re: Tax Reform Passage and ITBIS
Hmnn... I wonder what the proposed 16% ITBIS will mean for air passenger travel? Is is correct to assume that 16% will be added to the cost of a airline ticket or is this just for native Dominicans leaving the country? This seems pretty steep when you consider that the exit fee has already been increased to $20 from $10. Well, I guess the ITBIS will not be going up on general expenditures.
Probably not a fat chance that the Dominican Senate will reduce what the Chamber of Deputies proposed with ITBIS.
I cringe everytime I have to pay the 12% ITBIS on my hotel bills, which doesn't include the other 10% tacked on. 22% in impuestos is already at nosebleed level. :ermm:
Hmnn... I wonder what the proposed 16% ITBIS will mean for air passenger travel? Is is correct to assume that 16% will be added to the cost of a airline ticket or is this just for native Dominicans leaving the country? This seems pretty steep when you consider that the exit fee has already been increased to $20 from $10. Well, I guess the ITBIS will not be going up on general expenditures.
Probably not a fat chance that the Dominican Senate will reduce what the Chamber of Deputies proposed with ITBIS.
I cringe everytime I have to pay the 12% ITBIS on my hotel bills, which doesn't include the other 10% tacked on. 22% in impuestos is already at nosebleed level. :ermm: