The Dominican Republic has sent Congress a fiscal plan raising the top corporate rate to 30% for its largest companies, two years after a failed reform.
Dominican Republic raises corporate tax 27%→30% (3 years) on large firms to close fiscal gap. For investors: signals fiscal discipline in the region's fastest-growing economy, but repeated temporary measures risk eroding confidence in long-term stability.
Macro · Dominican Republic
Key Facts
—The plan. The government has sent Congress a package to raise around fifty billion pesos.
—The headline. The top corporate rate would rise from twenty-seven to thirty percent.
—The target. Only the largest firms are hit, fewer than a thousand companies in all.
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