Guidance on the process for taxpayers to claim a tax credit
The Directorate General of Internal Revenue (DGII) on February 10, 2025, released Notice 05-25 (Spanish) outlining the process for taxpayers to claim a tax credit for implementing the electronic invoicing (e-invoicing) system. This tax credit can be applied against the taxpayer’s income tax (including pre-payments), value added tax (VAT), and assets tax.
Taxpayers have six months from February 10, 2025, to submit a letter requesting the tax credit; provide detailed expenses, accounting records, and implementation hours; and ensure compliance. The maximum tax credit amount allowed is DOP 2 million.
For more information, contact a KPMG tax professional in the Dominican Republic:
José Manuel Romero | joseromero1@kpmg.com