Retailers to pay less advance tax on gross sales
The Direccion General de Impuestos Internos, the department of taxes, and the Federacion Dominicana de Comerciantes (FDC), a major association of retailers, agreed on a 0.4% reduction in the advance gross sales tax to be paid by these. The government agreed that retailers selling more than RD$6 million a year will pay 1.1% monthly advance …