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Dominican Republic Complementary Budget Law Enacted Including Tax Settlement Measures

|Approved Changes|Dominican Rep
Dominican Rep

The Ministry of Finance of the Dominican Republic has announced the enactment of the Complementary Budget Law (Law No. 222-20), which entered into force on 8 September 2020 and includes measures to mitigate the crisis caused by the COVID-19 pandemic. With regard to taxation, the main measures are for tax settlement, including:

  • an option to close the 2017, 2018, and 2019 tax years from any fur…

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