The Dominican tax authority (DGII) in late January 2020 issued General Rule No. 02-2020 to amend the tax regime for investment funds and their administrators in the Dominican Republic.
The new rule includes the following:
The guidance also addresses the requirements for the registration by investment funds with the DGII.
Read a February 2020 report [PDF 189 KB] prepared by the KPMG member firm in the Dominican Republic