Dominican Republic Corporate Tax Rate2022 Data - 2023 Forecast

Name: Dominican Republic Corporate Tax Rate
Creator: TRADING ECONOMICS
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Keywords: Dominican Republic,Corporate Tax Rate,data,chart,actual,historical,values,calendar,forecast,graph,2022,2023,2024

The Corporate Tax Rate in Dominican Republic stands at 27 percent. source: Direccion General de Impuestos Internos

Corporate Tax Rate in Dominican Republic averaged 26.44 percent from 1997 until 2023, reaching an all time high of 30.00 percent in 2006 and a record low of 25.00 percent in 1998. This page provides - Dominican Republic Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Dominican Republic Corporate Tax Rate - values, historical data and charts - was last updated on June of 2023.

Corporate Tax Rate in Dominican Republic is expected to reach 27.00 percent by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the Dominican Republic Corporate Tax Rate is projected to trend around 27.00 percent in 2024, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Personal Income Tax Rate	25.00	25.00	percent	Dec 2023
Corporate Tax Rate	27.00	27.00	percent	Dec 2023
Sales Tax Rate	18.00	18.00	percent	Dec 2023

Dominican Republic Corporate Tax Rate

In Dominican Republic, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Dominican Republic.