2001News

Too many taxes complicating businesses

The Confederacion Patronal Dominicana, an association of business owners, said that the tax situation has become so confusing that businesses have to create special new departments to manage them. In an interview in Hoy, the organization’s president, Fabio Herrera Roa stated that businesses have to visit the different tax offices five times a month to make payments. They need to pay the Social Security Agency for employee benefits and then for the workmen’s accident policy, the ITBIS (point-of-sale) tax office, and the Customs Service, in addition to the Direccion General de Impuestos Internos (the internal revenue office). He suggested that the Internal Revenue Office take steps to unify the payments.