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Dominican Republic Corporate Tax Reduction Proposed

|Proposed Changes|Dominican Rep
Dominican Rep

On 23 July 2014, the Dominican government presented the 2014-2015 draft budget law, which includes a proposal to reduce  the corporate income tax rate by 5 percent. The proposal will reduce the current 30 percent corporate tax rate to 28 percent effective 2015 and 25 percent effective  2016.

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