NewsWhore
01-03-2007, 04:10 PM
The Department of Taxes (DGII) has announced that the taxes included in the tax package approved by Congress will go into effect this August. Bill 495-05 (the tax "correction" bill) stipulates that the new stickers for circulation or road tax will have to be acquired between August and October 2007. Vehicles entering the country before 31 July will be subject to the current rate of RD$2,200 for their license plates. The cost of renewing license plate stickers will soar to over RD$5,000 for the newest vehicles, and for those between five and ten years old the tariff will be RD$3,000. For older vehicles, the cost will be RD$1,500. All these taxes will be adjusted for inflation on a yearly basis.
The tax package was not signed into law yet law as it was resent to Congress to be harmonized with the DR-CAFTA.
More... (http://www.dr1.com/index.html#11)
The tax package was not signed into law yet law as it was resent to Congress to be harmonized with the DR-CAFTA.
More... (http://www.dr1.com/index.html#11)