The Dominican Republic's Directorate General of Internal Revenue (DGII) has launched a public consultation on a draft general standard (rules) to establish the forms and procedures for withholding tax on capital gains. Key points include: The rules apply to resident and non-resident individual and legal entities that transfer goods or capital rights located or used in the Dominican Republic, including direct or indirect transfers between unrelated or related parties in exchange for consideration in cash or kind, subject to certain conditions and exemptions; Resident and non-resident legal entities with no permanent establishment in the country that acquire (purchase) assets or...