Dominican Republic Tax Credit for e-Invoicing Implementation

• Dominican Republic offers a tax credit for large taxpayers who implement e-invoicing during the voluntary period.
• The credit can be applied to income tax, ITBIS, income tax, and asset tax.
• The maximum credit is RD$2,000,000.00, subject to DGII validation of expenses.
• Taxpayers have six months to submit their application after the notice is published.
• Requirements for the credit include:
• A motivated request, sealed and signed by the applicant.
• A detailed list of expenses incurred for e-invoicing implementation, with proof of payment.
• Accounting records related to e-invoicing implementation.
• Proof of hours worked on e-invoicing implementation.
• Being up-to-date with tax obligations.
• Taxpayers who benefit from the DGII’s free invoicing technology or are subject to special tax regimes with exemptions are excluded.
• The credit can only be applied in full to one of the taxes mentioned in the law.
• No refunds or compensation will be provided for any credit balances.

Source: dgii.gov.do

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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