NewsWhore
09-25-2007, 05:50 PM
During the Eighth Ministers Council, held over the weekend in Casa de Campo, finance ministers from Central America, Panama and the Dominican Republic agreed to increase efforts to harmonize tax schemes within the region. Outgoing council president, DR Treasury Minister Vicente Bengoa explained that in the current year the Council has created two documents that meet this goal: the agreement to prevent double taxation and the agreement for good practices for incentives. Bengoa said that those documents should be formalized in the next months, and added that it was a vital part of making the integration of the DR-CAFTA countries a reality. During the conference, the IMF, World Bank and the Inter-American Development Bank agreed to create a disaster fund for Central America and the DR. Bengoa said that Mexico would be included in the fund because of its geographical location. The Ministers designated a representative from each country to meet at the IDB, World Bank and IMF Conference in Washington, D.C.
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More... (http://www.dr1.com/index.html#3)