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Update - Law Enacted to Promote Public Offerings in the Dominican Republic Stock Market Including Tax Incentives

|Approved Changes|Dominican Republic
Dominican Republic

The Dominican Republic's Directorate General of Internal Revenue (DGII) has published Law 163-21 for the Promotion of the Placement and Commercialization of Public Offering Securities in the Stock Market of the Dominican Republic, which was promulgated (enacted) by President Luis Abinader on 6 August 2021. As previously reported, the law provides several incentives in relation to the promotion…

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