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Dominican Rep

10 September 2020

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Dominican Republic Provides Further Advance Tax and Asset Tax Relief and Extends Suspension of ITBIS on Medical Supplies and Equipment

The Dominican Republic's Directorate General of Internal Revenue (DGII) has published Resolution No. DDG- AR1-2020-00001 of 27 August 2020, which provides additional tax relief in response to the COVID-19 pandemic. The relief includes an exemption from monthly advance income tax payments corresponding to the periods August to December 2020 for micro and small businesses, defined as businesses whose income for the 2019 fiscal year did not exceed DOP 58,314,600. Businesses not meeting the income condition may request a total or partial exemption if they have experienced a significant reduction of income in 2020 compared to 2019. Further, the exemption is provided for taxpayers in the hotel sector, regardless of the income condition.

An exemption is also provided from the first installment of asset tax (ISA) for taxpayers qualifying as micro and small businesses for the fiscal years ending on 31 March, 30 June, and 30 September 2020, with certain exclusions. The same exemption is provided for taxpayers in the hotel sector, regardless of the income condition. For taxpayers not qualifying for the exemption, an automatic payment agreement is provided for the first installment payment, which will be paid in three equal installments.

The DGII has also published Notice 88-20 of 4 September 2020, which extends the suspension of the tax on the transfer of industrialized goods and services (ITBIS) on specified medical supplies and equipment as established in Notice 47-20 of 14 April 2020. The suspension is provided until 18 October 2020, following the issuance of Decree No. 430-20 on 1 September 2020, which extended the state of emergency for COVID-19 by 45 days.

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