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Tax on electronic transfers grows by almost 70%

World 1 source 1 country 🔦 Under-reported 45m ago

The Dominican Republic has experienced a nearly 70 percent increase in tax revenue generated from electronic transfers. This growth follows the implementation of a government anti-crisis plan introduced in June, which included adjustments to various tax rates and amounts.

The rise in revenue is being characterized as a positive development for the nation's public finances. The adjustments were part of a broader fiscal strategy aimed at stabilizing the economy during the current crisis period.

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