The List of Countries or territories regarded as Low Tax Jurisdictions and Tax Havens was published on May 20, 2013 by the Dominican Tax Administration (DGII), pursuant to the provisions of Article 2 of the General Regulation 4-2011 of Transfer Pricing, are the following: Andorra Anguilla Antigua and Barbuda Antilles Aruba Bahamas Barbados Bahrain Belgium […]
Tax Regime of Trusts in Dominican Republic was issued under Tax Authority Ruling 02-12 with the purpose of establishing the regulations and procedures to be complied with by trusts and the parties thereto involved, with respect to their tax duties and obligations. Pursuant to the provisions set forth under Law No.189-11 for the Development of […]
The Niza International Classification Tenth Edition entered in force via TM Office Resolution RD-116/2012 of August nine (9) of 2012. In this regard, Resolution RD-116/2012 establishes, among other items, the following: First: the mandatory use of the application and utilization of the International Classification of Products and Services for the Registration of Trademarks, established under […]
Dominican Tourism Sector Land Use and Organization Plan Resolutions issued by Ministry of Tourism of the Dominican Republic on March 26th of 2012, modify the Urban and Construction parameters for the northern part of the Samaná Peninsula, the Punta Cana, Bávaro- Macao Area, respectively. The purpose of these resolutions is to regulate the urban categorization, […]
Dominican Customs Electronic Declarations are governed under Norm 01-12 of March 28, 2012, the Dominican Customs Administration (DGA) for the purpose that customs operators and other users transmit by electronic means the information related to the actions made in connection to their customs processes and operations. Pursuant to the Norm, the customs declaration constitutes the […]
The filing and payment of sales tax by Dominican Free Zone Enterprises is regulated under Dominican Tax Administration (DGII) General Tax Norm 5-2011 of June 29th of 2011. Such Norm provides that all enterprises benefiting from the Dominican Free Zones regime through Free Zones Law 8-90 of January of 1990, shall submit a sworn statement […]
Dominican Transfer Pricing Regulation, thereby establishing the rules applicable to operations that take place among related entities when the amounts transacted differ from those agreed among independent entities, was issued by the Dominican Tax Administration (DGII) on June 2, 2011. Its provisions reach any operation or transaction made by enterprises or local companies of foreign […]
Resolution 025-11 of May 26th of 2011 approving the Norm for the Application of the Electronic Commerce Law 126-02 to Dominican Customs Procedures, establishes the following provisions: Scope. The Resolution 025-11 regulates the use of digital documents and data messages and the issuing in the customs procedures established un the Law in relation to the […]
Dominican Republic Tax Exemptions Requests and Processing Decree 162-11 was issued on On March 15th, 2011. Decree 162-11 establishes, among others, the following: Previous processing of tax exemptions before the Ministry of Finance. All requests of exemptions supported under laws, concessions, contracts ratified by the Dominican Congress shall be submitted to the Minister of Finance […]