Dominican Republic Consulting on General Standard for CbC Reporting Requirement

The Dominican Republic's Directorate General of Internal Revenue (DGII) has announced a public consultation on a draft general standard for Country-by-Country (CbC) reporting. Comments are due by 7 September 2021.

The requirement to submit a CbC report was introduced by Decree No. 256-21 of 20 April 2021 with effect from 2022, although specific rules for the application of the requirement were not provided in the Decree. The specifics are provided by the draft general standard, including t…