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US$100 million generated from tourist taxes this year
posted on: Nov 30 2011 11:55 by The Reporter. Viewed 332 times.
Taxes generated by the arrival and exit of passengers into the Dominican Republic through the collection of tourist cards and taxes on air sea and land tickets generated RD $ 3,947,067,845.68 (US$ 101,290,000) between January to September 2011 according to a report by the Dominican Central Bank.
According to the report, the amount collected via tourism taxes is distributed as mandated by Presidential Decree No. 655-08, among five state institutions and the company managing the airport concession .
This report prepared by statisticians from the National Treasury and Central Bank, detailed the departure tax for air passengers between January and September as RD $ 2,896,247,514.5 (US$ 74,323,900), while tax on passengers arriving by land generated $ 84,815,085.90 RD. (US$ 2,176,540).
An addition to this, tourist cards generated $ 966,005,245.3 RD (US$ 24,789,800). The report also highlights the fact that the months that generate more taxes and fees are January to March, due to the increase in arrivals of tourists and passengers through ports and airports.
The distribution of the money raised by taxation in the tourist sector is performed as follows. From every US$15 collected from each passenger who enters and leaves the country, the money is divided between:
Institute of Civil Aviation (IDAC) - US$ 4.50
Ministry of Tourism - US$ 7 ($ 3.0 to promote the destination and $ 4.0 for the Tourist Infrastructure Implementation Committee funds)
Dominican Air Force - US$ 1
Special Airport Security Corps (CESA) - US$ 1
Civil Aviation Board - US$ 0.50
Dominican Airports Century XXI Consortium (Aerodom) - US$ 1
From January to September, the Dominican Republic's airports received 3,280,357 passengers, and the tourist card tax is charged twice, when a tourist arrives and when they leave.
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