The Directorate General of Internal Taxes (DGII) on 6 April 2017, declared the extension of fiscal support for the agricultural sector that frees them from the payment of advances on Income Tax, the payment of the Tax on Assets and the Withholding of Income Tax on payments made By the State.
These exemptions that favour the sector began to be implemented in 2008 as a way to support agricultural and livestock producers who suffered heavy losses from the damages caused by the storms Olga and Noel.
The Tax Code empowers the Directorate General of Internal Taxes to grant the total or partial exemption of the Income Tax and the Asset Tax advance, accepting applications for force majeure that justify the impossibility of making such payments.
