NewsWhore
06-22-2011, 06:20 PM
On the morning of Wednesday, 22 June, the Chamber of Deputies approved in a second reading the tax package that had already passed in the Senate. Since the deputies changed the bill, it now returns to the Senate for a second review. Senate president Reinaldo Pared Perez has said that the senators would approve the modifications made by the deputies Wednesday afternoon. This would be in time for the Corpus Christi long weekend. The ruling PLD party is majority in the Senate and the Chamber of Deputies.
The vote was 97 in favor, 69 against and two abstentions.
PLD spokesman, Pared Perez said the joint PLD congressional commission had thought hard on the changes made by the lower chamber in a first reading which eliminated the tax of 0.15% on cash withdrawals in banks starting at RD$20,000 and increased the income tax on companies from 27% to 29%.
More... (http://www.dr1.com/index.html#3)
The vote was 97 in favor, 69 against and two abstentions.
PLD spokesman, Pared Perez said the joint PLD congressional commission had thought hard on the changes made by the lower chamber in a first reading which eliminated the tax of 0.15% on cash withdrawals in banks starting at RD$20,000 and increased the income tax on companies from 27% to 29%.
More... (http://www.dr1.com/index.html#3)