Law No. 253-12: Strengthening the State’s Revenue Collection Capacity

Formalaw INICIO NOSOTROS ÁREAS DE PRÁCTICA EQUIPO ¿POR QUÉ NOSOTROS? CONSULTA BLOG CONTACTANOS Law No. 253-12: Strengthening the State’s Revenue Collection Capacity Law No. 253-12 aims to strengthen the Dominican State’s revenue collection capacity to ensure fiscal sustainability and promote sustainable development. Among other amendments, it introduces adjustments to the Dominican Tax Code, particularly regarding […]
Law 158-01: Promotion of Tourism Development (Confotur Law)
Asset Tax

Formalaw HOME ABOUT PRACTICE AREAS TEAM WHY HIRE US? CONSULTATION BLOG GET IN TOUCH Asset Tax The Asset Tax is an annual fiscal obligation applicable to legal entities in the Dominican Republic. This tax is levied on the total value of assets reflected in the taxpayer’s taxable balance sheet, including real estate, after applying deductions […]
Real Estate Tax (IPI)

Formalaw HOME ABOUT PRACTICE AREAS TEAM WHY HIRE US? CONSULTATION BLOG GET IN TOUCH Real Estate Property Tax (IPI) IPI Calculation and Payment IPI is calculated by applying a 1% tax rate to the total value of properties exceeding the exemption threshold. The payment is divided into two annual installments, with the following deadlines: First […]


