ITBIS will represent 54.5% of the projected tax expenditure for 2027

The General State Budget for 2027 in the Dominican Republic projects a tax expenditure of 458,629.9 million pesos. Within this framework, the ITBIS (Tax on Transfer of Industrialized Goods and Services) is expected to account for 54.5% of the total projected tax expenditure for that year. This figure represents a significant increase, nearly doubling the tax expenditure recorded in 2021.

Economic projections for the 2027 period also anticipate a fiscal deficit reaching 327,281.5 million pesos. These figures highlight the government's current fiscal planning and the scale of tax exemptions or incentives relative to the broader national budget.