AGP Executive Report
Last update: 7 hours agoTax Reform Push: CODESSD backed the Dominican Government’s fiscal reform plan but warned the debate must tackle deep informality that weakens tax collection and social security coverage. Anti-Crisis Measures: Finance Minister Magín Díaz says the package aims to raise RD$40–50 billion via new revenue and RD$40 billion through spending containment, with a possible fuel-price freeze for three months if oil stays under US$95. Micro-Enterprise Relief: The proposal would repeal the ISR advance payment for micro-firms (78% of ISR filers), and shift small businesses to three annual payments to ease liquidity pressure and boost formalization. Corporate Tax Surcharge: Large companies with over RD$1 billion in revenue would face a temporary corporate income tax increase to 30% for three years. Weather & Risk: COE raised green alerts for 13 provinces plus the National District due to moderate-to-heavy rains, urging residents to avoid rivers and ravines. Public Safety & Justice: Authorities captured two homicide suspects in Haiti and returned them to the Dominican Republic for prosecution. Cross-Border Security: The U.S. Coast Guard announced tighter entry rules for ships departing Haiti, with noncompliance risking denial of entry.
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