Notices issued by the Dominican Tax Authorities from April 27-29, 2020
I. NOTICE NO. 53-20
Validity of motor vehicles’ exhibition license plates will be extended up to May 30, 2020.
II. NOTICE NO. 54-20
Dominican Tax Authorities publishes the following inflation index table for the 1980-2020 period regarding the adjustment for inflation determination of capital assets for the year-end of March 31, 2020.
YEARS | INDEX | YEARS | INDEX | YEARS | INDEX |
1980 and previous years |
101.3955 | 1994 | 6.9146 | 2008 | 1.5305 |
1981 | 92.8128 | 1995 | 6.0538 | 2009 | 1.494 |
1982 | 81.4316 | 1996 | 5.6857 | 2010 | 1.3907 |
1983 | 76.7897 | 1997 | 5.3297 | 2011 | 1.2924 |
1984 | 68.6705 | 1998 | 5.0637 | 2012 | 1.2315 |
1985 | 45.3447 | 1999 | 4.7034 | 2013 | 1.1731 |
1986 | 40.9259 | 2000 | 4.4487 | 2014 | 1.1391 |
1987 | 38.1054 | 2001 | 4.0051 | 2015 | 1.1319 |
1988 | 28.5485 | 2002 | 3.8538 | 2016 | 1.1142 |
1989 | 19.4642 | 2003 | 3.2465 | 2017 | 1.0802 |
1990 | 14.3498 | 2004 | 2.0000 | 2018 | 1.0396 |
1991 | 7.9104 | 2005 | 1.9177 | 2019 | 1.0245 |
1992 | 7.8501 | 2006 | 1.7714 | 2020 | 1.0000 |
1993 | 7.3003 | 2007 | 1.6785 |
III. NOTICE NO. 55-20
For the income taxpayers with year end as of March 31, 2020, the official index for the inflation adjustment is 1.0245, as published by the Central Bank of the Dominican Republic.
IV. NOTICE NO. 56-20
Tax Authorities established a new digital procedure for the release of motor vehicles from their system, thus allowing the taxpayer to complete such procedure remotely without the need to physically approach the Authorities’ offices.