They propose to Abinader to increase revenues from the import of vehicles. The United Automotive Industry Group of the Dominican Republic (GUIA-RD) presented on Thursday several proposals to increase revenues from that sector by President Luis Abinader regarding imports. One of the proposals establishes a new collection of taxes in the General Directorate of Customs (DGA), for the incorrect application of the Rules and Procedures of Origin of the DR-CAFTA.
In a communication, sent to Abinader, Wendy Chaplain, executive director of the entity, said that the method currently applied by the DGA comes from an administrative decision, established in the last administration, which causes large losses to the treasury.
“Only for this line the Treasury has stopped receiving the sum of RD $ 4,209 million during the period January-August 2021, which projected to December would amount to RD $ 7,659 million pesos, no longer received this year,” says Capellán.
He stated that another of the sources indicated by the automotive industry players is to eradicate the existing undervaluation in the values declared by many importers to the DGA, close to 50%, for which the valuation method of new vehicles must be corrected and abolished the accelerated depreciation table that is currently applied to used vehicles.
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GUIA-RD indicated that, according to estimates of Vehicle Manufacturers Dealerships, for this concept the State would be ceasing to receive more than RD $ 32,000 million for the end of December 2021, a calculation that is similar to the sector they represent.
They understand that another source of resources would come from reliquidating the vehicles cleared by Customs, since the vast majority paid taxes below the real market value and received “unduly” the DR-CAFTA tariff preferences, for which he believes that for this concept the Treasury could recover more than RD $ 11,862 million, if the years 2019, 2020 and until August 2021 are reliquidated.
As a summary, says the letter sent to President Abinader, with the implementation of the aforementioned measures, the Government will collect at least RD $ 59,793 million, now that a tax reform will not be submitted, which increases the taxes already established.
