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Dominican Republic Publishes Consultation Letters for Withholding Tax on Dividends and Payments Made Abroad for Goods and Services

|Approved Changes|Dominican Republic
Dominican Republic

The Dominican Republic's Directorate General of Internal Revenue (DGII has published consultation letter G.L. No. 24506 in response to a question regarding withholding tax on dividends paid out of dividend income received as a result of investments in a real estate development trust, which was subject to 10% withholding. The letter provides that dividends distributed to shareholders by a compa…

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