PDA

View Full Version : Montas: Businesses keep ITBIS tax



NewsWhore
05-24-2007, 03:11 PM
Listin Diario writes today that they have discovered that 4,700 businesses have failed to pay the ITBIS tax since January. This amounts to a total sum of RD$130 million and was discovered due to the application of the fiscal receipt number (NCF) that crosschecks ITBIS payments. Tax Department (DGII) deputy director Germania Montas said that 4,700 businesses had issued invoices for the ITBIS but had kept the money instead of giving it to the government. These businesses will be contacted. The initial results show the efficiency of the NCF in increasing tax collections. Montas made her comments during a meeting held with the Canadian Chamber of Commerce at UNIBE University.

More... (http://www.dr1.com/index.html#10)