The Dominican Republic’s General Directorate of Internal Revenue (DGII) issued Notice No. 10-24, on 31 May, 2024, extending the deadline for Country-by-Country (CbC) reporting for multinational enterprises (MNEs) as part of Action 13 of the Base Erosion and Profit Shifting (BEPS) Project.
The notice grants an extension to 30 August, 2024, for the initial submission of CbC reports for the fiscal year 2022.
These reporting requirements specifically target parent companies with an annual consolidated income of DOP 38.8 billion (approximately USD 653.5 million) or more, aiming to enhance transparency and compliance among large multinational corporations operating within the country.
Original deadline for filing the CbCR in the Dominican Republic was 31 May, 2024.
