{"id":469503,"date":"2025-05-29T13:03:34","date_gmt":"2025-05-29T17:03:34","guid":{"rendered":"https:\/\/deultimominuto.net\/en\/uncategorized\/chu-vasquez-expresses-concern-over-proposed-3-5-tax-on-dominican-remittances-in-the-us\/"},"modified":"2025-05-29T13:52:29","modified_gmt":"2025-05-29T17:52:29","slug":"chu-vasquez-expresses-concern-over-proposed-3-5-tax-on-dominican-remittances-in-the-us","status":"publish","type":"post","link":"https:\/\/deultimominuto.com\/en\/economy\/chu-vasquez-expresses-concern-over-proposed-3-5-tax-on-dominican-remittances-in-the-us\/","title":{"rendered":"Chu V\u00e1squez expresses concern over proposed 3.5% tax on Dominican remittances in the US"},"content":{"rendered":"\n

Santo Domingo.- <\/strong>The Dominican Consul General in New York City, Jes\u00fas \u201cChu\u201d V\u00e1squez,<\/strong> referred this Thursday to the proposal of a 3.5% tax on remittances sent from the United States to the Dominican Republic, expressing his concern about the possible economic<\/a> impact that this measure would have on thousands of Dominican families.<\/p>\n\n\n\n

Although he clarified that it is not up to him to define the state policy of the country, V\u00e1squez <\/a>acknowledged that the issue worries the Dominican community residing abroad.<\/p>\n\n\n\n

Read more: Chu V\u00e1squez calls on “Kiko la Quema” to surrender and justifies arrests of family members<\/a><\/strong><\/h3>\n\n\n\n

\u201cAs you know, I am the Dominican consul in the city of New York, therefore I am not the one who decides the policy of the Dominican State, that question would be good to ask the corresponding people. But I consider that the taxes imposed on Dominicans are worrying, and above all, the percentage charged to companies is worrying,\u201d <\/strong>said the diplomat.<\/p>\n\n\n\n

The United States House of Representatives has approved a tax proposal that contemplates applying a 3.5% tax on remittances sent to countries like the Dominican Republic.<\/p>\n\n\n\n

V\u00e1squez emphasized that the majority of remittances sent by Dominicans in New York are small amounts destined for the basic needs of their family members in the country.<\/p>\n\n\n\n

\u201cMost of the remittances sent by Dominicans in New York City are 100 or 50 dollars for their families, that must be taken into account. I think an effort should be made to see how these situations can be handled,\u201d he concluded.<\/p>\n\n\n\n

Remittances constitute one of the main sources of foreign currency for the Dominican economy, representing about 7% of the Gross Domestic Product (GDP), according to data from the Central Bank.<\/p>\n\n\n\n

So far, the Dominican government has not issued an official position on the matter.<\/p>\n","protected":false},"excerpt":{"rendered":"

Santo Domingo.- The Dominican Consul General in New York City, Jes\u00fas \u201cChu\u201d V\u00e1squez, referred this Thursday to the proposal of a 3.5% tax on\u2026<\/p>\n","protected":false},"author":111,"featured_media":469504,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_dum_aida_pretitle":"","_dum_aida_subtitle":"","_dum_aida_city":"","_dum_aida_author":"","_dum_aida_caption":"","_dum_aida_captionauthor":"","_dum_aida_quote":"","_dum_aida_breakdowntitle":"","_dum_aida_breakdowntext":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","rank_math_title":"","rank_math_description":"","rank_math_focus_keyword":"","_members_access_role":[],"_members_access_error":""},"categories":[4],"tags":[35434,35296,40937,40509,40936,20635],"class_list":["post-469503","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-consul-general","tag-jesus-chu-vasquez","tag-proposal","tag-remittances","tag-tax","tag-usa"],"acf":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/phj1q1-1Y8D","jetpack_featured_media_url":"https:\/\/deultimominuto.com\/en\/wp-content\/uploads\/sites\/2\/2025\/05\/WhatsApp-Image-2025-05-29-at-9.30.01-AM.jpeg","dum_api":{"author_name":"Ana Laura L\u00f3pez","author_image":"https:\/\/deultimominuto.com\/wp-content\/uploads\/2025\/01\/cropped-WhatsApp-Image-2025-01-29-at-1.45.56-PM-96x96.jpeg","categories_name":["Economy"],"featured_media_url":"https:\/\/cdn.deultimominuto.com\/en\/wp-content\/uploads\/sites\/2\/2025\/05\/WhatsApp-Image-2025-05-29-at-9.30.01-AM.jpeg"},"_links":{"self":[{"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/posts\/469503","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/users\/111"}],"replies":[{"embeddable":true,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/comments?post=469503"}],"version-history":[{"count":0,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/posts\/469503\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/media\/469504"}],"wp:attachment":[{"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/media?parent=469503"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/categories?post=469503"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/tags?post=469503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}