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View Full Version : No new tax reform



NewsWhore
08-25-2009, 04:50 PM
Juan Hernandez, director of the Tax Department (DGII) discarded an increase in taxes for the next three years. Hernandez explained that Hacienda makes the country's fiscal policy, not the Tax Department. Minister of Hacienda Vicente Bengoa had said earlier that despite the fact htat the country's revenues for 2009 are well below what was expected, there would be no increasing taxes to fill the gap.
Hernandez commented though tax based revenues have decreased by 2% between January-July, the regional average decline is14%.

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