The Tax Agency (DGII) was able to collect RD$72.09 billion in taxes in February 2026, a RD$6.10 billion increase from a year ago, and 2.1% above the amount forecasted in the 2026 National Budget by RD$1.5 billion.
So far, in 2026, the DGII has collected RD$166.85 billion, some 10.3% more than 2025 and 2.3% more than projected in the budget.
Reportedly, the ITBIS (the Dominican sales/VAT tax) provided RD$19.22 billion or 9% of the total income. Taxes on corporate income brought in RD$14.57 billion, and Income tax brought in RD$13 billion.
While all this money is entering the government coffers, Minister of Hacienda Magin Diaz announced that his office is working on a legislative proposal that would eliminate some of the more obsolete taxes, correct tax abuses, and make life easier for those who wish to comply with their tax obligations. He is also proposing that all the processes for tax exemptions go completely online.
Diaz told an audience at the American Chamber of Commerce luncheon that the ministry needed to carry out reforms in order to properly handle private foreign investments and to maintain Dominican competitiveness on the international scene. He was also quite frank regarding further tax exemptions that would attract further investments, saying that the country already has a series of tax incentives that are permanent. He also said that further social programs were unnecessary since the country has what he called “a significant package of social assistance.”
9 March 2026