Santo Domingo.- The Internal Taxes Agency (DGII) yesterday instructed the companies to refund their employees the money deducted yearly from the Income Tax (IRS) for schooling expenses, as Law 179-09 stipulates,whereas those who pay independently will automatically receive the balances in their favor, from the advance payments that their sworn income statement generates.

The measure allows the physical people who directly pay their ISR or through an employer, to deduct from their gross income the expenses for inscription and quotas for all grades in education for their direct, unemployed dependents.

Solely-owned businesses don’t qualify for these measures.

DGII General Norm 06-09 states that employees will receive a password from their employer to access the taxpayer registry, to consult the data on their remunerations registered in the DGII and on the taxes retained and paid by their employer.

They’ll have to register their direct, unemployed children and register supporting, valid invoices for tax purposes issued in the name of the national educational organizations, which sustain the expenses.

The receipts must correspond to January to December payments every year.