[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-108947-en":3,"doc-seo-108947-105":31,"detail-sidebar-cat-0-en-105":92},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":21,"is_downloadable":21,"audit_status":21,"page_count":22,"language":23,"language_code":24,"site_id":25,"html_lang":24,"table_of_contents":26,"faqs":27,"seo_title":28,"seo_description":14,"update_tm":29,"read_time":30},108947,1374391974564,"Clementine","https://ap-avatar.wpscdn.com/avatar/14000253aa45c000a9e?x-image-process=image/resize,m_fixed,w_180,h_180&k=1779874745381141002",8,"Research & Report","Dominican Republic Tax System Review - World Bank Policy Note - January 2021","World Bank Policy Note examining the Dominican Republic tax system within the government fiscal year calendar, covering key reference periods and currency equivalencies. The note provides a structured overview of essential tax administration concepts and internationally used terminology, including income and corporate income tax elements, VAT and ITBIS, and frameworks related to BEPS, AML/CFT, and beneficial ownership. It also includes acknowledgements and institutional context, supported by public finance dialogue among World Bank teams and Dominican ministries.","Public Disc losure Authorized  \nDOMINICAN REPUBLIC TAX SYSTEM REVIEW  \nPub lic Disclosure Authorized Pub lic Disclosure Authorized  \nWorld Bank Policy Note  \nJanuary 2021  \nInternational Development Association Macroeconomics, Trade and Investment Global Practice Latin America and the Caribbean Region  \n© 2021 International Bank for Reconstruction and Development / The World Bank 1818 H Street NW  \nWashington DC 20433 Telephone: 202-473-1000  \n[Internet: www.worldbank.org](Internet: www.worldbank.org)  \nThis work is a product of the staff of The World Bank with external contributions. The findings, interpretations, and conclusions expressed in this work do not necessarily reflect the views of The World Bank, its Board of Executive Directors, or the governments they represent.  \nThe World Bank does not guarantee the accuracy, completeness, or currency of the data included in this work and does not assume responsibility for any errors, omissions, or discrepancies in the information, or liability with respect to the use of or failure to use the information, methods, processes, or conclusions set forth. The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judgment on the part of The World Bank concerning the legal status of any territory or the endorsement or acceptance of such boundaries.  \nNothing herein shall constitute or be construed or considered to be a limitation upon or waiver of the privileges and immunities of The World Bank, all of which are specifically reserved.  \nRights and Permissions  \nThe material in this work is subject to copyright. Because The World Bank encourages dissemination of its knowledge, this work may be reproduced, in whole or in part, for noncommercial purposes as long as full attribution to this work is given.  \nAny queries on rights and licenses, including subsidiary rights, should be addressed to World Bank Publications, The World Bank Group, 1818 H Street NW, Washington, DC 20433, USA; fax: 202-522- 2625; e-mail: [pubrights@worldbank.org](pubrights@worldbank.org).  \nDOMINICAN REPUBLIC  \nGOVERNMENT FISCAL YEAR  \nJanuary, 1 – December, 31  \nCURRENCY EQUIVALENTS  \nCurrency Unit: Dominican Peso (RD$)(Exchange Rate Effective as of 5/20/2020) US$1 .00 = RD$55 .45  \nAbbreviations and Acronyms  \nAML/CFTBEPS  \nCbCR  \nCIT  \nDGA  \nDGII  \nDR  \nGDP  \nIF  \nIMF  \nITBIS  \nLAC  \nLOB  \nMLI  \nMNE  \nOECD  \nPE  \nPIT  \nPPT  \nRST  \nTADAT  \nUBO  \nVAT  \nAnti-Money Laundering/Combating the Financing of Terrorism  \nBase Erosion and Profit Shifting Country by Country Reporting Corporate Income Tax  \nDirección General DeAduanas Dirección General de Impuestos Internos Dominican Republic  \nGross Domestic Product Inclusive Framework International Monetary Fund  \nImpuesto sobre la transferencia de bienes industrializados y servicios Latin America and the Caribbean  \nLimitation of Benefit  \nMultilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS (The ‘Multilateral Instrument’)  \nMultinational Enterprise  \nOrganization for Economic Co-operation and Development Permanent Establishment  \nPersonal Income Tax Principal Purpose Test Simplified Tax Regime  \nTax Administration Diagnostic Assessment Tool Ultimate Beneficial Ownership  \nValue Added Tax  \n\\  \n\n| Vice President: | Carlos Felipe Jaramillo |\n| --- | --- |\n| Country Director | Michel Kerf |\n| Global Director: | Marcello Estevão |\n| Sector Managers: | Jorge Thompson Araujo and Chiara Bronchi |\n| Task Team Leaders: | Johannes Herderschee and Claudia Vargas |\n\nAcknowledgements  \nThis Policy Note is part of a Public Expenditure Review series. The series is grounded in an ongoing dialogue between World Bank staff and the Dominican Republic’s Ministry of Finance and Ministry of Planning and Economic Development. At the Ministry of Finance, the task was managed by Mr. José Luis Actis, Advisor to the Minister until September 2020 and since October 1, 2020 by Mr. Gian Lucas Marra, Advisor to the Minister, a","cbCaiglWaH5WaEHS","https://ap.wps.com/l/cbCaiglWaH5WaEHS","pdf",1792434,4,1,84,"English","en",105,"# Abbreviations and Acronyms\n## Anti-Money Laundering and BEPS-related Terms\n# Government Fiscal Year and Currency Equivalents\n## January 1 - December 31\n## Exchange Rate and Dominican Peso\n# Institutional and Project Acknowledgements","[{\"question\":\"What is the publication type and date of this document?