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What are the tax implications for real estate transactions in the Dominican Republic?
Real estate transactions in the Dominican Republic are subject to specific taxes and regulations. When acquiring a property, taxes must be paid such as the Real Estate Transfer Tax (ITBI) and registration taxes. In addition, owners of real estate are subject to the payment of the Real Estate Property Tax (IPI). It is important to consult legal or tax advisor to understand the specific tax implications.
What are the key legal aspects to consider during due diligence in Peru?
During due diligence in Peru, it is essential to examine the legal documentation related to the target company. This includes contracts, employment agreements, licenses and permits, as well as verification of compliance with local and national laws.
How is a land use permit processed in Mexico?
The land use permit process in Mexico varies depending on the locality and the corresponding municipal authority. It usually involves submitting an application to the local authority, providing plans and documentation related to the project, and complying with local requirements.
What are the requirements to request a land use permit for sustainable tourism development projects in Costa Rica?
The requirements to request a land use permit for sustainable tourism development projects in Costa Rica vary depending on the location and type of project. Generally, documents such as project plans, environmental impact studies, sustainability certifications, among other requirements established by municipal regulation, must be presented.
What is the impact of an embargo on cooperation regarding the rights of people without access to basic services in Costa Rica?
An embargo can have a significant impact on cooperation regarding the rights of people without access to basic services in Costa Rica. Trade and financial restrictions can make it difficult to access essential services such as clean water, sanitation, electricity, education and healthcare. This can negatively affect the quality of life and well-being of people, especially the most vulnerable communities. Costa Rica may seek alternative solutions, such as seeking alternative funding sources or implementing humanitarian aid programs, to ensure continued access to basic services during an embargo. Furthermore, it can strengthen its institutional capacity and seek international cooperation to ensure the provision of basic services to all citizens, even during times of embargo.
What is the political party system in the Dominican Republic?
The Dominican Republic has a multiparty political system, with several political parties competing in elections. The most prominent parties are the Dominican Liberation Party (PLD), the Modern Revolutionary Party (PRM) and the Social Christian Reformist Party (PRSC).
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