The general director of Customs (DGA), Eduardo (Yayo) Sanz Lovatonhighlighted today that with this reform of modernization fiscal, President Luis Abinader seeks to leave a legacy so that Dominican society can enjoy a better future for decades.
Sanz Lovatonhighlighted that it is the first time that a proposal for reform fiscal with progressive elements (tax scheme that proposes that the richest pay more)
He recalled that the history of reforms tributary The only thing that the Dominican Republic did was expand the Tax on Industrialized Goods and Services (Itbis).
The official stated that this proposal modernization fiscal Its purpose is not to leave anyone behind. He also said that, although the reform It may have defects, it may have opportunity for improvements: “It is the first proposal in the economic history of the Dominican Republic that presents progressive elements.”
Reform fiscal
He highlighted that the Dominican Government with the proposal of reform fiscal is asking Dominicans with greater economic resources to contribute to improving the Dominican tax system.
The draft “Law of Tax Modernization“was presented yesterday during La Semanal con la Prensa and introduced this Monday before the Chamber of Deputies by the Minister of Finance, José Manuel Vicente (Jochi).
The piece plans to raise 122,486.6 million pesos per year.
