NewsWhore
11-16-2010, 01:30 PM
The Department of Taxes (DGII) clamped down on 8,000 betting shops yesterday, closing them down for failing to comply with General Regulation 07-2010 that orders them to pay a retainer fee on the 15% betting shops need to deduct from winners of cash prizes. El Dia reports that most of the 8,000 shops are registered to only 27 owners who were given five days to comply with the regulation, after the deadline, said Germania Montas Yapur, acting director of the DGII.
The shops need to comply with the regulations, or they will lose their operating licenses. As reported in El Dia, as of yesterday only 2% of the 28,324 betting shops registered with the DGII had paid up. The DGII reports that 92% of the 60 casinos had met their obligation to pay the retainer fee, as also established in the law. The DGII has fallen behind in its estimated tax collections. The DGII had estimated it would receive RD$80 million a month from the tax, as reported in Hoy. The newspaper adds that there are 28,324 betting shops in the country, registered in the name of 4,736 managers/owners. The top 27 proprietors account for almost 8,000 of these.
More... (http://www.dr1.com/index.html#5)
The shops need to comply with the regulations, or they will lose their operating licenses. As reported in El Dia, as of yesterday only 2% of the 28,324 betting shops registered with the DGII had paid up. The DGII reports that 92% of the 60 casinos had met their obligation to pay the retainer fee, as also established in the law. The DGII has fallen behind in its estimated tax collections. The DGII had estimated it would receive RD$80 million a month from the tax, as reported in Hoy. The newspaper adds that there are 28,324 betting shops in the country, registered in the name of 4,736 managers/owners. The top 27 proprietors account for almost 8,000 of these.
More... (http://www.dr1.com/index.html#5)