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. Within this framework, the ITBIS (Value Added Tax) is expected to account for 54.5% of the total, representing a significant increase compared to figures recorded in 2021.

This fiscal projection coincides with an anticipated fiscal deficit of 327,281.5 million pesos for the same period. The data highlights the government's current fiscal planning and the substantial scale of tax expenditures relative to the projected national deficit.