The Dominican Republic’s Directorate General of Internal Revenue has introduced an online consultation forum regarding the proposed rule to repeal the previous administrative exemption granted to specific sectors about the 0.15% excise tax on financial transactions (ISC).
Interested parties may submit their comments and suggestions on the draft rule online until 13 December 2024.
This rule revokes administrative agreements established by the Asociación Nacional de Detallistas de Gas (ANADEGAS), Asociación Dominicana de Intermediarios Cambiarios (ADOCAMBIO), other administrative agreements previously issued by the Internal Revenue Division that include an exemption from the ISC tax.
