The National Association of Young Entrepreneurs (Anje) stated on Wednesday that the Tax Modernization Project does not respond to the principles of integrity, equity and consensus with all sectors, which were proposed as the basis of the reform.

Likewise, it urged legislators to listen to the positions of society and to take into consideration the technical and economic arguments presented.

Although Anje stressed that this initiative reflects “a laudable intention” of the Executive to generate a tax system that allows it to face social investments, it indicated that the population does not have the economic feasibility analyses carried out for the proposals to repeal laws and modify the Tax Code.

He assured, at the same time, that the idea outlined “does not seem to reflect that the objectives pursued can be achieved.”

Likewise, the Dominican Association of Rum Producers (Adopron) objected to the tax increase proposed in the Executive Branch’s project.

He warned about the “devastating and inequitable” impact that this decision will have on national rum, one of the drinks with the highest tax burden, he said, compared to others in Latin America.

He said that rum would face 52 percent taxes and the low-price segment up to 65 percent, 13 points above other drinks, both imported and local.

To increase tax collection in this sector, the government of President Luis Abinader proposes a specific tax by degree of alcohol, which would influence the prices of those with a higher alcohol content.

The day before, the General Directorate of Cinema also rejected the claims to repeal the incentives established in the Cinema Law and said that it had always been willing to engage in dialogue. It considered that this measure, in addition to attacking a growing sector, would lead to the loss of more than 25 thousand jobs and the bankruptcy of more than 375 companies in that industry.

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