The director of the Center for Industrial Development and Competitiveness (Proindustria) favors the elimination of the 18% ITBIS tax on uncollected bills and the 1% on assets.
Proindustria director Alexandra Izquierdo expressed her concern that local manufacturing is losing its share of GDP. Alexandra Izquierdo says that no country can develop with a declining productive sector. She added that measures must be taken to reduce the high cost of energy.
Read more in Spanish: http://www.listin.com.do/economia-and-negocios/2014/8/26/335133/Preocupa-caida-de-la-actividad-industrial