Cuba on Friday said it will allow foreign companies to pay Cuban employees with hard currency, a move that legalizes widespread "under the table" payments and requires workers to declare and pay tax on that income. http://www.reuters.com/article/worldNews/idUSN0731116520071207?sp=true



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