NewsWhore
02-17-2011, 03:30 PM
The National Hotels & Tourism Association (Asonahores) and the Santo Domingo Hotels Association continue to create awareness among city citizens of the cost to property owners of a new council resolution that they have challenged on the grounds that it is double taxation.
The hotel associations say the double taxation would also affect landlords. The resolution was approved on 23 December 2010 and establishes that a house valued by the city government in RD$3 million, that now is exempt from paying taxes, would pay RD$6,000 a year, or RD$500 a month for the new tax. A house valued at RD$6 million would pay RD$12,000. This is in addition to Department of Taxes (DGII) real estate taxes.
"That is, capital city citizens will have to squeeze their family budgets to cover the inefficiencies of an administration that in their most recent budgetary report for July-September 2010 admitted they had spent RD$218 million on payroll and only RD$8 million on city government works. This violates Art. 21 of Law 176-07 that states that the municipal councils may only spend 25% of their budget on payroll and at least 40% on public works and capital investments," say the hotel associations in a press release.
More... (http://www.dr1.com/index.html#11)
The hotel associations say the double taxation would also affect landlords. The resolution was approved on 23 December 2010 and establishes that a house valued by the city government in RD$3 million, that now is exempt from paying taxes, would pay RD$6,000 a year, or RD$500 a month for the new tax. A house valued at RD$6 million would pay RD$12,000. This is in addition to Department of Taxes (DGII) real estate taxes.
"That is, capital city citizens will have to squeeze their family budgets to cover the inefficiencies of an administration that in their most recent budgetary report for July-September 2010 admitted they had spent RD$218 million on payroll and only RD$8 million on city government works. This violates Art. 21 of Law 176-07 that states that the municipal councils may only spend 25% of their budget on payroll and at least 40% on public works and capital investments," say the hotel associations in a press release.
More... (http://www.dr1.com/index.html#11)