Dominican Republic: Tax reform bill withdrawn

The president announced the withdrawal of the fiscal reform project from the National Congress legislative agenda.

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October 22, 2024

President Luis Abinader announced the withdrawal of the fiscal reform project from the National Congress legislative agenda due to a lack of consensus among different social groups and the government. The president intends to adjust his development plans in order to propose further acceptable economic alternatives.

Background

The Executive Branch on October 8, 2024, introduced a comprehensive “fiscal modernization law” to the National Congress. Read TaxNewsFlash


For more information, contact a KPMG tax professional in the Dominican Republic:

José Manuel Romero |  joseromero1@kpmg.com

Darío Ernesto Arias | darias@kpmg.com

Carlo Mariano Mercedes | cmercedes@kpmg.com

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