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Dominican Republic’s Executive Branch enacts voluntary disclosure program and tax amnesty

|Tax Alerts, Legislation & Policy, Na ...|Dominican Rep
Dominican Rep

On 19 February 2020, the Dominican Republic enacted Law No. 46-20 of Transparency and Asset Revaluation (the Law), which establishes a voluntary disclosure program for taxpayers who did not previously report certain assets to voluntarily report those assets or revaluate assets previously reported. The Law also establishes a tax amnesty program for all existing tax liabilities, regardless of t…

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