The Dominican Republic’s Directorate General of Internal Revenue (DGII) has issued Notice 8-20, which sets the related party transaction threshold for transfer pricing reporting purposes in 2020 at DOP 11,552,402. This generally means that where aggregate related party transactions do not exceed that threshold in 2020, the transfer pricing reporting requirements do not apply. For 2019, the threshold was set at DOP 11,144,913. The DGII has also issued Notice 4-20, which sets certain other tax-related thresholds for 2020. For companies, the main threshold is in respect of the requirement to submit sworn financial statements with the annual tax return, which...