- The Dominican Republic issued General Standard No. 02-2026 on Sept. 16, setting ITBIS withholding rules for purchases made through e-invoicing.
- Companies designated as ITBIS withholding agents do not have to withhold ITBIS on payments to authorized e-invoice issuers that provide an electronic tax receipt (e-CF).
- The exemption applies only to ITBIS withholdings under General Rule No. 02-05, as amended, and does not change withholding or collection obligations under other tax rules.
- The standard took effect on the date of issuance.
Source: news.bloombergtax.com
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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