Taxman to meet goal collecting US$8.0B in 2017

Santo Domingo.- Internal Taxes director Magín Díaz affirmed Tues. that for the first time in nine years the agency will meet the goal of collecting the RD$384.0 billion (US$8.0 billion) which the 2018 Budget stipulates.

He said as a result, that collection goal has jumped RD$43.0 billion, to RD$427.0 billion by 2018.

The official said this year’s collection level reflects a growth of the tax pressure of 0.6%, “a target that the international organisms had established that the DGII would obtain in four years.”

Diaz added that revenue has grown 12% in October, “which is twice the growth of the economy,” attributed to the administrative measures.

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