OrbitaxDominican Republic Provides Asset Tax Exemption for Small Companies and Further Advance Tax Exemption and Deadline Extensions
|Approved Changes|Dominican Rep
The Dominican Republic's Directorate General of Internal Revenue (DGII) has announced that an exemption from the first installment of asset tax is being provided for small companies in the context of the COVID-19 crisis. The deadline for the first installment for companies with a 31 December 2019 year-end would have been 29 June 2020. This exemption is limited to businesses whose income for th…
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