Dossier
1 billion pesos
Coverage of 1 billion pesos in the Nexus archive.
- Dominican Republic Signs a 30% Tax on Its Biggest Firms Into Law
President Luis Abinader signed Law 30-26, increasing the tax rate for the Dominican Republic's largest companies to 30% from 27% for three years. The law targets firms with annual revenue exceeding 1 billion pesos (about $17 million), affecting just under 1% of companies, including foreign entities.