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