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IMF mission will come in December to the country

posted on: Nov 22 2011 7:41 by RDugey. Viewed 19 times.

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The second fortnight of December is the date for the delegation of the International Monetary Fund (IMF) visit Dominican Republic as part of the negotiations of the seventh and eighth revisions of the Covenant Stand by.

Prior to the arrival of technicians of the multilateral financial institution, a Dominican technical mission has referred to travel at the end of this month to Washington, with the aim of assessing the tax system of Dominican Republic as a starting point to the resumption of negotiations.

Finished the evaluation with the Dominicans, the economists of the IMF technicians will make an analysis of the tax system dominicano.

Tax pressure in the country has been characterized by the authorities among the lowest in the Latin American region, but private sector States that if it is included the cost of social security and other factors as the cost electricity sector u000aformal economy would have a tax of 26%. Since last September pending further revisions to close the year.



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