\",\"answer\":\"It is a World Bank Policy Note dated January 2021.\"},{\"question\":\"Which fiscal year period does the document use for the Dominican Republic?\",\"answer\":\"It uses the government fiscal year January 1 to December 31.\"},{\"question\":\"What currency and exchange rate information is provided?\",\"answer\":\"It lists the currency as Dominican Peso (RD$) and an exchange rate effective as of 5/20/2020: US$1.00 = RD$55.45.\"}]","Dominican Republic Tax System Review - World Bank Policy Note - January 2021 | PDF",1784475248,212,{"code":4,"msg":32,"data":33},"ok",{"site_id":25,"language":24,"slug":34,"title":13,"keywords":35,"description":14,"schema_data":36,"social_meta":87,"head_meta":89,"extra_data":91,"updated_unix":29},"dominican-republic-tax-system-review-world-bank-policy-note-january-2021","",{"@graph":37,"@context":86},[38,54,69],{"@type":39,"itemListElement":40},"BreadcrumbList",[41,45,49,52],{"item":42,"name":43,"@type":44,"position":21},"https://docshare.wps.com","Home","ListItem",{"item":46,"name":47,"@type":44,"position":48},"https://docshare.wps.com/document/","Document",2,{"item":50,"name":12,"@type":44,"position":51},"https://docshare.wps.com/document/research-report/",3,{"item":53,"name":13,"@type":44,"position":20},"https://docshare.wps.com/document/dominican-republic-tax-system-review-world-bank-policy-note-january-2021/108947/",{"url":53,"name":13,"@type":55,"author":56,"headline":13,"publisher":58,"fileFormat":61,"inLanguage":24,"description":14,"dateModified":62,"datePublished":63,"encodingFormat":61,"isAccessibleForFree":64,"interactionStatistic":65},"DigitalDocument",{"name":9,"@type":57},"Person",{"url":42,"name":59,"@type":60},"DocShare","Organization","application/pdf","2026-07-31","2026-07-19",true,{"@type":66,"interactionType":67,"userInteractionCount":20},"InteractionCounter",{"@type":68},"ViewAction",{"@type":70,"mainEntity":71},"FAQPage",[72,78,82],{"name":73,"@type":74,"acceptedAnswer":75},"What is the publication type and date of this document?","Question",{"text":76,"@type":77},"It is a World Bank Policy Note dated January 2021.","Answer",{"name":79,"@type":74,"acceptedAnswer":80},"Which fiscal year period does the document use for the Dominican Republic?",{"text":81,"@type":77},"It uses the government fiscal year January 1 to December 31.",{"name":83,"@type":74,"acceptedAnswer":84},"What currency and exchange rate information is provided?",{"text":85,"@type":77},"It lists the currency as Dominican Peso (RD$) and an exchange rate effective as of 5/20/2020: US$1.00 = RD$55.45.","https://schema.org",{"og:url":53,"og:type":88,"og:title":13,"og:site_name":59,"og:description":14},"article",{"robots":90,"canonical":53},"index,follow",{"doc_id":7,"site_id":25},{"code":4,"msg":5,"data":93},[94,98,102,106,111,116,121,124,129,132,136],{"id":21,"doc_module":4,"doc_module_name":47,"category_name":95,"show_sort_weight":96,"slug":97},"Story & Novel",90,"story-novel",{"id":48,"doc_module":4,"doc_module_name":47,"category_name":99,"show_sort_weight":100,"slug":101},"Literature",80,"literature",{"id":20,"doc_module":4,"doc_module_name":47,"category_name":103,"show_sort_weight":104,"slug":105},"Exam",70,"exam",{"id":107,"doc_module":4,"doc_module_name":47,"category_name":108,"show_sort_weight":109,"slug":110},5,"Comic",60,"comic",{"id":112,"doc_module":4,"doc_module_name":47,"category_name":113,"show_sort_weight":114,"slug":115},6,"Technology",50,"technology",{"id":117,"doc_module":4,"doc_module_name":47,"category_name":118,"show_sort_weight":119,"slug":120},7,"Healthcare",40,"healthcare",{"id":11,"doc_module":4,"doc_module_name":47,"category_name":12,"show_sort_weight":122,"slug":123},30,"research-report",{"id":125,"doc_module":4,"doc_module_name":47,"category_name":126,"show_sort_weight":127,"slug":128},9,"Religion & Spirituality",20,"religion-spirituality",{"id":127,"doc_module":4,"doc_module_name":47,"category_name":130,"show_sort_weight":127,"slug":131},"World Cup","world-cup",{"id":133,"doc_module":4,"doc_module_name":47,"category_name":134,"show_sort_weight":133,"slug":135},10,"Lifestyle","lifestyle",{"id":137,"doc_module":4,"doc_module_name":47,"category_name":138,"show_sort_weight":107,"slug":139},19,"General","general"]