Dominican Import Duties - new automobiles

[Carlos Dalton]

I was recently informed by a [usually well informed] DR friend that the DR gov't intends to substantially reduce the national import duties/taxes on new & nearly new [ie less than 4 years old] automobiles, etc. This is to take place 'soon' [30 - 90 days], not MANANA! Has anybody heard of this new policy? Confirmation? Details? More information? The purpose of the reduction is to encourage Dominicans [& others] to purchase newer cars in better condition, removing some of the 15 - 25 year clunkers from active use. What will the new rates be? What will be the likely effects on the retail prices of new & near new cars. Thank you.

 

[Pascal Yhuello]

I suggest you visit the sit of the american chamber of commerce <A HREF="http://www.amcham.com">http://www.amcham.com</A> . There is a description of the new tax and import regulations