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

The Dominican Republic's General State Budget for 2027 projects a total tax expenditure of 458,629.9 million pesos. Of this total, the ITBIS (Value Added Tax) is expected to account for 54.5 percent of the projected expenditure.

This fiscal projection represents a significant increase, nearly doubling the tax expenditure recorded in 2021. The figures are presented within an economic framework that anticipates a fiscal deficit of 327,281.5 million pesos for the 2027 period.