Local

Local October 7, 2011 | 8:30 am

RD$4.6B dodge from banking secret roils the tax agency

Santo Domingo. - The Internal Taxes Agency (DGII) Thursday revealed an Income Tax (ISR) evasion of around RD$4.6 billion through the banks last year, for which it defends its General Norm 13-2011 which retains 1% from the interests paid on company accounts.

The announcement is the latest salvo in that months long battle pitting the financial entities and Dominican Republic's Tax authoriti... Read more