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October 16, 2024
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Filmmakers hope incentives will be maintained in tax reform

Filmmakers hope incentives will be maintained in tax reform

While outside the Congress Hundreds of people protested against the tax reforminside the building members of the Dominican Association of Film Professionals (Adocine) presented arguments to convince the Finance Commission of the Chamber of Deputies not to eliminate the incentives of the reform project.

Hans Garciapresident of Adocine, let the legislators that, if the regulations are altered, they project the loss of some 25,000 jobs and the bankruptcy of more than 300 companies, not counting the end of foreign investments left by international producers that use the country’s locations.

Although the proposal was not elaborated on, García described it as “unfair” and “abusive” that he was only given 72 hours to present a proposal in accordance with the needs of the industry and its benefits to the country.

“We agree that the State needs to know how much it will cost them and what the investment in cinema will be each year”Ivan ReynosoFormer president of Adocine

Iván Reynoso, former president of Adocine, indicated that they are willing to review the Film Lawso that the expenses are divided. Supports putting a cap.

“What we want to be understood is that this is a competitiveness law, and this works in synergy, it is not one-sided,” Reynoso said. He added that the local industry must be developed so that foreign investment continues to arrive.

protests

In front of Congressthe protesters They dressed in black and endured the heat to ask the legislators take into account your requests. “Without law there is no cinema,” shouted the group, among which there were actors, producers, directors and students.

Leticia Breaone of the protesters, said that thanks to the incentives is that films are being made, which are presented at international festivals.

In that sense, he requested to analyze the proposal, since the country has positioned itself as one of the best in the region in the industry above Mexico and Argentina.

The project

He project of Tax Modernization Lawdeposited last week by the Minister of Finance, Jochi Vicente, seeks to raise around RD$122,000 million each year.

During Tuesday and this Wednesday the Finance Commission of the lower house has listened to the business sectors in order to make a better decision. For this Thursday, the commission will make a public viewin which the population can come to express their views on the tax reform.

From Arroyo Cano, San Juan. Journalist at Diario Libre. Passionate about web programming, digital marketing and SEO.

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