DGII opens vehicle circulation tax renewal period
The Tax Agency (DGII) announces the renewal of the vehicle circulation tax starting 22 October 2024. The cost of the tax is the same as in 2023. The government had proposed to double the tax, but this increase was postponed after President Luis Abinader announced on Saturday he would retrieve the proposal sent to Congress to increase taxes.
The tax when originally drafted had taxed vehicles based on their market value. This was later changed to two basic taxes, one for old vehicles and another for new ones.
The DGII says as of 22 October 2024, people may request the 2024-2025 vehicle circulation tax, commonly known as the “marbete”. This renewal process covers 1,893,024 eligible vehicles and is expected to generate RD$3,137,673,000 in revenue.
The DGII confirmed that the tax rates for the marbete will remain unchanged from the previous period:
• Vehicles manufactured up to 2019: RD$1,500.00
• Vehicles manufactured in 2020 and later: RD$3,000.00
In a press release, the tax agency stated that the renewal process will be available at 49 financial institutions with 859 branches nationwide, as well as at the DGII tax offices in Villa Vásquez, Montecristi province, and Sánchez, Samaná province, until Friday, 31 January 2025.
Additionally, taxpayers can renew their circulation permit online through the DGII’s website and mobile app starting from the beginning of the renewal period until Sunday, 19 January 2025.
Source: DR1, DiarioLibre
Oct 23, 2024
Category: DR News |