Gutter Meat
08-25-2004, 12:49 PM
WHY DO I GET THE FEELING THEY ARE GOING TO RAISE THE PRICE OF TOURIST CARDS FROM $10 TO $20 AFTER READING THIS ARTICLE. THEY ALL READY DID IT TO THE EXIT TAX THAT YOU PAY IN YOUR AIRLINE PRICE.
Exit tax raises a lot of money
A larger number of people leaving the Dominican Republic has produced a RD$1-billion windfall for the National Treasury. According to Idonelia Perez Blanco at El Caribe, the economic crisis has prompted many to leave the country and during the first seven months of this year, 291,000 more people went through the nation’s departure terminals than in 2003. The increased exit tax has meant an extra RD$1.669 billion for the nation’s coffers, with internal revenue figures reporting a 400% increase in collections this year. Because of a move that increased the departure tax from US$10 to US$20 at the beginning of the year, collections have jumped from RD$579 million to RD$2.248 billion. Another increasingly large sum is being reported from the sale of tourist cards, which has reportedly garnered RD$775.7 million so far this year, representing an increase of RD$388 million more over last year at this time.
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Exit tax raises a lot of money
A larger number of people leaving the Dominican Republic has produced a RD$1-billion windfall for the National Treasury. According to Idonelia Perez Blanco at El Caribe, the economic crisis has prompted many to leave the country and during the first seven months of this year, 291,000 more people went through the nation’s departure terminals than in 2003. The increased exit tax has meant an extra RD$1.669 billion for the nation’s coffers, with internal revenue figures reporting a 400% increase in collections this year. Because of a move that increased the departure tax from US$10 to US$20 at the beginning of the year, collections have jumped from RD$579 million to RD$2.248 billion. Another increasingly large sum is being reported from the sale of tourist cards, which has reportedly garnered RD$775.7 million so far this year, representing an increase of RD$388 million more over last year at this time.
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