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Dominican Republic Publishes Consultation Letter on Claiming Tax Credit for Foreign Tax Withheld

|Approved Changes|Dominican Republic
Dominican Republic

The Dominican Republic's Directorate General of Internal Revenue (DGII) recently published consultation letter G.L. No. 25641 in response to a question regarding a tax credit for foreign tax withheld on a payment for services from a foreign client to a resident company. The letter clarifies that the company may claim a credit for foreign tax withheld against income tax provided that the credit…

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