La Ley 51-23 que promueve un tratamiento especial transitorio de fiscalización, gestión y recuperación de deuda tributaria del 10 de agosto del año 2023, prevé: (i) la declaratoria de prescripción de oficio o extinción de deudas de algunos impuestos por parte de la Dirección General de Impuestos Internos (DGII), (ii) facilidades de pago de deudas […]
Law 51-23 dated August 10th of 2023, which promotes a special temporary audit, management and recuperation of the tax debt provides: (i) a tax status of limitations statement of certain tax debts by the Dominican Tax Administration, (ii) tax debt payment facilities, (iii) a reduced tax audit process and (ix) Government tax debt amnesty; for […]
Dominican Tourism Sector Tax Incentives Law 195-13, amending DR Tourism Promotion Law 158-01 dated October 9th of 2001, was enacted on December 13th of 2013 (hereinafter “Law 195-13 of Tax Incentives for the Tourism Sector”). The purpose of Law 195-13 of Tax Incentives for the Tourism Sector consists in adjusting the existing tax incentives in […]
Exporters that, in the development of their productive process, reflect ITBIS balance in favor in their ITBIS tax returns, may obtain its reimbursement or compensation, provided that they comply with the requirements set forth in General Regulation 12-2022 of ITBIS Reimbursement of Compensation for Exporters, issued by the Tax Administration (DGII) on October 18th of […]
Los exportadores que, en el desarrollo de su proceso productivo, reflejen saldos a favor en su declaración de ITBIS, podrán obtener el reembolso o compensación del dicho ITBIS, siempre que cumplan con los requisitos establecidos en la Norma General 12-2022 sobre el Reembolso o Compensación del ITBIS para Exportadores, emitida el 18 de octubre del […]
El Procedimiento de Acuerdo Mutuo para la Resolución de Controversias derivadas de Tratados para Evitar la Doble Imposición toma como premisa las disposiciones sobre Procedimiento Amigable de los Convenios para Evitar la Doble Tributación y Prevenir la Evasión Fiscal de los cuales la República Dominicana (RD) es signataria con Canadá y España, según lo dispuesto […]
The Tax Agreement Procedure in Dominican Republic (DR) for Resolving Controversies arising from Double Taxation Treaties takes as premise the Mutual Agreement Procedure of the Treaties for the Avoidance of Double Taxation where the DR is signatory (Spain and Canada), as per Revenue Ruling 10-2022, issued by the Dominican Tax Administration (DGII) on August 30th […]
Dominican Exports Promotion Law 84-99 provides for certain incentives, such as the reimbursement of taxes and customs duties paid by the exporters for raw materials, components, intermediate goods, labels, containers and packing material, if those are incorporated to export goods or returned abroad in the same condition that they entered the Territory. The Law also […]
The Inheritance Tax in the Dominican Republic applies to all assets located in the Dominican Republic, regardless of the last domicile of the decedent and of whether the succession is testamentary or intestate. If the deceased was a Dominican citizen or had its last domicile in the Dominican Republic, the inheritance tax also applies to […]
Dominican Border Zone Tax Incentives Law 12-21 covering the provinces located in the Dominican border: Pedernales, Independencia, Elías Piña, Dajabón, Montecristi, Santiago Rodríguez y Bahoruco, was enacted on February 22nd of 2021, in order to renew the 20 year tax incentive regime period that phased-out in February 2021, aimed at intensifying and propelling the economic, […]