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Dominican Republic provides advance payment incentives for May 2020

13 May
Dominican Republic provides advance payment incentives for May 2020 Advocate Cyprus CYWORLD

Dominican Republic provides advance payment incentives for May 2020

Dominican Republic provides advance payment incentives for May 2020 in connection with COVID-19

The Dominican Republic Directorate General of Internal Revenue (DGII) has announced that most taxpayers are exempted from the advance profit tax (ISR), which is usually due on May 15 (for the April period). The exemption is granted automatically and taxpayers are not required to make any specific request. However, large national taxpayers who continue to work are required to pay in advance. If such large taxpayers cannot make a payment, an exemption request may be made.

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