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03 January 2025

Dominican Republic Tax Administration grants automatic extension for filing CbCR

  • Taxpayers in the Dominican Republic that are obligated to file country-by-country reports for fiscal year 2023 must now do so by 31 January 2025.
 

Taxpayers covered by the Country-by-Country Report (CbCR) obligation will now have until 31 January 2025 to submit the CbCR for fiscal year (FY) 2023. On 31 December 2024, the Tax Administration issued a statement through Notice 26-24 announcing the extension for taxpayers covered by the CbCR obligations for FY 2023.

Background

The provisions established in General Norm 08-2021 apply to taxpayers that are the Ultimate Parent Entity (UPE) or Constituent Entity (CE) of a Multinational Group (MNE Group) with consolidated annual revenue of at least 38.8 billion Dominican pesos (DOP38.8b) (i.e., €750m according to the 2015 exchange rate established in Notice 18-22) and are tax resident in the Dominican Republic.

Implications

Affected UPEs and CEs of MNE Groups should take care to comply with the extended deadline and consult their tax advisors as needed.

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Contact Information

For additional information concerning this Alert, please contact:

EY Dominican Republic

Published by NTD’s Tax Technical Knowledge Services group; Carolyn Wright, legal editor

Document ID: 2025-0125

 

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