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October 18, 2024
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They warn tax reform will harm border zone incentives

They warn tax reform will harm border zone incentives

Members of the Advice Business Border officials warned this Thursday that if the law on immigration is approved as proposed, Modernization Fiscal will injure the incentives of the area border.

Carlos Sanchezrepresenting the group, when reading the document called “Shout to the country from the border”, expressed that with the limitation and elimination of Law 12-21, which creates the area special Border Development, and Law 158-01, which establishes incentives to the emerging tourist centers, it would be contradicting the constitutional precept that establishes as a priority the progress of that area.

Furthermore, he stated that with that project They intend to mutilate the incentives that can promote development of the provinces Pedernales, Independencia, Elías Piña, Dajabón, Montecristi, Santiago Rodríguez, Bahoruco and other surrounding areas.

He indicated that there are currently 56 companies large, medium and small that are covered by the regime of incentives of Law 12-21 that has created more than 10 thousand jobsas well as dozens of other businesses that are in the process of classification.

He assured that if the project proposed by the Government Dominican those entities are condemned to disappear.

According to what has been published project of Modernization Fiscalsaid that in addition to mutilating the incentives at companies borderconditions these benefits to the presentation of a investment of five million dollars in depreciable assets and more than 100 jobs direct, which they consider would be excluding medium and small companies established on the border line and it would be an exaggerated economic amount and number of employees.

“We consider that if the piece is approved as it was sent, it would be a attempt deadly against area border, which as we all know is the most depressed in the country,” he argued.

Instead, Carlos Sanchez understands that the State must take care of it and develop it as a guarantee of the sovereignty national, as established by the Constitution of the Republic in its article 10 (which indicates that security, development economic, social and tourist Border Zone is of national interest).

The borderers advocated for their voice be heard in the Congress National during public hearings.

Incentives intact

They propose to Government Central and Congress National that the regime of incentives for him development of the area border is left intact as established by the aforementioned laws.

For their faithful compliance, they ask to establish the mechanisms bureaucratic and control necessary to expedite the classification procedures of the companies applicants for regime of incentives of Law 12-21.

At the same time, they ask government authorities to give priority to the construction works. infrastructure that are in the process of execution.

He Advice Business Fronterizo is made up of a group of businessmen and associations.

Graduate of Social Communication from the Dominican University O&M. He has more than a decade of journalistic practice. Proud father of Lía and Eva.

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