The Senate of the Republic approved on first reading this Tuesday the bill on the refund of the Tax on the Transfer of Industrialized Goods and Services (Itbis) to foreign tourists, proposed by the senator for the province of El Seibo and vice-president of the Senate, Santiago José Zorrilla.
The bill provides for the refund of Itbis to non-resident tourists in the country, who make purchases of nationally produced or imported goods and establishes sanctions to those who falsify information to benefit from the regulation.
It clarifies that the Itbis will be refunded to tourists who make purchases of domestically produced or imported goods in excess of US$100.
For the approval of the initiatives, in its study work, the Senate Permanent Commission of Finance heard opinions of officials of the Ministry of Finance and the General Directorate of Internal Taxes (DGII) on the bill.
