Total Tax Rate (As % of Commercial Profits) remained unchanged in Dominican Republic in 2018

Total Tax Rate (As % of Commercial Profits) (%)
Economy | Dominican Republic | May 17, 2019
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Total tax rate as a percentage of commercial profits reached 0.488 % in 2018 in Dominican Republic, according to the National Statistical Office. This is the same as in the previous year.

Historically, total tax rate as a percentage of commercial profits in Dominican Republic reached an all time high of 0.488 % in 2017 and an all time low of 0.352 % in 2008. When compared to Dominican Republic's main peers, total tax rate as a percentage of commercial profits in Jamaica amounted to 0.351 %, 0.530 % in Mexico and 0.438 % in USA in 2018.

Dominican Republic has been ranked 41st within the group of 172 countries we follow in terms of total tax rate as a percentage of commercial profits, 77 places above the position seen 10 years ago.

The total tax rate measures the amount of taxes and mandatory contributions payable by businesses after accounting for allowable deductions and exemptions as a share of commercial profits.

Total Tax Rate (As % of Commercial Profits) Unit 2010 2011 2012 2013 2014 2015 2016 2017 2018
Belize % 0.332% 0.311% 0.311% 0.311% 0.311%
Canada % 0.201% 0.199% 0.211% 0.211% 0.210%
Cayman Islands % ... ... ... ... ... ... ... ... ...
China % 63.7% 0.688% 0.686% 0.679% 0.682%
Cuba % ... ... ... ... ... ... ... ... ...
Dominican Republic % 0.434% 0.435% 0.435% 0.435% 0.424%
Guatemala % 0.409% 0.409% 0.399% 0.375% 0.352%
Haiti % 0.404% 0.403% 0.403% 0.403% 0.403%
Honduras % 0.395% 0.426% 0.418% 0.443% 0.444%
Jamaica % 0.466% 0.465% 0.411% 0.353% 0.331%
Japan % 49.2% 0.487% 0.503% 0.504% 0.488%
Mexico % 52.5% 0.517% 0.518% 0.519% 0.520%
USA % 46.4% 0.438% 0.438% 0.439% 0.440%