Dominican Tax Exemptions

 By Maria Arthur (marthur@aclaw.com)

Dominican Republic Decree 162-11 on Requests and Processing of Tax Exemptions was issued on On March 15th, 2011.

Decree 162-11 establishes, among others, the following:

  1. 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 for their study and processing.
  2. Recognition of tax exemptions only if approved by the Ministry of Finance. The General Internal Tax Administration (DGII) and the General Customs Administration (DGA) will only recognize the exemptions approved by the Ministry of Finance.
  3. Notification to beneficiaries of exemption approved or recognized by the Ministry of Finance. The Ministry of Finance will collaborate in the exchange of information, with the government institutions that administer laws which foresee exemptions and will notify each beneficiary the scope of such exemptions and the fiscal sacrifice that the granted benefit represents.

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