On 20 July 2022, the Dominican Republic tax authorities published a Resolution (DDG-AR1-2022-00006) on multipliers and adjustments for the fiscal year closing in June 2022. The Resolution includes the following changes:

  • Set the inflation adjustment multiplier at (1.0948) for income tax purposes for the tax year ending on 30 June 2022;
  • the exchange rates for the treatment of exchange differences, including rates of 54.6740 for DOP/USD and 56.7899 for DOP/EUR to be used by companies and legal bodies with a fiscal year ended on 30 June 2022; and
  • Provides a table of multipliers for inflation adjustment of capital assets for the years 1980 to 2022.