{"id":510955,"date":"2026-06-11T14:49:50","date_gmt":"2026-06-11T18:49:50","guid":{"rendered":"https:\/\/deultimominuto.net\/en\/uncategorized\/government-proposes-raising-corporate-income-tax-to-30-for-three-years-for-large-companies\/"},"modified":"2026-06-11T14:49:50","modified_gmt":"2026-06-11T18:49:50","slug":"government-proposes-raising-corporate-income-tax-to-30-for-three-years-for-large-companies","status":"publish","type":"post","link":"https:\/\/deultimominuto.com\/en\/economy\/government-proposes-raising-corporate-income-tax-to-30-for-three-years-for-large-companies\/","title":{"rendered":"Government proposes raising corporate income tax to 30% for three years for large companies"},"content":{"rendered":"\n

SANTO DOMINGO.- The Dominican government proposed increasing the corporate income tax to 30%<\/strong> for a period of three years for companies with annual revenues exceeding RD$1 billion, as part of the package of economic measures to be submitted to the National Congress to strengthen public finances.<\/p>\n\n\n\n

Corporate income tax at 30% would impact about 1,000 large companies<\/h2>\n\n\n\n

In accordance with the initiative presented by the Ministry of Finance and Economy<\/a>, the measure would apply exclusively to large taxpayers and would temporarily increase the corporate Income Tax rate from 27% to 30%.<\/p>\n\n\n\n

According to official estimates, the increase in the corporate income tax (ISR) to 30%<\/strong> would affect just over 1,000 companies out of a universe of nearly 140,000 that filed tax returns in 2025, which represents less than 0.8% of total corporate taxpayers.<\/p>\n\n\n\n

The authorities maintain that the measure seeks to concentrate collection efforts on companies with greater economic capacity, while maintaining protection for micro, small, and medium-sized enterprises, which would not be affected by this temporary increase.<\/p>\n\n\n\n

The Government explained that this surcharge is part of a strategy to obtain between RD$40,000 and RD$50,000 million additional, resources that would be destined to face the pressures derived from the international crisis, preserve macroeconomic stability, and sustain investment and social protection programs.<\/p>\n\n\n\n

In addition to the 30% corporate income tax<\/strong>, the project includes other measures such as an increase in the tax on checks and electronic transfers, the creation of a selective tax for electronic cigarettes and vapers, an increase in the taxation of casinos and gambling, and an additional US$10 charge on airline tickets.<\/p>\n\n\n\n

The Minister of Finance and Economy, Mag\u00edn D\u00edaz<\/a>, stated that the design of the proposal seeks to distribute the tax burden progressively, focusing on taxpayers with a greater ability to pay and avoiding new burdens for MSMEs and the majority of citizens.<\/p>\n\n\n\n

If approved by the National Congress, the measure establishing a 30% corporate income tax<\/strong> would be in effect for three years and would be part of the government’s plan to strengthen fiscal sustainability without modifying the ITBIS rate or base.<\/p>\n","protected":false},"excerpt":{"rendered":"

SANTO DOMINGO.- The Dominican government proposed increasing the corporate income tax to 30% for a period of three years for companies with annual revenues exceeding RD$1 billion, as part of the package of economic measures to be submitted to the National Congress to strengthen public finances. Corporate income tax at 30% would impact about 1,000 […]<\/p>\n","protected":false},"author":4,"featured_media":510956,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","_members_access_role":[],"_members_access_error":""},"categories":[4],"tags":[44171,40908,42174,40508],"class_list":["post-510955","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-magin-diaz","tag-ministry-of-finance","tag-tax-reform","tag-taxes"],"acf":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/phj1q1-28Vd","jetpack_featured_media_url":"https:\/\/deultimominuto.com\/en\/wp-content\/uploads\/sites\/2\/2026\/06\/IMG_6719.jpeg","dum_api":{"author_name":"Redacci\u00f3n De \u00daltimo Minuto","author_image":"https:\/\/deultimominuto.com\/wp-content\/uploads\/2025\/02\/cropped-logo-de-ultimo-minuto-96x96.png","categories_name":["Economy"],"featured_media_url":"https:\/\/cdn.deultimominuto.com\/en\/wp-content\/uploads\/sites\/2\/2026\/06\/IMG_6719.jpeg"},"_links":{"self":[{"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/posts\/510955","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/comments?post=510955"}],"version-history":[{"count":0,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/posts\/510955\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/media\/510956"}],"wp:attachment":[{"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/media?parent=510955"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/categories?post=510955"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/tags?post=510955"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}