Minimizar la elusión tributaria en RD (OPINION)
The article advocates for the creation of a transparent registry of ultimate beneficial owners to combat tax fraud, particularly in light of new fiscal responsibility laws. By requiring companies to disclose the actual human owners behind legal structures such as limited liability companies (LLCs), authorities can prevent the misuse of anonymous entities for tax evasion and illicit activities. This initiative empowers key state institutions, specifically the tax authority and the drug control agency, with accurate, real-time data. The mandate extends to identifying all substantial shareholders and beneficial owners, regardless of whether the entities are domestic or foreign-based, thereby closing loopholes that allow ownership concealment through complex corporate layers or bearer shares. This proposal aligns with open data principles, as it advocates for the public or authoritative availability of ownership information. Transparency in corporate structures enables better accountability and prevents the hiding of assets, ensuring that open data serves as a tool for reducing corruption and enhancing fiscal integrity rather than obscuring it.
Source: almomento.netPublished on 2023-06-08
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