On 7 August 2026, the DGII released its monthly collection report showing that total revenue for July 2026 exceeded RD$81,475 million, propelled by strong performance in ITBIS (VAT) and Income Tax (ISR). ITBIS collections grew by 12% year-over-year, reflecting increased formal economic activity and improved compliance from e-invoicing. ISR revenues rose 9%, supported by higher corporate profits and effective withholding enforcement. The results keep the DGII on track to meet its annual revenue target.
Key Takeaways
- VAT as Primary Growth Engine: ITBIS contributed over 45% of monthly revenue, highlighting the success of electronic invoicing in broadening the tax base and reducing evasion.
- Income Tax Resilience: Despite global economic headwinds, corporate and personal income tax collections remained robust, aided by enhanced withholding regimes and digital reporting.
- Fiscal Outlook Positive: The cumulative January-July revenue surpasses projections, providing fiscal space for planned public investment and debt management.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement