The economic pro-growth and international crisis mitigation plan presented by the government today does not include increases to the Income Tax (ISR), so it would not affect MSMEs, nor are taxes on digital platforms being considered.
It also does not increase or modify the Tax on Transfers of Industrialized Goods and Services (ITBIS), neither in the rate nor in the application base, meaning it is not raised nor is ITBIS charged on new products or services.
Likewise, most selective taxes are neither modified nor increased: fuels, vehicles, alcohol, cigarettes, insurance, telecommunications, nor does it touch the IPI rates or the exempt minimum.
Please be reminded that this project aims to raise between RD$ 40 and 50 billion.
These, along with other measures, were presented by the Minister of Finance and Economy, Magín Diaz, as part of the plan to guarantee the Government’s fiscal sustainability in the face of the current crisis scenario.
