The Tax Agency (DGII) informed taxpayers this week that as of July 2021 payment of the new contribution for the management of solid wastes as established in Law 225-20 (Ley General sobre Gestión Integral y Coprocesamiento de Residuos Sólidos 225-20) is due.
The tax applies to legal entities domiciled in the Dominican Republic, be they public or private, and whether they have operations or not. The tax is dependent on their income, regardless of whether the company has profits or not.
The DGII says the corporate tax (IR-2) must be filed, with a closing date of 31 March.
Payments must be made according to the following income scale: from 0 to one million pesos a contribution of RD$500 will be made, and from one million one peso to eight million pesos, it will be RD$1,500.
In addition, whoever has income from eight million one peso to RD$20 million, will pay RD$5,000; while from 20 million one peso to RD$50 million will contribute RD$30,000, and from RD$50 million one peso to RD$100 million will have to contribute RD$90,000. Those with incomes over RD$100 million will pay RD$260,000.
The resources obtained will be deposited in a trust, to adequately manage the collection, disposal and treatment of solid waste.
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DGII
18 June 2021