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 Launches Public Consultation on the Tax Treatment of Software
- Dominican Republic Proposes ITBIS Withholding Exemption for E-Invoicing Taxpayers
- Move Toward E‑Invoicing-Driven VAT Simplification
- Dominican Republic Plans Higher Taxes on Casinos and Gambling
- New Fiscal Bill Introduces ITBIS Perception at Customs and Enhanced Indirect Tax Enforcement
