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Thread: An Overview of Dominican Tax Law

  1. #11
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    Quote Originally Posted by Robert View Post
    Recent article by Fabio Guzman for Tax Notes Intíl.




    Guzman Ariza & Asociados - The Dominican Republic Law Firm: Guzman Ariza, Attorneys at Law.
    This is great info for ex-pats who may be doing business in the DR. The difference between the DR and the US is that currently the DR does not have the computer abilitity to track those who don't pay and should but they are implenting a new system which will close many loopholes.

    LTSteve

  2. #12
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    and take care that you visit up to date links/info, as this Topic here is a few years old, and such laws do change once in a while.

    Happy New Year

    Mike

  3. #13
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    "LT",...................."Yaah RIGHT"!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
    The DR has one of the most regressive tax policies in the WORLD!!!
    The "RICH", pay very little in the way of income taxes, the "POOR" pay little or nothing on what they earn.
    BUT, and it's a "BIG BUTT", consumption taxes are extremely HIGH!
    AND, they just got HIGHER today!!!
    18% on many food,personal care items,cleaning supplies,and MORE!
    I don't like paying 18% on what my family needs everyday to live, but, at least I can afford it.
    The poor Dominicans CAN'T.
    Worst part is, the huge taxes paid by the poor, gets them next to no benefits.
    Unlike the "Politicos" who DO!
    CCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCC

  4. #14
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    Does anybody know what the definition of a non-wage income is?

    Individuals who receive incomes from nonwage sources must file a tax declaration every
    year, on or before March 31 (article 110 of Regulation
    139-98).

  5. #15
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    I guess that would be, for example, rental income

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