The executive vice president of the Association of Industries of the Dominican Republic (AIRD) Circe Almánzar, considered that the distortions that it represents for the industrial sector and the tax system, the importation of used vehicles in the country, an activity that does not comply with the established regulations , constitutes unfair competition for the sector.
It also specified that the transaction of this type of vehicle is affecting the generation of income for the State, because to the extent that there is an undervalued product that does not meet the required standards, it not only affects importers, but, above all, government tax revenue.
He said that for this concept the State is not receiving sufficient collections, for which he agreed with the automotive sector, that the government should control imports of used vehicles that do not comply with the established procedures.
“What the automotive sector says is, and it is very right, that we must control what has to do with the importation of used vehicles, which do not comply with the regulations, and this is affecting the generation of state income,” he said. .
Recently, the United Group of the Automotive Industry of the Dominican Republic, which brings together the dealers of the main brands of world prestige, sent a letter to President Luis Abinader in which he identifies opportunities that could increase the revenue of the Treasury by RD $ 59,793 million for the importation of vehicles made by that sector. The entity explained that this could be achieved through the reliquidation of imported vehicles with undervaluation and correcting distortions and bad practices in the application of the Free Trade Agreement with the United States, according to Wendy Capellán, executive director of the group.
