Local November 30, 2015 | 9:14 am

Tax man agrees: Large fortunes need probing to nab dodgers

Santo Domingo.-Internal Taxes (DGII) director Guarocuya Feliz on Sunday agreed with Institutionaland Justice Foundation (FINJUS) vice president Serbio T. Castaños that largefortunes need to be investigated over tax evasion.

"This position isin line with the work the institution carries out to eliminate banking secrecyto ensure transparency in tax matters," the official said in a statement.

He said given theagency´s concern to make Dominican society more decent, the DGII expects Finjus´solidarity to discuss the necessary steps to ensure transparency on reforms in society´sentire public and private sectors, especially on tax responsibilities.

Actions

Among the actions fortransparency by the DGII the official stressed the government´s international commitmentsto exchange information, which in his view is as real challenges for society.

Feliz said the DGIIworks with the US Treasury to enforce the US law Foreign Account Tax Compliance–FATCA- by exchanging information, among other efforts for transparency.

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