NewsWhore
01-06-2009, 01:11 PM
The Department of Taxes (DGII) expects to collect upwards of RD$7 billion more in 2009 than in 2008, thanks to new programs that will be implemented this year. One of the new programs, involving the installation of cash registers directly linked to the DGII at leading stores nationwide will be fully in effect in July 2009. Tests are already under way.
This year the DGII is also establishing the Proyecto de Simplificacion Tributaria, a project that seeks to simplify tax reporting and is especially targeted to independent professionals and small businesses. Those adhering to the new program get a break from the tedious accounting and tax reporting schemes currently in place. Taxes would be paid on revenues at a fixed rate of 25-15%.
The DGII also expects increased collections to come from efforts of their new offices that are being opened in Santo Domingo city, Santo Domingo East, Santiago and La Romana. Tax collections are estimated to increase from RD$159 billion to RD$165 billion in 2009. Half of this increase is expected to come from the cash register program that is aimed at reducing tax evasion.
More... (http://www.dr1.com/index.html#7)
This year the DGII is also establishing the Proyecto de Simplificacion Tributaria, a project that seeks to simplify tax reporting and is especially targeted to independent professionals and small businesses. Those adhering to the new program get a break from the tedious accounting and tax reporting schemes currently in place. Taxes would be paid on revenues at a fixed rate of 25-15%.
The DGII also expects increased collections to come from efforts of their new offices that are being opened in Santo Domingo city, Santo Domingo East, Santiago and La Romana. Tax collections are estimated to increase from RD$159 billion to RD$165 billion in 2009. Half of this increase is expected to come from the cash register program that is aimed at reducing tax evasion.
More... (http://www.dr1.com/index.html#7)