The director general of customs, Eduardo Sanz Lovatón, revealed on Tuesday that almost 20 businesses of Asian owners have already been closed by the Dominican tax authorities and “that this is only at the beginning. It is a process that has taken more than two years of investigation, work of the DGII (General Directorate of Internal Taxes) and the DGA (General Directorate of Customs), which requires study, statistics, economic and legal studies.
Since mid-April, the DGII and the General Directorate of Customs have closed several businesses owned by Chinese owners in the National District and Santiago.
The Dominican authorities specified that the companies carried out banking operations worth around 4 billion pesos and hid real information on economic levels from the tax administration.
There were meetings with ambassadors of countries that import large volumes to the Dominican Republic. “I believe that before August this year, at the end of this four-year period, we will have signed a joint evaluation agreement with the People’s Republic of China and with India and, possibly, also with Singapore and other nations, which have a high content of imports for the country,” indicated the official.
