According to an update to the U.S. IRS Country-by-Country Reporting Jurisdiction Status Table on 1 July 2025, the competent authority arrangement with the Dominican Republic on the exchange of Country-by-Country (CbC) reports entered into force (became operative) on 5 May 2025.
The arrangement provides that pursuant to the provisions of Article 4 of 1989 tax information exchange agreement between the two countries, each competent authority intends to automatically exchange CbC reports rece…