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. This figure represents a significant increase, nearly doubling the amount recorded in 2021.

Within this fiscal framework, the Tax on Transfers of Industrialized Goods and Services (ITBIS) is expected to account for 54.5% of the total tax expenditure. These projections are set against a backdrop of an anticipated fiscal deficit of 327,281.5 million pesos for the same period.