{"id":231587,"date":"2025-02-19T05:25:00","date_gmt":"2025-02-19T09:25:00","guid":{"rendered":"https:\/\/dr1.com\/news\/?p=231587"},"modified":"2025-02-19T08:01:59","modified_gmt":"2025-02-19T12:01:59","slug":"whos-paying-taxes","status":"publish","type":"post","link":"https:\/\/dr1.com\/news\/2025\/02\/19\/whos-paying-taxes\/","title":{"rendered":"Who\u2019s paying taxes?"},"content":{"rendered":"\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><img src=\"https:\/\/dr1.com\/news\/wp-content\/uploads\/2025\/02\/Dinero-El-Dinero-1024x711.png\" alt=\"\" class=\"wp-image-231621\" width=\"600\" srcset=\"https:\/\/dr1.com\/news\/wp-content\/uploads\/2025\/02\/Dinero-El-Dinero-1024x711.png 1024w, https:\/\/dr1.com\/news\/wp-content\/uploads\/2025\/02\/Dinero-El-Dinero-300x208.png 300w, https:\/\/dr1.com\/news\/wp-content\/uploads\/2025\/02\/Dinero-El-Dinero-768x533.png 768w, https:\/\/dr1.com\/news\/wp-content\/uploads\/2025\/02\/Dinero-El-Dinero.png 1492w\" sizes=\"(max-width: 706px) 89vw, (max-width: 767px) 82vw, 740px\" \/><\/figure><\/div>\n\n\n\n<p>The Dominican Republic&#8217;s 2024 tax revenue shows strong growth, driven by the sales tax and gold taxes. The tax agency, DGII reports robust tax collection figures for 2024, with a total of RD$846.46 billion, representing a 10.5% increase compared to the previous year. <\/p>\n\n\n\n<p>The DGII explains the strong tax revenue performance is a result of the increased economic activity in general. The sales tax (ITBIS) increase reflected the 12.1% rise in total transactions and a 10.1% increase in taxable transactions.<\/p>\n\n\n\n<p>The local sales tax (the ITBIS), mostly at 18%, generated the most of the taxes, or 24.6% of the total tax revenue \u2013 RD$207.94 billion, a 10.3% increase over 2023.<\/p>\n\n\n\n<p>The DGII numbers show that the mining sector contributed RD$12.94 billion, up from RD$4.33 billion in 2023. The growth is attributed to higher gold prices and the expiration of tax credit compensations.<\/p>\n\n\n\n<p>Personal income tax showed a healthy growth of 13.6%, for RD$13.92 billion.<\/p>\n\n\n\n<p>Corporate income tax and asset tax collections were up slightly by 3.6%.<\/p>\n\n\n\n<p>Read more in Spanish:<br><a href=\"https:\/\/eldinero.com.do\/314616\/ingresos-por-itbis-representaron-el-24-6-de-recaudaciones-totales-en-2024\/\">El Dinero <\/a><\/p>\n\n\n\n<p>19 February 2025<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Dominican Republic&#8217;s 2024 tax revenue shows strong growth, driven by the sales tax and gold taxes. The tax agency, DGII reports robust tax collection figures for 2024, with a total of RD$846.46 billion, representing a 10.5% increase compared to the previous year. The DGII explains the strong tax revenue performance is a result of &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/dr1.com\/news\/2025\/02\/19\/whos-paying-taxes\/\" class=\"more-link\">Read more\u2026<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[337,3],"tags":[],"_links":{"self":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/231587"}],"collection":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/comments?post=231587"}],"version-history":[{"count":4,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/231587\/revisions"}],"predecessor-version":[{"id":231622,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/231587\/revisions\/231622"}],"wp:attachment":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/media?parent=231587"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/categories?post=231587"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/tags?post=231587"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}