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Dominican Republic Tax Administration grants automatic extension for filing CbCR

03 June 2024

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Tax Alerts, Legislation & Policy, Na...

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Dominican Rep

Taxpayers covered by the Country-by-Country Report (CbCR) obligation will now have until 30 August 2024 to submit the CbCR for fiscal year (FY) 2022. On 31 May 2024, the Tax Administration issued a statement through Notice 10-24 announcing the extension for taxpayers covered by the CbCR obligations for FY 2022. The original deadline was 31 May 2024.BackgroundThe provisions established in General Norm 08-2021 apply to taxpayers that are the Ultimate Parent Entity (UPE) or Constituent Entity (CE) of a Multinational Group (MNE Group) with consolidated annual revenue equal to or higher than 38.8 billion Dominican pesos (DOP38.8b) (i.e., €750m according...