Tuesday, March 30, 2004

DR: Trying to tax the country back to solvency

The government is proposing a tax reform that will increase the VAT (or ITBIS) to 16% and the tax rate to 20%. This information was offered by Eduardo Tejera, Federic Emamm-Zade and Julio Ortega at the Economic Meeting at Hoy. The three form part of the economic advisory team of PLD candidate Leonel Fernandez. Their central theme was that the IMF should not insist on tax reform during a period of political transition.

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