The Association Dominican of Sports Benches (adobab) and the National Sports Banking Association This Friday they expressed their concern about the proposal of reform fiscal presented by the government, which proposes an increase from 1% to 16% in its contributions on gross sales.
Through a release of pressstated that the legislative piece also maintains an “operating tax” of 225,000 pesos annually, adjusted each year for inflation, therefore, the combination of these taxes would result in an “unsustainable” situation for their companies.
They argued that this situation could lead them to bankruptcy and, consequently, the loss of thousands of jobsas well as the increase in informality on the market, reducing the capacity of collection of the Dominican state.
“These changes, from our point of view, would make it impossible for the more than 2,500 benches sports registered throughout the national geography and would put at risk the progress achieved with the regularization plan of the transportation sector. gamblingwhich we have been promoting since February 2022,” they explained.
Likewise, they reiterated their willingness to contribute to the development of the country by paying taxes fair and adjusted to the financial reality of their activities.
“We hope to be able to dialogue with the government to avoid an unprecedented financial crisis in our sector and ensure the sustainability of the Regularization Plan,” they concluded.
