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DGII proposes talks for tax increases

Tax Department (DGII) director Guarocuya Felix is advocating for a series of talks towards a tax pact. Felix believes there is room for an increase in taxation. Speaking yesterday, Wednesday 19 February, he mentioned that the Dominican Republic is one of the countries with the lightest tax burden, due to the fact that its structure is very difficult to administer. Felix said that they were working on increasing state income and one sign of this is the improvement in tax administration, as established in the National Development Strategy. He recalled that authority over fiscal policy rests in the Ministry of Hacienda.

Felix was speaking to reporters at the Presidential Palace during a presentation of a report on tax statistics. Three international agencies presented a report in which they establish that the tax income of the Dominican Republic and another 17 countries are inferior to that of other countries, despite their increase in relation to the Gross Domestic Product (GDP).

Source: DR1

Category: DR News |

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Last updated December 6, 2016 at 12:34 PM
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