Taxes recoups US$30.0M+ in fraud with US Treasury’s help

Santo Domingo.- Internal Taxes (DGII) has recovered more than RD$1.5 billion (US$30.0 million) with the attacks on the various patterns of fiscal fraud detected, with technological tools facilitated by the US Treasury’s Technical Assistance Office (OTA).

DGII director Magín J. Díaz, who made the statement during a visit by United States ambassador Robin S. Bernstein, said the OTA is a “fundamental part of a set of international organizations that have given their support since the beginning of the current tenure of Internal Taxes.”

The US Government’s technical assistance, through the OTA, has focused on the areas of: investigation into fraud and tax crimes, internal control and oversight.

“We value the cooperation of the US Government, not only through the OTA, but also through the Internal Revenue Service of that country (IRS) – through training and exchange of information.”

He affirmed that the cases of tax fraud discovered are an opportunity to shore up the support to face the evasion. He said he DGII has an agreement to exchange information with the IRS since 1989.

“The DGII receives from the United States not only tax information, but also banking and the possibility of freezing the assets in the United States, following the appropriate legal channels, of those who mount fraudulent schemes against the Treasury in the Dominican Republic.”