INTEC will hold a forum to analyze the tax reform
Prominent teaching economists from the university, together with their colleagues from the public and private sectors, will address the main issues related to tax reform in three panels at a meeting to be held next Wednesday, July 3.
SANTO DOMINGO. - The Instituto Tecnológico de Santo Domingo (INTEC) will hold a Forum on Tax Reform, which will be a space for discussion, analysis and search for consensus, with the aim of contributing to the debate on tax reform from an academic point of view, together with key actors from the public sectors and private.
The meeting, which will take place on Wednesday, July 3, 2024, starting at 9:00 in the morning and will be broadcast live on the university's YouTube channel (INTECRD), will consist of three panels that will be moderated by the communicators. Roberto Cavada and Miralba Ruiz.
The economist and INTEC professor José Luis de Ramón will participate in the first panel “Context and need for tax reform”; the economic consultant and former Minister of Economy, Planning and Development, Isidoro Santana; and the coordinator of the INTEC Economics degree, Richard Medina, who will analyze the principles that can guide a tax reform and the context that can justify the need to carry out the tax reform.
The second panel, titled “Magnitude and objectives of the tax reform, and other possible reforms”, will be made up of the former rector of INTEC, professor and economic consultant, Rolando M. Guzmán; Germania Montás, Managing Partner of the CPED firm; and Roberto Despradel, CEO of the consulting firm Despradel & Asociados (DASA). The specialists will analyze aspects of possible objectives that the Government could seek with the tax reform such as increasing collections, correcting distortions in economic sectors, increasing collection efficiency, reducing income inequality. Likewise, they will consider whether it is feasible or necessary to carry out reforms in other sectors such as electricity, social security and the labor market, as well as the National Development Strategy.
In the third panel, which is titled “Political economy of tax reform,” the Minister of Economy, Planning and Development, Pavel Isa Contreras, and the economist and professor Magdalena Lizardo, director of the Pareto Consulting Group, will participate. This panel will revolve around the experiences of past reforms, mechanisms to avoid counter-reform, and tangible benefits or compensation mechanisms for affected citizens and economic sectors.
Members of the boards of directors of the main Dominican business associations will participate in the meeting, such as the National Council of Private Enterprise (CONEP), the Association of Industries of the Dominican Republic (AIRD), the Dominican Association of Free Zones (ADOZONA), the Association of Hotels and Tourism of the Dominican Republic, (ASONAHORES), among others.
With this first Forum on Tax Reform, INTEC begins a series of meetings that it will hold to analyze the main national issues and make consensual contributions that will be shared with the Government and the different economic and social actors for decision-making.
INTEC Economics and Business Area
It is one of the five academic areas of INTEC, recently its undergraduate and graduate programs were reaccredited internationally by the Board of Commissioners of the International Accreditation Council for Business Education (IACBE) until 2030.
The reaccredited programs are the bachelor's degrees in Business Administration; Marketing and Digital Business; Accounting and Financial Analytics; and Economy. Likewise, the master's degrees in Human Talent Management, and its concentrations in Corporate Finance, Financial Market and Financial and Risk Engineering; Senior Management; Quality and productivity; and Finance, and their concentrations in Entrepreneurship, Service Management, and Health Services Management. While the degrees in International Business and Commercial Engineering were accredited for the first time.