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Dominican Republic Reminds Taxpayers of Expense Distribution and Cost Sharing Agreement Reporting Requirements

|Approved Changes|Dominican Rep
Dominican Rep

The Dominican Republic tax authority (DGII) has published Informative Notice 55-18 of 10 October 2018 concerning the reporting obligations of taxpayers in respect of corporate expense distribution agreements and cost sharing agreements. The Notice reminds taxpayers that as per the transfer pricing rules, expenses incurred with related parties in respect of expense distribution agreements are not deductible unless such agreements have been remitted to the DGII prior to the expense being incur…

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