2012News

The Chamber of Deputies passes tax overall

Without even reading or reviewing it, this morning, Thursday 8 November the Chamber of Deputies fast-tracked the Tax Reform Bill that had been received from the Senate. The bill was drafted to increase government revenues by RD$46 billion and compensate for 2012 when the Leonel Fernandez administration ran up a RD$187 billion fiscal deficit.

The bill was passed with 103 votes in favor, 68 against and five deputies did not vote.

http://www.diariolibre.com/noticias_det.php?id=358890&l=1

http://www.senado.gob.do/senado/Inicio/tabid/40/ctl/ArticleView/mid/439/articleId/976/Senado-Aprueba-En-Dos-Lecturas-Consecutivas-Proyecto-Reforma-Tributaria.aspx