The Corporate Tax Rate in Dominican Republic stands at 27 percent. source: Direccion General de Impuestos Internos

Corporate Tax Rate in Dominican Republic averaged 26.33 percent from 1997 until 2020, reaching an all time high of 30 percent in 2006 and a record low of 25 percent in 1998. This page provides - Dominican Republic Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Dominican Republic Corporate Tax Rate - values, historical data and charts - was last updated on September of 2021.

Corporate Tax Rate in Dominican Republic is expected to reach 27.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Dominican Republic Corporate Tax Rate is projected to trend around 27.00 percent in 2021, according to our econometric models.

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Dominican Republic Corporate Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
28.00 27.00 30.00 25.00 1997 - 2021 percent Yearly

Dominican Republic Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 28.00 27.00 30.00 25.00 percent [+]
Personal Income Tax Rate 25.00 25.00 30.00 25.00 percent [+]
Sales Tax Rate 18.00 18.00 18.00 16.00 percent [+]

Dominican Republic Corporate Tax Rate
In Dominican Republic, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Dominican Republic.