The Tax Agency (DGII) has announced robust tax collections for the first half of 2025, significantly exceeding its targets and demonstrating a healthy economic outlook for the nation.
As of the close of the first semester, the DGII reported accumulated collections of RD$472.17 billion, achieving 101.3% of its projected goal. This figure represents an increase of RD$40.23 billion compared to the same period last year, marking a 9.3% year-over-year growth.
The DGII attributes this strong performance to a consolidating economy, with clear signs of dynamism in key sectors, increased formalization of productive activities, and notable advancements in voluntary tax compliance among taxpayers.
Luis Valdez Veras, the director general of the DGII, emphasized the collaborative effort behind these positive results. “These results are evidence of the joint effort between the DGII and Dominican taxpayers,” Valdez Veras stated. “We are focused on building a more efficient, fair, and modern tax system that allows for the country’s development.”
June alone saw the DGII collect RD$70.57 billion, surpassing the month’s projection by RD$1.50 billion, achieving 102.2% compliance. This represents an RD$8.81 billion increase compared to June 2024, a 14.3% year-over-year rise.
Even after excluding extraordinary income – such as capital gains, large taxpayer income, or specific regularizations – monthly growth remained strong at 13.1%. This indicates a sustained and structural trend in recurrent revenue streams, underscoring the stability of the country’s tax base.
Several key tax categories contributed to the impressive overall performance:
• ITBIS (Sales Tax): Analysis of May’s operations, declared in June, showed a 6.7% year-over-year increase in total sales and a 4.4% rise in taxable sales. This growth in taxable sales was primarily driven by the commerce sector (excluding fuel and vehicles) with a 4.5% increase, hotels, bars, and restaurants at 10.3%, and the beverage manufacturing industry with 8.0%.
• Corporate Income Tax (ISR Empresas y Activos): Corporate income tax collections saw a significant 17.0% year-over-year increase, representing an absolute rise of RD$1.99 billion.
• Individual Income Tax (Impuesto sobre las Personas Físicas): This category’s growth was largely propelled by the Income Tax on Salaried Employees, which grew by 16.5%, adding RD$1.09 billion compared to June 2024. This is attributed to an 8.7% increase in the number of taxed employees and an 11.4% rise in the amount withheld.
• Selective Fuel Taxes (Impuestos Selectivos a los Combustibles): The Specific Tax on fuels experienced a 2.6% increase, adding RD$110.2 million.
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Presidency
14 July 2025