Lawmakers nix Web purchase tax in record time
Santo Domingo.- In an unprecedented measure, Dominican Republic’s Congress made a key amendment to the Tax Reform Law on Tuesday, just 72 hours after originally approving it on Friday.
The Chamber of Deputies declared the piece urgent and approved in two consecutive roll calls the amendment to the reform aimed at increasing tax revenue, eliminating the levy on low value items including online purchases of less than US$200.
The proposal passed unanimously with the votes of the 144 deputies, and after last week’s warnings from the U.S. Embassy and other sectors that the levy could violate the DR-Cafta free trade pact regarding goods bought via the Web.
Source: Dominican Today
Category: DR News |