Published: March 3, 2009, 6:55:55 AM
Exempt from taxes paid to agro Dominican in 2009
Santo Domingo, Dominican Republic .- The Directorate General of Internal Taxes of the Dominican Republic , DGII, announced that the country's farmers will be exempt from taxation during the remainder this year, running from that part of the measures announced on 27 February by President Leonel Fernandez, who announced 10 measures to promote agricultural sector, on the occasion.
entity regulatory and fiscal recovery of the Dominican nation, by press release, announced that the measure is intended to "help improve the conditions of Dominican farmers and sustain the country's food security."
According to the General Standard 02-09, the agroprodutores not have to pay this year the advance income tax, tax on assets and the retention of income tax on payments made by the State until fiscal year 2009. The agricultural sector organizations have been asking the government to release all payments to the fiscal sector, as in nations with which the Dominican Republic has to compete. This measure is in addition to others that offer credit facilities.
The Directorate General of Internal Revenue (DGII) announced the extension for the entire 2009 fiscal year tax exemptions to agriculture, "to help improve the conditions of Dominican farmers and sustain national food security." By
General Standard 02-09, Internal Revenue Service announced that the agricultural sectors have not this year to pay the advance income tax, the Asset Tax Withholding income tax on payments made by the state until FY 2009. These exemptions have been established through the standard 1-2008, dated January 28, 2008.
Tax Administration explains that, in the international economic crisis conditions persist to appreciably affect the agricultural sector of the Republic
The measure had been requested by the agricultural sector.
Fuels. On the other hand, the DGII announced the entry into force of a number of measures contained in the General Standard 03-09, which allow monitoring of shipments fossil fuel and petroleum importers, distributors and laid down the offices of the hydrocarbons exonerated.
explains that according to Article 23 of Law 557-05, as amended by Law 495-06, the Ad-valorem excise tax on domestic fuel consumption should be withheld and paid to the DGII.
The measures, which take effect from the first of May, are covered in the "formal duty" of all taxpayers, according to Article 50, letter f and j of the Tax Code, to submit to the Tax Administration statements, documents and reports that enable the identification and control of taxes.
03-09
General Standard commands provide the relevant information regarding orders, shipments and / or sales of these products. Brand
orders for release of fuels taxed by the selective ad-valorem tax, which are registered by distributors or importers to consumers, as fuel shipments beneficiary of any such exemption should be provided with a mark can be identified. Random News
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