The Direccion General de Impuestos Internos (DGII), the tax bureau, said that it will administratively extend the exemption to pay the 1.5% advance tax on sales to businesses selling up to RD$6 million a year. The law states the exemption is only for businesses making up to RD$2 million. The government has submitted a modification to the law, but Congress has not yet passed the modification. The DGII department said that it is allowing businesses a 15-day extension on the deadline to pay the tax. After 28 February, businesses will have to pay a 12.58% surcharge. The advance on sales tax was primarily instated seeking to collect taxes from businesses that carry out millionaire transactions every year while declaring losses.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Direccion General de Impuestos Internos (DGII), the tax bureau, said that it will administratively extend the exemption to pay the 1.5% advance tax on sales to businesses selling up to RD$6 million a year. The law states the exemption is only for businesses making up to RD$2 million. The government has submitted a modification … <\/p>\n