For a few months in 2023, the Dominican tax authority offered something rare: a legal path to wipe out or drastically shrink old tax debts. Law 51-23, enacted August 10, 2023, opened a special window, originally set to close on December 20, 2023, combining four tools that taxpayers seldom see together. First, a statute-of-limitations declaration: […]
Is Your Counterparty on the Dominican Tax Haven List? The Transfer Pricing Trigger Many Companies Miss A Dominican company that pays an unrelated supplier in Panama, Switzerland or the Cayman Islands may be walking into transfer pricing obligations without knowing it. Under Dominican law, any transaction with a person or entity resident in a jurisdiction […]
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