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Dominican Republic

22 October 2021

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Dominican Republic Issues Multipliers, Adjustments, and Other Regulations for Fiscal Year Closing September 2021

The Dominican Republic's Directorate General of Internal Revenue (DGII) has published Resolution No. DDG- AR1-2021-00010 on multipliers, adjustments, and other regulations for the fiscal year closing September 2021. The resolution includes the general multiplier for inflation adjustments for the fiscal year ending 30 September 2021, which is 1.0774, as well as the exchange rates for the treatment of exchange differences, including rates of 56.2755 for DOP/USD and 65.1614 for DOP/EUR. The resolution also provides a table of multipliers for inflation adjustment of capital assets for the years 1980 to 2021.

Such resolutions are issued periodically and will often include an updated list of states and territories that the DGII does not consider as having a preferential tax regime, with low/no taxation, or a tax haven (negative/whitelist). The resolution for the fiscal year closing September 2021 does not include such a list and, as such, the updated list provided by Resolution No. DDG- AR1-2021-00008 for the fiscal year closing June 2021 continues to apply.

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