Dominican Republic and US begin automatic CbC report exchange.
The Dominican Republic’s Directorate General of Internal Revenue (DGII) announced through Notice 18-25 on 9 September 2025, that a competent authority arrangement with the US for the automatic exchange of Country-by-Country (CbC) reports is now in force.
The arrangement, signed on 5 May 2025, is based on Article 4 of the 1989 tax information exchange agreement between the two countries. It requires both jurisdictions to exchange CbC reports filed by multinational enterprise (MNE) groups with entities or permanent establishments in the other jurisdiction.
The DGII confirmed that the first exchange will cover fiscal years of MNE groups beginning on or after 1 January 2022. Reports must be transmitted no later than 15 months after the close of the fiscal year, meaning the initial exchange is due by 5 August 2025.
Earlier, the US Internal Revenue Service announced the effective date of the arrangement in an update issued on 1 July 2025.
