Close Gallery
ONEC chairman Ernesto Martínez
Zoom Picture

Santo Domingo.- The country’s retailers grouped in the ONEC on Tuesday asked president Danilo Medina to eliminate the country’s tax distortions, which, among other things, provides tax breaks to companies operating outside the territory, which in their view nether create jobs nor contribute to the economy nor to development.

"Our businesses, our employees, our suppliers today struggle for their survival, we’re not competing on equal terms," said ONEC chairman Ernesto Martínez in an open letter to Medina, signed by 21 business groups nationwide.

He said urgent measures are needed to correct at once the serious distortions contained in Decree 402-05, which provides generalized tax exemptions to companies operating outside the country, and don’t create any jobs or pay taxes within the Dominican Republic.

Martinez added that more than 25 business and associations that represent the country’s productive sectors requested equal tax status in November last year.

Share / Recommend this article: FacebookFacebook Digg thisDigg this del.icio.usdel.icio.us TechnoratiTechnorati YahooYahoo Facebook
COMMENTS
1 comment(s)
Written by: josean, 2 Jul 2014 10:14 AM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016



‘tax distortions’

..........Only thanks of course to NARCO Lie-onel, Saint Danilo and the PLD!



Post Your Comment | Not a member? Create your account | Lost your password?
Write your opinion here. Please keep your comment relevant to this article. Please note that any comments which contain offensive language or discriminatory expressions may be edited/removed.
You must log in to post a comment:
Username Password