Taxes
Law No. 11-92 dated May 31, 1992 , which establishes the Tax
Code of the Dominican Republic , as amended , lays down general
provisions applicable to all internal taxable contributions and the
emerging legal relations of them. This law is divided into 5
sections: ( i ) General Principles , Procedures and tax penalties ;
( ii ) income tax ; ( iii ) Tax on the Transfer of Industrialized
Goods and Services (ITBIS ) ; ( iv ) Selective Consumption Tax (ISC
) ; and ( v ) Tax Assets ( ISA ) .
The Dominican Tax Administration specifically named as
Dirección General de Impuestos Internos (DGII) is
the institution responsible for the collection and administration
of the main taxes and fees in the Dominican Republic. Ahead we
indicate those most relevant taxes, as well as their scope and
respective payment.
