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Important Reminders Regarding VAT Exemptions & Payments

Please take note of some important reminders regarding VAT Exemptions and Payments in the Commonwealth of Dominica: Every registered person known as a taxable person must charge VAT on every supply provided (section 9). Only a taxable person (section 52) and persons of section 54 are eligible for VAT refund. Persons in an exempt activity must not charge.. read more

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Private Sector benefits from 2014/2015 Budget

The 2014 /2015 national budget was presented in July under the theme “Towards Expansion of the Economy”. As part of the presentation, several private sector economic stimuli, toward the expansion of the economy were revealed. They include: Reduction of corporate tax form 30% to 25% over a two year period effective January 2015. Many businesses will.. read more

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Inland Revenue Division Introduces Tax e-Filing System

As part of an ongoing reform process, the Inland Revenue Division (IRD) has launched a tax e-filing system for tax payers in the Commonwealth of Dominica. The services provided are: Registration of e-user module enabling electronic user (e-user) registration, Inland Revenue Division user registration, and empowerment of the e-user to use e-services on behalf of.. read more