Dolores Vicioso – Page 7190

Andres Aybar, president of the American Chamber of Commerce, has criticized the 1.5% tax on gross sales. The tax is deducted from the year end profits of companies with sales of over RD$6 million. The government requires companies to make monthly payments. If the company does not declare more profits than taxes paid, the money …

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The National Association of Young Entrepreneurs believes there should be no favoritism or privileges in the application of the 1.5% tax on gross sales. Jochi Vicente, president of the organization, says the tax is distorted and not well thought out. He said it is unfair in the case of all companies that are losing money. …

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El Siglo newspaper points out the high profitability of Dominican consulates abroad for those appointed to the posts. The newspaper says the consuls have been allowed by the government to pocket annually around US$50 million for services rendered, charging much more than the legal rates. The report says the consuls send back home only US$20 …

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The Association of Foreign Spirits (Aprobex) said that Chilean wine imports dropped from 81,439 boxes imported in the first half of 2000 to 41,520 boxes in the first two quarters of 2001. This means a 42.5% decline in taxes paid, despite a considerable increase in taxes. Jose del Castillo of Aprobex says taxes make up …

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The United States Embassy has announced that the US Postal Service (USPS) Priority Mail is now available to all Dominicans. The service will be provided through Securicor Segura outlets nationwide. US Embassy Charge d’Affairs, Janice Jacobs, says this alliance “is an example of how globalization will have repercussions more and more in the everyday lives …

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The Dominican Republic team lost 3-0 to Argentina yesterday in the World Youth Female Volleyball Championships. The tournament continues today at the Sports Palace in Santo Domingo and Santiago.

An audit carried out by the General Controller of the Nation shows irregularities in the handling of a RD$1.4 billion fund from January to August. The audit also points to the continuing lack of administrative controls in government in general. According to El Caribe newspaper, the audit exempts former President Leonel Fernandez from responsibility, instead …

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Former government officers Temistocles Montas and Simon Lizardo denied that RD$45 million are missing from the Banco de Reservas loan for hurricane repairs. In a written statement, the former Technical Secretary of the Presidency and Administrative Secretary of the Presidency said that “even the conclusions of the audit highlight that it is not true the …

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Rafael Molina Morillo, a former Dominican ambassador in the US and long time newspaper editor, urged former President Leonel Fernandez to heed the call to visit the Department for the Prevention of Corruption. “Go, doctor, go. And motivate your fellow government members to do the same. Nobody is accusing you, and even if they were, …

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The president of the Supreme Court, Jorge Subero Isa, said yesterday that if corruption in government is not punished the country will fall into a state of impunity that will encourage more corruption. He said in Listin Diario that corruption needs to be fought with preventive measures, such as the use of manuals and accounting …

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