Dominican Republic’s transfer pricing almost aligned with OECD
July 20, 2011
The Dominican Republic’s tax authority, Direccion General de Impuestos Internos (DGII), is implementing new documentation requirements on transfer pricing, effective fiscal year 2011.
The requirements, laid out under the Norma General 04-2011 notification, state that tax filers must send an informative return within 60 days of sending their general tax returns. For fiscal year 2011, there will be an additional 30 days to submit the necessary documentation.
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