The Director of the Dominican Tax Administration (DGII) announced that they will begin implementing an electronic invoicing (e-Invoicing) mandate, with a pilot study kicking off in January 2019. E-invoicing requirements vary from country to country and much of the relevant details on the Dominican approach are yet to be learned. We expect additional details to be released (including the relevant regulations, requirements, and technical schema) over the coming months. Today, the Dominican Republic uses fiscal printer technology as a means of ensuring retail transactions are reported to the Government and tax is properly collected. However, tax avoidance and evasion continue to be a concern and the move to a more comprehensive real-time (or near real-time) reporting requirement is not unexpected. Rather, it’s indicative of a clear global trend that was first spotted in South America but is now spreading globally. Governments are hungry for the data that allows them to ensure every penny of tax due is collected, remitted, and reported – and they are not willing to wait.
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About the Author
As Tax Counsel, Ramon is licensed to practice law in the Dominican Republic and is a member of the Dominican Bar Association. He has a Certificate Degree from Harvard University as well as a JD from the Universidad Autonoma de Santo Domingo.Ramon has written many essays about tax administration, and for one of them won the first prize in the international essays contest sponsored by the Inter American Center of Tax Administrations (CIAT). Prior to joining Sovos Compliance, Ramon worked for more than 10 years in the Department of Revenue of the Dominican Republic where he served as Deputy Director. He is proficient in French and Spanish.More Content by Ramon Frias