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The Dominican Republic is a sovereign state located in the island of Hispaniola, in the Greater Antilles archipelago of the Caribbean region. The Dominican Republic is the ninth-largest economy in Latin America and is the largest economy in the Caribbean and Central American region.

The Dominican Peso (DOP) is the national currency.


APA Advance Pricing Agreement
CFC Controlled Foreign Company
DGII General Directorate of Internal Revenue
DOP Dominican Peso
DTC Dominican Tax Code
ETR Effective Tax Rate
FTC Foreign Tax Credit
FTZ Free Trade Zone
GAAP Generally Accepted Accounting Principles
IFRS International Financial Reporting Standards
ISC Selective Consumption Tax (Impuesto Selectivo al Consumo)
ISR Dominican Corporate Income Tax
INFOTEP Technical Institute of Professional Training
ITBIS Tax on Transfer of Industrial Goods and Services
OECD Organization for Economic Co-operation and Development
ONAPI National Office of Industrial Property
PE Permanent Establishment
RNC National Taxpayers Registration
VAT Value Added Tax
WHT Withholding Tax