In the first two years since the DGCine Law 108-10 was passed, the Dominican government has approved RD$297.18 in tax credits for Dominican-made movies. Former DGCine director Ellis Perez told El Dia that the RD$1.5 billion represented the total budgets of the films, not the tax exemptions. He said this is the total value, but many of these budgets have not yet been spent. Perez said that in the first two years that the film law has been in effect, the Inter-sectorial Council for the Promotion of the Movie Industry (CIPAC) approved RD$376.8 million in tax credits for films already completed from 2012-2013. He said the tax credit total needed to be validated by the government institutions involved in the process, including Hacienda and the Tax Department (DGII). Perez added that the companies would then receive incentives for the sum of RD$280.5 million in April 2014.
Perez, who directed the Cinema Department for its first two years, is now the Presidential filmmaking advisor. He was replaced by Yvette Marichal, former director of creativity and public relations for the Funglode Film Festival.