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US pulls Dominican Republic off its tax transparency ‘black list’

Washington.- The United States on Thursday listed Ecuador, Nicaragua, Haiti and Belize among the countries that, in Washington’s view, fail in fiscal transparency, in the State Department’s annual evaluation of nations that receive US financial aid .

This year Ecuador appears at the top among countries which the annual report criticizes over a lack of fiscal transparency, while pulling the Dominican Republic off the same “black list” in which had figured since 2012.

The annual report released today, examines the fiscal transparency level in 140 countries which receive US bilateral assistance, an evaluation which State has done since 2012.

Argentina, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, El Salvador, Guatemala, Honduras, Jamaica, Mexico, Panama, Paraguay, Peru, Trinidad and Tobago and Uruguay are the countries that comply with minimum fiscal transparency requirements, according to Washington.

In contrast, Ecuador, Nicaragua, Haiti and Belize appear among the 57 countries that do not meet minimum fiscal transparency and, moreover, “aren’t making significant progress” to achieve it.

Source: DT

July 30, 2016

Category: DR News |

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Last updated October 22, 2016 at 2:00 PM
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