NewsWhore
11-27-2006, 04:50 PM
The Dominican industrial sector is to hold talks with an International Monetary Fund representative this week in an attempt to demonstrate its belief that the government does not need to increase taxes to fulfill its commitment to the international financial organization. The position taken by the 36 commercial and industrial associations will be presented to Erik Offerdahl, the IMF representative in the DR. According to Listin Diario, the government experts still do not have the list of new taxes ready for study. The paper says that in just one sector, alcoholic beverages, seven scenarios have been prepared. The paper also says that the best-kept secret is just how President Fernandez will treat the Income Tax. Some are speculating that the minimum salary subject to the tax will be lowered to RD$18,000 per month.
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More... (http://www.dr1.com/index.html#2)