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Tax on electronic transfers grows by almost 70%

World 1 source 1 country 🔦 Under-reported 52m ago

The Dominican government has reported a significant increase in tax revenue following adjustments to electronic transfer levies implemented as part of an anti-crisis plan in June. Recent data indicates that collections from this specific tax have risen by nearly 70 percent.

These fiscal measures were introduced earlier this year to bolster public finances. The reported growth in revenue suggests that the updated tax rates and amounts are currently contributing to the government's broader economic objectives.

In-depth summary · AI, neutral
Read the full story at the source Diario Libre (Santo Domingo, Dominican Republic) · DO
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