Dominican Republic: The anti-crisis plan increases revenue from electronic transfers by 69.1%

Revenue from electronic transfer taxes in the Dominican Republic experienced a growth of nearly 70%, specifically rising by 69.1%, according to financial and fiscal data. This increase follows adjustments made to tax rates and amounts proposed by the Dominican government under an anti-crisis plan introduced in June.

The new tax measures, which also included changes to the departure contribution, began to positively impact public finances and fiscal accounts starting in July, marking the first full month of implementation for the policy.