Productive sectors present their views on Tax Reform to Deputies

Santo Domingo.- The Chamber of Deputies hosted representatives from seven major productive sectors on Tuesday to gather input on the proposed tax reform currently under review by the Finance Committee. Among the attendees were leaders from the National Council of Private Enterprise (Conep), the Association of Industries of the Dominican Republic (AIRD), and the Association of Builders and Developers of Housing (Acoprovi), along with representatives from the tourism, beverage, and rum industries.

Speaker Alfredo Pacheco emphasized the importance of hearing all perspectives on the Fiscal Modernization bill, acknowledging the concerns raised by each sector. The Chamber aims to ensure that the reform is inclusive and takes into account the interests of all stakeholders, with ongoing discussions being essential to refining the project.

The tax reform bill, introduced by the government last week, seeks to raise 122,000 million pesos. However, affected industries have voiced opposition to the current terms. President Luis Abinader has expressed the government’s willingness to engage in dialogue with all parties to reach a consensus on the reform. The Finance Committee will continue consultations, including public hearings, as part of its evaluation process.