NewsWhore
07-07-2011, 02:50 PM
National Business Council president Manuel Diez Cabral has rejected a bid by the Department of Taxes (DGII) to impose retroactively the newly approved 29% income tax on business profits. The income tax on business had been 25%, but was just raised to 29%.
Diez Cabral said the disposition that would be apply to companies that closed their fiscal year in December would be in violation of the Constitution, as reported in El Caribe.
More... (http://www.dr1.com/index.html#6)
Diez Cabral said the disposition that would be apply to companies that closed their fiscal year in December would be in violation of the Constitution, as reported in El Caribe.
More... (http://www.dr1.com/index.html#6)