The Dominican Republic enacted Law No. 30-26 on Economic Growth Measures, Fiscal Simplification, and Mitigation of the International Crisis on 18 June 2026. The law entered into force the following day, 19 June 2026.
Four measures are of immediate relevance to multinationals operating in or through the Dominican Republic.
Temporary corporate income tax increase. The corporate income tax rate rises temporarily to 30% for certain large taxpayers. The law does not appear to define the threshold for "large taxpayer" status in the source material, so groups should verify whether their Dominican entities fall within scope under the relevant administrative criteria.
New withholding taxes on cross-border payments. The law introduces withholding tax obligations on outbound payments for royalties, technical assistance, software licences, online advertising services, and data storage. Groups with intercompany or third-party arrangements involving any of these categories should review their existing contracts and payment flows to quantify the new exposure and consider whether treaty relief is available.
Accelerated depreciation. A new accelerated depreciation regime applies to qualifying machinery and equipment. This offers a timing benefit for capital-intensive businesses and may warrant reconsideration of planned or recent investment decisions in the jurisdiction.
Tax amnesty. A temporary amnesty is available for certain outstanding tax liabilities. Groups with unresolved Dominican tax positions should assess which liabilities qualify and evaluate whether settlement under the amnesty is advantageous.
The combination of a higher headline rate and new withholding obligations makes prompt review essential for any multinational with a Dominican supply chain, licensing arrangement, or digital services presence.