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Dominican Republic News

OECD Releases New Tax Information Exchange Ratings

by Mike Godfrey,, Washington

Tuesday, August 11, 2015

The OECD's Global Forum on Transparency and Exchange of Information for Tax Purposes has published new peer review reports for 12 jurisdictions on the implementation of its global standards on transparency and the exchange of information in tax matters. Read Full Story


LatAm, Caribbean Eased Off Austerity In 2013

by Mike Godfrey,, Washington

Wednesday, March 11, 2015

Tax revenues in Latin America and the Caribbean remained stable in 2013 and continue to be considerably lower, as a proportion of national income, than in most Organisation for Economic Cooperation and Development countries, according to a recently released OECD report. Read Full Story


US, Dominican Republic Negotiate FATCA Agreement

by Mike Godfrey,, Washington

Thursday, February 26, 2015

The Dominican Republic and the United States have begun negotiations on an intergovernmental agreement to implement the Foreign Account Tax Compliance Act between the two countries. Read Full Story


Chile, Dominican Republic To Negotiate FTA

by Mike Godfrey,, Washington

Monday, January 19, 2015

Chile and the Dominican Republic expect to formally start negotiations towards a free trade agreement in April this year, Chile's General Director of International Economic Relations, Andrés Rebolledo said. Read Full Story


Dominican Republic To Tax Internet-Bought Goods

by Mike Godfrey,, Washington

Tuesday, August 12, 2014

The Dominican Republic is to subject previously exempt low-value imported goods, purchased online, to value-added tax, luxury tax, and import taxes, from August 15, 2014, after the Customs Authority's decision to revoke the de minimis rule. Read Full Story


Costa Rica, Panama FTA With EFTA To Take Force

by Ulrika Lomas,, Brussels

Thursday, July 31, 2014

A free trade agreement between the European Free Trade Association states – Iceland, Liechtenstein, Norway, and Switzerland – and Costa Rica and Panama will enter into force shortly, after ratification procedures were completed by all parties. Read Full Story


Dominican Republic Slashes Deficit

by Mike Godfrey,, Washington

Tuesday, March 18, 2014

The International Monetary Fund has recommended that the Dominican Republic broaden its tax base and cut back tax exemptions. Read Full Story


FDI In Latin America And Caribbean Hits Record High

Mike Godfrey,, New York

Monday, June 24, 2013

In 2012, Latin America and the Caribbean received a record USD173.4bn of foreign direct investment (6.7 percent more than in 2011), despite an external context characterized by shrinking FDI flows worldwide, according to the United Nations Economic Commission for Latin America and the Caribbean. Read Full Story


Antigua and Barbuda Approaches Joe Biden

Mike Godfrey, New York

Tuesday, June 11, 2013

Prime Minister of Antigua and Barbuda, Baldwin Spencer, said he came away from a recent meeting between leaders of the Caribbean Community and the Dominican Republic and US Vice President Joe Biden encouraged about the prospects in the cross-border gaming dispute between Antigua and Barbuda and the US. Read Full Story


Canada Promoting Latin American Trade Links

by Mike Godfrey,, Washington

Friday, February 15, 2013

Canada's Foreign Affairs Minister is visiting a number of Latin American countries to pursue its membership of the Pacific Alliance, and promote the Government's trade agenda. Read Full Story



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