Manuel Olivo Teammobilia

The application of regulation 50-13, which gave fiscal administration to Law 253-12 of the Tax Reforms, with regards to the real estate Tax (RET), has dealt a blow to the real estate market in the Dominican Republic, a sector which was already facing difficulty and which needed different treatment by the authorities in order to recover. The Tax Reforms have come at a bad time for the sector which was already struggling thanks to the real estate and financial crises of Europe and the United States.Read More →