On 8 October 2018, the OECD announced that The Dominican Republic joined the Inclusive Framework on BEPS.
As a member of the Inclusive Framework on BEPS, Dominican Republic will monitor implementation of the following four BEPS minimum standards: countering harmful practices (BEPS Action 5), preventing treaty abuse (BEPS Action 6), transfer pricing documentation and country-by-country reporting (BEPS Action 13), and improving dispute resolution mechanisms (BEPS Action 14).
As on date, a total of 119 countries and territories have joined the Inclusive Framework on BEPS.
