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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.

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COMMENTS
13 comment(s)
Written by: foresthill, 10 May 2012 7:46 AM
From: Dominican Republic
Dear Mr. Cabral, You are presently supporting a corrupt government. it is that government that you should be fighting and not your bank, IMF's conditions on loans.
Written by: zooma, 10 May 2012 7:50 AM
From: United States


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.


Written by: josean, 10 May 2012 8:07 AM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016




Then you better not support the PLD because that's the second thing they do best; RAISE TAXES!

The FIRST of course is STEALING!



Written by: Atabey, 10 May 2012 8:15 AM
From: United States, NYC

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.
Written by: anthonyC, 10 May 2012 8:35 AM
From: United States
My brother-in-law best explained it when he said that "Sure the PLD steals....But they steal a lot less than the PRD and they actually get some things done."
Written by: josean, 10 May 2012 8:51 AM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016



Does you brother in law buy Communist Sofa's at IKEA just like you?


Written by: BASTA, 10 May 2012 10:39 AM
From: Dominican Republic, =Ghetto/Legalize Drugs/Free abortions for all
But they steal a lot less than the PRD and they actually get some things done.=Bull Shit
Written by: vacanos, 10 May 2012 11:21 AM
From: United States, An appeaser is one who feeds a crocodile, hoping it will eat him last.

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

Written by: Ricardolito, 10 May 2012 11:34 AM
From: Dominican Republic, calle A.Portes
It is good that CONEP should stand up to the IMF on this matter ..and I would also support the government disagreeing with IMF ,,there is no need for the ITBIS to be increased ..and what nonsense Josean writes simply becaue some IKEA products are made in China ..does that mean we cannot buy a good product simply for that reason .??
Written by: josean, 10 May 2012 11:40 AM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016


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


Written by: lovingit, 10 May 2012 1:28 PM
From: United States, Delaware
Implement income tax and reduce ITBIS. The country will make much much more money. Nearly everybody has or want to work, is your option on what or where you buy.
Written by: DaveB, 10 May 2012 4:42 PM
From: United States
Maybe you could join everybody in this century and industrial reality. Get over the delusion of a few Ciban-made couches dominating world retail.
Written by: DaveB, 10 May 2012 4:43 PM
From: United States
Cuban, not Ciban. Tiny keyboard.
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