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  • CarlosM2000: The article above is not completely correct. The way it will work is that the state will sell all of the assets (furniture,...

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realclearworld

Cuban government tightens the screws on private businesses

In practice, it appears obvious that the magnanimous and marvelous "reforms" of Cuba's apartheid Castro dictatorship are not all that magnanimous or marvelous.

Via Café Fuerte (my translation):

Cuban government tightens the screws on private businesses

http://cafefuerte.com/wp-content/uploads/2014/01/Chopis02.jpg

This Wednesday the Cuban government implemented new regulations for private businesses that impose higher fines, license prohibitions, and the confiscation of goods and property of those who violate the laws regulating private business in the country.

Law 315 from the Council of State, which was signed by Raul Castro, updates laws established in 2010 to regulate private business and makes a serious crime the offering of services not expressly authorized, the commercialization or distribution of items and raw materials that are prohibited or obtained illicitly, and not being registered with the official government taxing authority to pay taxes.

Continue reading (in Spanish) HERE.

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