2014News

San Francisco strikes against tax-registering machines

San Francisco de Macoris businesses, with the support of the Dominican Traders Federation (FDC) president Ivan Garcia have announced that they will strike in protest at the requirement to install cash registers linked to the Tax Department system. The government is requiring all businesses with sales of over RD$7 million a year, or purchases of RD$30 million to install these cash registers. Garcia said the protest could spread to nearby towns of Salcedo and Nagua. The installation of the machines is aimed at reducing tax evasion and will oblige more businesses to go formal. The DGII says that most of the country’s taxes are paid in Greater Santo Domingo.