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How much tax has to be paid for the transfer of real property in the Dominican Republic?

April 26, 2017dominican republic paid Property tax transfer

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How much tax has to be paid for the transfer of real property in the Dominican Republic?

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The transfer of real estate property is subject to the payment of the following taxes and duties: (i) 4% of the purchase price; (ii) 12% of (i); (iii) in some cases, 2% of the purchaseprice on the seller’s account; and (iv) stamps for purchase price/1,000 x 2.