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