Economy

Economy October 10, 2017 | 11:35 am

Dominican Republic mines legislation boosts revenue, transparency

Santo Domingo.-The bill for the National Mining Law, in consultation and socialization by the Energy and Mines Ministry, establishes revenue ranging from 40% to 60% and creates the "Participation in State Mining Income," to improve State income. This concept forms part of a new tax and compensatory regime as described in the draft of the legislation prepared by a multidisciplinary team at Mines... Read more