The amendments modify current transfer pricing regulations and require taxpayers to file the country-by-country report and notification, master file and local file.
On 21 April 2021, the Dominican Republic’s Tax Administration (DGII) issued Decree 256-21 (the Decree), which modifies Articles 5, 7, 10 and 18 of the transfer pricing regulations established by Decree No. 78-14 of 14 March 2014. The Decree is effective 1 January 2021.
Background
In October 2018, the Dominican Republic joined the Organ…