NewsWhore
11-09-2006, 05:30 PM
The IMF has recommended that the Dominican government increase the ITBIS (VAT) tax from 16 to 18%, tax all bank money withdrawals, and tax almost all goods including fuel, fertilizers, laboratory pharmaceutical acquisitions, books and magazines. The IMF also suggested a 15% tax on money received, 2% on the value of imports, and an increase by 10 to 15% the retention on rentals and the payment on service benefits. Listin Diario reports that the IMF suggests an increase in the tax on alcohol at 20% and a 40% tax on cigarettes and a 1 to 1.5% increase on sumptuary assets. These measures will be implemented in order for the government to collect more than RD$28 billion in 2007.
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More... (http://www.dr1.com/index.html#2)