Dominican Republic’s Duty Free gift period to begin
Santo Domingo’s Customs Office announced the Christmas duty-free period for returning Dominicans will start on 1st December 2014. The tax exemption on gifts valued up to US$3,000 will remain in effect until 7 January 2015. The legal base for the exemption is Law 9-96 that had authorized gifts for up to US$1,000.
Last year 1,412 people made the most of the Customs deal and saved themselves over RD$25 million in taxes.