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Santo Domingo.- Dominican Republic’s Internal Tax Agency (DGII) on Monday said revenues to July topped RD$26.9 billion (US$628 million), or RD$5.6 billion more (26.5%) than a year ago, and 100.1% of projected.

It said revenues from January to July topped RD$191.2 billion, or RD$27.9 billion more than the same period in 2013, or 17.1% higher and 99.8% of projected.

The DGII said its collection figures exclude non-recurring income in both periods, of RD$22.2 billion from January to July.

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COMMENTS
14 comment(s)
Written by: chillinout, 11 Aug 2014 5:23 PM
From: Dominican Republic
From what sources did this money come from? Why did it increase from previous period?

Stories without all of the info.
Written by: Danilo, 11 Aug 2014 8:07 PM
From: Dominican Republic, SDQ --- VIGILADOR.COM (Beta) - Vigilando nuestra Quisqueya
Yet they want to tax our online purchases under $200!
Written by: PuntaCanaMike, 11 Aug 2014 8:31 PM
From: Dominican Republic
Your preferred party Danilo
Written by: Perception, 11 Aug 2014 10:19 PM
From: United States
'KinG "I" KinG, Faith IV "SOL" II Henry".

By SS.


SS: Abbreviation for Social Security or "T'HE S E C R E T - S E R V I C E".


SS.?
ESES: (S)pan'is'H pronunciation for "TWO S".*
ISIS: Eng'L'is'H for "ESES.


Note: "I" VES' TI' SE.



P.S: "Mastery of MI"




DNS.***
Written by: Perception, 11 Aug 2014 10:36 PM
From: United States
Tax Agency says July revenue tops US$628.0M.


"Great News".!







L00King.***



Written by: JHCL2016, 12 Aug 2014 7:20 AM
From: Dominican Republic, EN PUNTA CANA: Jose H Con Leonel 2016!

>> From what sources did this money come from? Why did it increase from previous period?

Exports are up, tourism is up, PIB jumped higher...


8-)

Written by: bernies, 12 Aug 2014 8:39 AM
From: Dominican Republic, Juan Dolio
And more people were merged to the formal job industry, some like 65,000usd and 65k paying taxes now helps up the government revenue.
Written by: dreadlocks, 12 Aug 2014 8:48 AM
From: United States
JHCL, tourism is an export.
Written by: dreadlocks, 12 Aug 2014 8:48 AM
From: United States
really, bernies. show me the data that says the informal sector in the DR is declining in size..
Written by: JHCL2016, 12 Aug 2014 1:08 PM
From: Dominican Republic, EN PUNTA CANA: Jose H Con Leonel 2016!


deadlocks,

It does not get categorized as such.... check the DR's PIB reports...

(*;@)
Written by: dreadlocks, 12 Aug 2014 4:29 PM
From: United States
dude, the informal sector does not get factored into the PIB. stay away from stuff you do not understand.
Written by: JHCL2016, 12 Aug 2014 9:16 PM
From: Dominican Republic, EN PUNTA CANA: Jose H Con Leonel 2016!

did the checking thing, yeah, tourism and exports are separate cats...


(*;@)
Written by: dreadlocks, 12 Aug 2014 9:33 PM
From: United States
are you saying that tourism is not an export? if you are, you need to check again, and check the right information this time.
Written by: chillinout, 13 Aug 2014 10:31 AM
From: Dominican Republic
Just used an export calculator using US$100,000. of laptop computers as an example adding a US$1000. shipping cost and US$500. insurance cost.

Export from Dominican Republic to USA --- Duty $0.00, US Merchandise Processing fee $346.00, IRS Tax $0.00 Total cost $346.00 to import into America

From USA to Dominican Republic ------

Duty $0.00, Exchange surcharge $13,195, VAT tax $18,270(shipg$insur in VAT) Total cost to import $31,465.00 Then retailer adds profit plus another 18% ITBIS tax I think.

No wonder why people have so little.Taxes on a LED television imported from China to get out of customs ---- Duty tax 20%, Luxury tax 10%, VAT tax 18%, Exchange surcharge 13%

Compared LED TVs - Samsung and Sony advertised by Corripio and they cost twice as much as in the states for the same models. The average worker income in U.S. is 6x here. Really makes sense to charge your poorer people more.

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