Tourism returns 18 times the incentives, says Asonahores
Asonahores has said it again, loud and clear: the Ministry of Tourism (Mitur) gives back to society 18 times the incentives it receives from the state. Simple math: every peso the state leaves on the table becomes foreign currency, jobs and activity across the entire supply chain.
The core message is that incentives should stay. This is not a whim of the hotel sector. As Asonahores points out, the model works and any swing in tax policy shows up next season. What is needed is certainty for long-term investors.
My take: rather than debating whether to scrap or keep them, it is worth thinking about how to optimize them so the social payoff stays this high. The Dominican Republic has an engine that multiplies. Protecting it is the smart move.
Quick questions
What does Asonahores say about tourism incentives?
How much does tourism return for every peso of incentive?
Why does Asonahores want to keep incentives?
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