Santo Domingo.- National Business Council (Conep) president Manuel Diez Cabral said on Wednesday they’ll not support any reform to exclusively increase income as the International Monetary Fund’s (IMF) technical note “tributary measures for fiscal adjustment” states.
He said the measures proposed in the document are cause for concern, its approach would jeopardize productive sectors and don’t form the base for an integral tax reform as the business sector demands.
For Diez the measures suggested in the document only seek to identify new taxes without dealing with the reduction, efficiency and quality in government spending, as well as fairness and efficiency in tax collection.
He noted that in the Fourth Entrepreneurial Convention in November, the sector traces the guidelines for an integral tax reform, whose specific objective is a new fiscal system.
The IMF recommended to the Government to raise the ITBIS sales tax from 16 to 18%, eliminate the tax breals to productive sectors and reduce the exemptions.


When the government political fat cats of all parties take major cuts in salary and perks is when there should be talk of tax reform.
Then you better not support the PLD because that's the second thing they do best; RAISE TAXES!
The FIRST of course is STEALING!
Yes, and guess what: What has the PRD done when in office?
The DR political establishment has to change its tune. And all those perks and other market distorting issues need to be adjusted to the new reality: better government via more transparency, less corruption, less "botellas," more real jobs, less theft of energy resources, PAYMENT OF TAXES-because WE ALL SHOULD KNOW that there is a very long tradition of hiding resources and NOT PAYING TAXES in DR. Same as in many other Latin nations.
Does you brother in law buy Communist Sofa's at IKEA just like you?
Close your door or go to the mountain THE IMF IS CALLING. These Libs will never learn how to run a country.
For the record this is the debts given to us by our leaders
JOAQUIN BALAGUER-------22 YEARS 1.1 BILLIONS DOLLAR
OPPOSITION PARTY--------24 YEARS 27 BILLIONS DOLLAR
Not China you idiot the commies you don't like:
Report: IKEA used Cuban prison labor to make furniture in the late 1980s
The Swedish company says it had an arrangement of a limited nature with Cuba and is investigating the allegations
By Alfonso Chardy
achardy@elnuevoherald.com