Eternalize differences between investors and the Dominican Tax Directorate

Eternalize differences between investors and the Dominican Tax Directorate

Everything thought that after the meeting of President Leonel Fernandez with hotel investors at the beginning of the year in Punta Cana, and attended by the Deputy director of the DGII, the differences in tax percentage between both parties had been exceeded
Everything thought that after the meeting of President Leonel Fernandez with hotel investors at the beginning of the year in Punta Cana, and attended by the Deputy director of the DGII, the differences in tax percentage between both sides had been exceeded.

That was not a meeting to talk about taxes, but tourism in general, but by the way served to remove tension between the DGII and investors. What is more, it can be said that there was a turning point in which the tension between the two of them was terminated.

But when everything seemed to be going down the path of the agreement, after meetings in which amounts were concretized and other issues that were embarrancadas, again the differences re-emerged when revising the rates upward the Directorate General of Taxes.

In short, that today there is total disagreement because the DGII wants to increase taxes even more and investors believe that this measure is exaggerated and can have serious difficulties for companies whose results of recent years have not been Excellent.

They will have to mediate people close to both sides, including institutions, because eternalizing this problem is bad for the country, as well as for the government and for entrepreneurs who bet on the Dominican Republic as a great tourist destination in the Caribbean.

It is necessary to find a meeting point so that the disencounter does not go to the elderly and the world of Dominican tourism ends up feeling.

Mexican tourism fell in the US and not by narcos

The Secretary of Tourism of Mexico, Gloria Guevara, has pointed to the weak economic recovery of the U.S. as a cause of the decline in tourism revenue in the Aztec country during the first quarter of this year. Guevara has rejected…

The Secretary of Tourism of Mexico, Gloria Guevara, has pointed to the weak economic recovery of the U.S. as a cause of the decline in tourism revenue in the Aztec country during the first quarter of this year. Guevara has rejected that the descent was due to the violence of drug trafficking.

North America is between 70 and 75 percent of foreign tourists visiting Mexico, and in the face of high unemployment and the regular economic situation in the US, the Aztec tourism industry has been affected. Between January and March 2011, foreign-tourism revenues fell by 9 percent over a year earlier.

Guevara has explained that Americans who travel to Mexico now spend less, to which he has joined the strength of the peso against the dollar. In an interview with Reuters, the Mexican secretary of Tourism has ruled that drug deaths widely disseminated by media around the world have had an effect on the decline in tourist revenue.

Thus, Guevara insisted that Mexico remains a “number one” destination for Americans, and reiterated that there is no evidence linking violence with the decline in tourism activity.

Cancun sees great potential in medical tourism

Medical Travel México AC, which promotes the offer of medical tourism in Cancun and the Riviera Maya, sees possible quadrupling in the next two years the 10,000 patients who received the region in 2010 and who left 45 million of dollars the president of medical Travel Mexico, Servando Acuña explains in statements collected by Eleconomista that in the last 15 years the cost of health care in the United States has been well above the inflation rate, which has generated many people opt to leave that country to be able to To pay for treatments that otherwise would be unpayable.

Acuña points to Costa Rica as the direct competition of Cancun. Costa Rica has five years of advantage, he argues, but lacks the strategic benefits that the Mexican Caribbean has, such as the proximity to the United States and the connectivity offered by Cancun Airport with 60 American cities.

According to Medical Travel México AC, health tourism currently billed 20 billion dollars and is expected to double that figure in the next 10 years.

This association was created at the end of 2010 in order to unite the efforts of the private initiative and the promotion of the state and federal government for junta in a single brand-Mexico care Travel-the medical-tourist offer that have Cancun and the Riviera Maya.

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