This part of GOV.UK is being rebuilt – find out what beta means

HMRC internal manual

Double Taxation Relief Manual

Dominican Republic: Underlying Tax

(This content has been withheld because of exemptions in the Freedom of Information Act 2000)

The accounts showing the profits used to pay the dividend and tax declaration showing the tax payable on these profits will be required by the Underlying Tax Group.


Relevant profits are reduced by transfers of 5% of the annual net profit to a legal reserve until that reserve is equal to 10% of the subscribed capital.