The Dominican Republic will tax Airbnb activity next year. This is reflected in the draft General State Budget Law (PGE) for 2023 and has been confirmed by the Minister of Finance, Jochi Vicente. The politician has assured that the vacation rental platform represents unfair competition for the country’s hotels, so it is necessary to tax it.
As N Digital has learned, the draft of the 2023 budgets includes several taxes that, without having finalized the regulations that regulate them, will have a decisive effect on next year’s fiscal year. This is the case of the Tax on Transfers of Industrialized Goods and Services (Itbis), which has not yet been approved, but which is already contemplated in the PGE.
It should be recalled that the Dominican Minister of Tourism, David Collado, promised last July that the first measures to regularize Airbnb activity would begin to be taken in August. In the end, it will be necessary to wait until next year for this activity to be taxed.
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