The construction industry has made its position clear, offering its vision and technical capabilities to the government, and the bill is now in the hands of the Legal Department, on its way to Congress, amidst inflation that reached 5.11% in April.
SANTO DOMINGO.- The Dominican Association of Housing Builders and Developers (ACOPROVI) issued a statement in which it positively assesses the intentions of the so-called Anti-Crisis Plan, but drew a clear line: the incentives that allow Dominican families to access low-cost housing must remain intact.
The announcement came hours after the Minister of Finance and Economy, Magín Díaz, presented to the media a bill conceived in four dimensions: pro-growth measures, tax simplification, combating evasion and fiscal consolidation, with the stated objective of raising between RD$40,000 and RD$50,000 million additional to face the effects of the global economic slowdown and international trade tensions.
The plan's housing-related measures include the gradual repeal of the 2% mortgage tax, the reduction of the capital gains tax on the sale of real estate by individuals from 25% to 10%, the immediate elimination of the 1% tax on company formation, the gradual repeal of the selective consumption tax on life insurance, and the reduction of the inheritance tax between living parents and children from 25% to 3%.
Among the signs that the real estate sector received with relief is that the plan stipulates no changes will be applied to the ITBIS (Value Added Tax), the Property Tax (IPI), the income tax for micro, small, and medium-sized enterprises (MSMEs), or to online and digital platform purchase transactions. For ACOPROVI, this is the right direction.
The sector's position: support with conditions
From the construction sector, the call is not for opposition but for vigilance. ACOPROVI reiterated its openness to dialogue, but conditioned its support on any review of the tax system preserving legal certainty and not jeopardizing affordable housing projects that, in recent decades, have allowed tens of thousands of families to access their own homes.
Although an analysis of the plan reveals that the housing measures operate within the formal, financed market, the beneficiaries are those who already have access to the banking system or are in a position to access it, and families with a qualitative housing deficit do not resolve their situation with mortgage loans.
The industry association offered its expertise and technical capabilities to support the ongoing discussions. The bill is already before the National Congress, where a bicameral commission has been formed to review it.
Minister Díaz announced that the Treasury will support this process with verifiable data, based on three principles: economic stability, tax equity, and responsibility in the use of public resources.
The context that is putting pressure on the Government
In the context surrounding the plan, the Central Bank reported that year-on-year inflation reached 5.11% in April 2026, slightly above the established target range, while the Government adjusts its policies to respond to the international geopolitical environment by combining targeted subsidies, spending cuts and fiscal flexibility.
In that context, Minister Díaz stressed that it is a progressive reform in which, if a company does not generate income, it will not pay taxes, an argument with which he sought to add the business community to the initiative.
The plan also includes a tax amnesty valid until December 31, 2026, the elimination of the advance payment of Income Tax for most micro-enterprises, a figure historically questioned by the private sector as an unfair financial burden, and the increase of educational deductions.
The fiscal balance measures will also rely on a reduction in current spending and an increase in income tax for large taxpayers.
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