The Dominican Republic has published the draft Budget for 2021. Some of the main tax-related measures of the budget include the introduction of new special taxes to increase revenue, including:
- A temporary contribution of 8% on the "extraordinary profit" of legal entities earned in 2020, which is the amount of profit reported in the return filed in 2021 (for 2020) that exceeds a 5% increase in profit as compared to the previous year (not applicable to new companies whose second fiscal year i…