Simplified Tax procedure in the Dominican Republic
The Dominican State issued, on November 24 2008, Presidential Decree No. 758-08, which implemented a Simplified Tax Procedure (STP) for Reporting and Paying Income Tax and Value Added Tax (ITBIS), to help small local taxpayers, lacking an organized accounting system, to comply with their tax obligations. This procedure is intended to
Barrick Gold to invest more than US$3B in Dominican mine
Santo Domingo. -Barrick Gold Corporation yesterday announced it will invest more than US$3 billions in several mining projects in the country, due to its confidence and stability they said exists in Dominican Republic. A delegation of Barrick Gold headed by its CEO Aaron W. Regent visited president Leonel Fernandez in