Department of Taxes reports large increase

[NewsWhore]

The Department of Taxes (DGII) has reported income of RD$13.4 billion for January, a 61% increase on the money received in 2006. According to a press release from the DGII, the government office received over RD$3 billion more than it had projected. Corporate and personal income taxes made up 44% of the large income and the VAT and luxury taxes made up most of the rest of the income. Personal income tax collection was reported to be up 94% as a result of stiffer government regulations.

More... (http://www.dr1.com/index.html#5)