Taxation of Cryptocurrencies in the Dominican Republic
The Dominican Republic has yet to establish a comprehensive legal framework for the taxation of cryptocurrencies. As a result, the tax treatment of cryptocurrencies remains uncertain and subject to interpretation by tax authorities.
Classification of Cryptocurrencies
The Dominican Republic's tax code does not explicitly define cryptocurrencies. However, the General Directorate of Internal Taxes (DGII) has issued a series of rulings that provide some guidance on the classification of cryptocurrencies for tax purposes.
