Dominican Republic: Proposed Tax Reform Likely to Have a Negative Impact over US Agricultural Exports to the Dominican Republic

  |   Attaché Report (GAIN)   |   DR2024-0015

Link to report:

Dominican Republic: Proposed Tax Reform Likely to Have a Negative Impact over US Agricultural Exports to the Dominican Republic
On October 7, 2024, the Government of the Dominican Republic announced a proposed a tax reform bill that could have significant implications for U.S. agricultural exports, particularly in the pork, beef, and beverage sectors. The proposal has sparked considerable public opposition and protests. Key changes include a shift to an 18 percent Value Added Tax (VAT) on most consumer-oriented products and selective taxes on alcoholic beverages will increase, leading to an estimated 17 percent rise in retail prices, while a new tax on “sugary” non-alcoholic beverages could raise prices by 11 percent.
Exporting
Western Hemisphere, Dominican Republic
Poultry Meat & Prods. (excl. eggs)

Database Source:

Related Reports

View More
Attaché Report (GAIN)

Spain: Spain Seafood Report 2025

Spain is one of the world’s largest markets for fish and seafood. In 2024, it was the fourth largest importer of fish and seafood in the world - after much larger countries like the United States, China, and Japan.
Attaché Report (GAIN)

Canada: Canada Issues New Directive for Importation of Grapevine Material for Propagation

The Canadian Food Inspection Agency has issued a new directive for “Phytosanitary requirements for the importation and domestic movement of grapevine material for propagation or decorative use as fresh cut vines”.
Attaché Report (GAIN)

Senegal: FAIRS Export Certificate Report Annual

This report provides information on export certificates and other certification/accreditation required for imported food and agriculture products, including live animals. There is no update for 2024.