The Dominican Republic's Directorate General of Internal Revenue (DGII) recently published consultation letter G.L. No. 25641 in response to a question regarding a tax credit for foreign tax withheld on a payment for services from a foreign client to a resident company. The letter clarifies that the company may claim a credit for foreign tax withheld against income tax provided that the credit rate does not exceed 27%, which corresponds to the Dominican Republic's corporate rate. In order to…