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Santo Domingo.- National Free Zones Council president Luisa Fernandez today said the sector’s acquired rights cannot be violated, in reference to the proposed tax package which levies 10% on dividends and 5% on gross sales in the local market.

She said that the proposal can be applied only after the period of the contracts is fulfilled, some of them as long as 20 years.

After a meeting of more than one hour with Presidency chief of staff Gustavo Montalvo, the business leader said the industry is concerned because they understand that paying more taxes can create havoc.

Nonetheless Fernandez noted that package isn’t a done deal, and in her view president Danilo Medina has only made a proposal to be discussed. "What has been done is a proposal, President Danilo Medina has said this, he said he won’t fail to recognize the rights we’ve acquired."

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COMMENTS
15 comment(s)
Written by: josean, 5 Oct 2012 3:56 PM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016


Saint Danilo in Hot Water because of his Bull Shit Rhetoric during the Campaign!

“Danilo promised to "distribute the wealth created" by Leonel. So what now?“

He poured the praise in favor of Leonel Fernández and his administration, and Leonel also basked in the glory of his own economic miracle, a situation that is far from the "hard reality" that President Danilo Medina now describes”

SANTO DOMINGO, Dominican Republic.-On May 8 last year then-presidential candidate Danilo Medina promised that a fourth PLD mandate under his leadership would be to distribute the wealth generated during the administrations of President Leonel Fernández.

"It is an unquestionable truth that during administrations headed by President Leonel wealth has been created like never before." "What is needed now is action so they reach the poorest sectors,"Dainlo said.

Read the rest at:

Written by: josean, 5 Oct 2012 3:57 PM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016

Danilo prometió "distribuir riquezas creadas" por Leonel ¿Y ahora?

Los elogios llovían a favor de Leonel Fernández y su gobierno, y el propio gobernante se vanagloriaba de su milagro económico, situación que dista mucho de la "realidad dura" que ahora describe el presidente Danilo Medina

acento.com.do/index.php/news/22203/56/Danilo-prometio-distribuir-riquezas-creadas-por-Leonel-Y-ahora.html


Written by: juanb, 5 Oct 2012 6:21 PM
From: Dominican Republic

This is not the coup de grace that some people believe it to be.

That death blow was dealt to the free zones many years ago when the crooks and thieves in Congress took 4 years to pass the laws necessary to comply with DR-CAFTA. It took the other Caribbean countries 4 weeks to comply with the regulations. All of our free zone work went to those countries, leaving us with nothing. The free zones today would make great movie locations for films involving ghost towns. Our legislators were too busy to get to this important business. Busy with what you may ask.

It doesn't matter. We lost 250,000 free zone jobs over the past ten years because we couldn't pass a couple of laws.

Nice work, guys.
Written by: Atabey, 5 Oct 2012 7:03 PM
From: United States, NYC
Thanks for giving some prospective on the issue Juanb. A quarter million jobs is an enormous number of jobs for a small nation like the DR.
Written by: dreamkiller, 5 Oct 2012 8:15 PM
From: Falkland Islands (Islas Malvinas), The Dentist will see you now
And a mind is a terrible thing to waste.......poor josean what a waste
Written by: elBuscoon, 5 Oct 2012 8:28 PM
From: Cuba, La Havana, Que Viva La Revolucion

Looks like Free Trade Zones "Will be a thing of the past"

Just like the "Carwash"

It's all over......Next
Written by: josean, 5 Oct 2012 8:31 PM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016



Jitters are what dreamkiller has every moring until that first pint of gin!






Written by: Atabey, 6 Oct 2012 9:07 AM
From: United States, NYC

And others say that's what you experience before sitting on a HippoCacalami for breakfast! LOL
Written by: josean, 6 Oct 2012 9:30 AM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016


“CACALAMI” thank you for honoring me by using the term I coined, just remember to footnote the source as it is copyrighted!



Written by: elBuscoon, 6 Oct 2012 9:45 AM
From: Cuba, La Havana, Que Viva La Revolucion

lady's....lady's......Please!
Written by: josean, 6 Oct 2012 9:59 AM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016



dreamkiller is no Lady, although I have heard she/he dresses up as one from time to time, which he/she is perfectly free to do in calle 8!

As a matter of fact that's why he left CUBA!




Written by: josean, 6 Oct 2012 10:23 AM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016


josean is vindicated when he baptized Leonel Fernandez as ”LIE”-ONEL!


“Leonel Fernández and Danilo Medina are now called International Crisis”

“In the announced tax reform the major objective was already found; to justify that the impunity of the past government of Leonel Fernández “

SANTO DOMINGO, Dominican Republic.- Scruples do not exist. They have made LYING a useful tool to deceive and maintain power. Democratic legitimacy enters a phase of implicit compulsion, whether we like it or not.

This article is a must read!

Read the rest at:

Más caraduras que Leonel y Danilo no aparecen ni en los centros espiritistas

¿Leonel Fernández y Danilo Medina se llaman ahora Crisis Internacional?

¿La Reforma Tributaria anunciada es la gran operación para terminar de justificar que la impunidad del Gobierno pasado de Leonel Fernández encontró ya su justificación?

continued:

Written by: josean, 6 Oct 2012 10:25 AM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016


"SANTO DOMINGO, República Dominicana.-Escrúpulos no existen. Han hecho de la mentira una herramienta útil para engañar y mantener el poder. La legitimidad democrática entra en una fase de compulsión implícita, nos guste o no."


acento.com.do/index.php/news/22210/56/Leonel-Fernandez-y-Danilo-Medina-se-llaman-ahora-Crisis-Internacional.html


Written by: JDJones, 7 Oct 2012 4:37 PM
From: Dominican Republic
I run a free zone business. If this goes through, it would be a classic example of stabbing free zone operators in the back.

I'm pretty sure it's not going to make it.
Written by: abc200, 7 Oct 2012 6:20 PM
From: United Kingdom, Dominican Republic
Free Zones have been finished a long time in the DR. So what is there to cry about?
Most workers can grow enough food to feed themselves on family plots.

abc200
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