A temporary value added tax (VAT) relief (refund) mechanism that, for a period of five years, applies to the purchase or rental of equipment, materials, and supplies directly related to a construction project, or to the repair or expansion of infrastructure projects
Source: KPMG
Latest Posts in "Dominican Republic"
- Dominican Republic Clarifies ITBIS Withholding Rules for E-Invoices
- DGII Exempts VAT Withholdings on e-CF Transactions Between Authorized Electronic Issuers
- Dominican Republic Exempts ITBIS Withholding on E-Invoice Payments
- Dominican Republic Exempts Authorized E-Invoice Issuers from Certain ITBIS Withholding Obligations
- DGII Reaffirms E-Invoicing Mandate for Large and Medium Taxpayers
