Transfer Pricing Regulation

 By Maria Arthur (marthur@aclaw.com) On June 2, 2011 the Dominican Tax Administration (DGII) issued the General Norm 04-2011 of Transfer Pricing thereby establishing the rules applicable to operations that take place among related entities when the amounts transacted differ from those agreed among independent entities. Its provisions reach any operation or transaction made by enterprises or […]

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: 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 […]

Dominican Republic Customs Valuation

 By Felipe Isa Castillo (fcastillo@aclaw.com) Dominican Republic Customs Valuation is governed by Decree 36-11 of January 20th of 2011 establishing the Regulation for Customs Valuation pursuant to the GATT 1994 Valuation Agreement, whose purpose is to develop the provisions of the Agreement relative to the application of Article VII of the General Agreement of Tariffs […]