EconomyLocal

DGII will apply tax to digital economy platforms Netflix, Uber, Airbnb and Spotify

SANTO DOMINGO, DOMINICAN REPUBLIC . – The General Directorate of Internal Taxes (DGII) revealed that last December it began to dialogue with executives of the Netflix digital platform to carry out a tax payment agreement in the country.

It also suggests having an approach with Spotify, Airbnb and Uber directives, said Magín Díaz, head of the DGII.

He said that the DGII is in a process of analysis on the different payment schemes that will allow retaining the Selective Consumption Tax.

He explained that there are two schemes used in other nations, including withholding through the credit card or appointing Nexflix as a withholding agent.

In the case of Airbnb, he said that it has been a request from hoteliers, since they claim that this platform constitutes unfair competition.

The impact of these collections is not budgeted for this year, the executive said, indicating that 11% more growth is expected than in 2019, Díaz said yesterday when presenting the results of the 2019 Internal Tax management to journalists and media executives .

Collection 2019

The entity reported that in the past year the collection reached RD $ 483,066 million, which represented an increase of 12.2%, increased that it was affected by administrative improvements, attack on the evasion with dismantling of large fraudulent schemes, and increase in gold prices .

He argued that through gold, more than 50 million dollars were raised from the budget.

However, 0.7% less than the planned goal for that period was stopped. This loss was affected by the lack of approval of the Law on Patrimonial Sincerization, said the official and also added the lower nominal growth of the economy, tourism decline, 12% drop in fuel sales prices.

The official explained that through the tourism sector an estimated 700 or 800 million pesos were stopped.

Likewise, he pointed out that due to the decrease in tourism, alcohol was stopped selling in hotel infrastructures, at an average of between 200 or 300 million pesos of selective consumption tax for alcohol, because the country’s revenues decreased.

Negative factors

Payments
The average fall of 12% in sales prices to fuels compared to 2018 caused the General Directorate of Taxes to stop collecting RD $ 1,721 MM.

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