The US–Dominican Republic competent authority arrangement for automatic exchange of Country-by-Country reports became operative on 5 May 2025, with exchanges to begin by 5 August 2025.
The competent authority arrangement between the US and the Dominican Republic for the automatic exchange of Country-by-Country (CbC) reports became effective on 5 May 2025.
This announcement was made by IRS update 1 July 2025.
The arrangement, based on Article 4 of the 1989 tax information exchange agreement, enables both countries to exchange CbC reports from entities resident in their jurisdictions when the MNE group has constituent entities or permanent establishments in the other jurisdiction.
It applies to fiscal years of MNE groups beginning on or after 1 January 2022. Reports must be exchanged no later than 15 months after the end of the relevant fiscal year, with the first exchanges due by 5 August 2025.
