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Dominican Republic tax reforms and revenue growth
Overview
In mid‑July 2026, the Dominican Republic’s Directorate General of Internal Taxes (DGII) introduced Law 30‑26, a fiscal package designed to boost investment and formalize the informal sector. The law caps late‑payment surcharges at 3%, offers a tax‑amnesty scheme for arrears until 31 December 2026, and lowers rates on capital‑gain income, company formation, and mortgages. A week later, the DGII reported that four taxes—ITBIS, personal income tax, corporate income tax, and asset tax—accounted for 62% of total collections in the first half of 2026, totaling 515.38 million pesos. By August 2026, the DGII confirmed that July 2026 collections reached RD$81,475.1 million, a 6.5% year‑on‑year increase that exceeded the revised budget goal of RD$79,644.0 million by RD$1,831.1 million, representing a “102.31% compliance rate.” This growth was primarily driven by ITBIS, which generated RD$20,123.7 million (up 17.1%), and Personal Income Tax, which contributed RD$10,910.6 million (up 18.7%) due to more taxed employees and higher withholdings. For the period of January to July 2026, total collections amounted to RD$596,864.7 million, an 8.8% increase over the same period in 2025. In September 2026, the DGII reported that collections for the first eight months of the year reached 671,866 million pesos, an 8.5% increase compared to 2025. August 2026 revenue totaled 75,007.8 million pesos, a 6.6% year-on-year increase; when excluding extraordinary income, August's collection grew by 11.2%. Key drivers included ITBIS, which rose 10.5% to 20,559.6 million pesos, and selective fuel taxes, which increased by 29.3%. This growth coincides with an anti-crisis plan that increased the corporate income tax rate to 30% for three years for large taxpayers with annual incomes exceeding 1,000 million pesos. However, later reports in September indicated that the DGII missed its August revenue target, collecting RD$75,011.9 million against a projected RD$76,048.5 million, or 98.6% of the goal.
Entities
Dirección General de Impuestos Internos · Dirección General de Impuestos Internos (DGII)
Timeline
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[BUSINESS] 2 sourcesDGII misses Dominican Republic tax revenue target for August
The Dominican Republic's DGII collected 98.6% of its August tax revenue goal, missing the target by RD$1,036.6 million despite government anti-crisis measures.
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[BUSINESS] 6 sourcesDGII reports 8.5% increase in tax revenue for 2026
Dominican Republic's DGII reported 671,866 million pesos in tax revenue for the first eight months of 2026, an 8.5% increase driven by ITBIS and corporate tax adjustments under an anti-crisis plan.
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[BUSINESS] 4 sourcesDGII reports RD$81,475 million in tax collections for July 2026
Dominican Republic's DGII reported July 2026 tax collections of RD$81,475.1 million, a 6.5% annual increase driven by growth in Itbis and personal income tax.
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[BUSINESS] 2 sourcesDominican Republic Tax Agency Reports Four Taxes Generate 62% of Revenue in H1
Four taxes – ITBIS, personal and corporate income tax, and the asset tax – generated 62% of Dominican Republic's DGII revenue in H1 2026, totaling 515 million pesos.
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[BUSINESS] 6 sourcesDominican Republic DGII unveils tax incentives under Law 30-26 for businesses
Dominican DGII details Law 30‑26’s tax cuts, amnesty and incentives to spur investment and formalisation, capping late fees, lowering corporate and mortgage taxes, and offering exemptions for small firms.
Sources
360radio.com.co · akasyam.com · business.inquirer.net · cronicaeconomica.com · diariocibao.com · diarioestrategia.cl · diariojuridico.com · diariolibre.com · dr1.com · eldiariodehoy.com · elintra.com.ar · elpaisdominicano.do · elveedordigital.com · gestion.pe · institutoecofaxina.org.br · okdiario.com · paginaextra.com · rtpbolivia.com.bo
This summary has been updated 4 times: see revision history