The Dominican Republic’s Directorate General of Internal Revenue (DGII) announced a second extension for the submission deadline of Country-by-Country (CbC) reports, published in Notice 16-2024, dated 30 August 2024.
The new deadline for submitting CbC reports for the 2022 fiscal year has been extended to 31 January 2025 from 30 August 2024.
Earlier, the DGII announced the extension for the initial submission of CbC reports for the fiscal year 2022 by 30 August 2024 through the issuance of Notice No. 10-24 on 31 May 2024.
The CbC reporting requirement starts in the 2022 fiscal year for MNE groups with consolidated revenues of over DOP 38.8 billion in the prior year. CbC reports must be submitted within 12 months after the fiscal year ends.
