Countries › Dominican Republic › Guide › 16. What is normal abroad but not here › Cash above RD$50,000 loses its tax effect

Cash above RD$50,000 loses its tax effect

Last verified: 2026-10-30 · Status: Stable

Abroad cash is just another way to pay; here a payment above RD$50,000 in cash cannot support a deduction or a tax credit. The anti money laundering law also bans cash above set amounts for land, vehicles, jewelry, shares and some other deals. Notaries and registrars must refuse such deals in cash without proof of the means of payment.

USD figures use the Banco Central de la República Dominicana reference selling rate of RD$60.9007 per US dollar for 29 October 2026, the latest row in its published rate file on the verification date, rounded to the cent.

Key facts

Cash payment above this loses tax effect	50000 DOPLey 11-92 art. 287 paragraph I, as of 2026-10-30 · in force
Cash limit for real estate	1500000 DOPLey 155-17 art. 64; Resolución CONCLAFIT-2025-01, as of 2026-10-30 · in force
Cash limit for vehicles, aircraft and boats	800000 DOPLey 155-17 art. 64; Resolución CONCLAFIT-2025-01, as of 2026-10-30 · in force
Cash limit for shares and company interests	400000 DOPLey 155-17 art. 64 f; Resolución CONCLAFIT-2025-01, as of 2026-10-30 · in force

The rule

1. Taxpayers making payments above RD$50,000 must, on top of fiscal receipts, use a banking or financial means other than cash that identifies the payee, to support deductible costs, tax credits and other outlays with tax effect.
Cost to do it: Loss of the deduction: 27% of the amount for a company on the general rate.
Example: Cash payment RD$80,000: extra tax RD$21,600. / Cash payment US$1,313.61: extra tax US$354.68.Ley 11-92, Código Tributario, art. 287 paragraph I, 2012-11-09 official text · verified 2026-10-30

2. The RD$50,000 amount can be adjusted for inflation published by the Banco Central.Ley 11-92, Código Tributario, art. 287 paragraph II, 2012-11-09 official text · verified 2026-10-30

3. Companies pay 27% on net taxable income. For fiscal periods 2026 to 2028, those with income from RD$1,000,000,000 pay 30%.Ley 30-26, restating art. 297 of the Código Tributario, art. 15, 2026-06-18 official text · verified 2026-10-30

4. Nobody may pay or accept payment in cash, in any currency, or in precious metals for the listed operations above set amounts.Ley 155-17 contra el Lavado de Activos, art. 64, 2017-06-01 official text · verified 2026-10-30

5. Since 1 September 2025 the amounts are RD$1,500,000 for real estate rights, RD$800,000 for vehicles, aircraft and boats, RD$700,000 for watches, jewelry and art, and RD$400,000 for gaming tickets and prizes, casinos, shares and company interests, and use rights over those goods.Resolución CONCLAFIT-2025-01 as reported in DGII notice 27-25, Threshold table, 2025-09-01 official text · verified 2026-10-30 · changed: Resolución CONCLAFIT-2025-01 raised the art. 64 amounts from RD$1,000,000, RD$500,000, RD$450,000 and RD$250,000.

6. Notaries and registrars, including commercial registrars, must not act on a banned cash operation unless given reliable proof of the means of payment for their files.Ley 155-17 contra el Lavado de Activos, art. 64 paragraph II, 2017-06-01 official text · verified 2026-10-30

Operation	Limit	USD
Real estate rights	RD$1,500,000	US$24,630.26
Vehicles, aircraft and boats	RD$800,000	US$13,136.14
Watches, jewelry and art	RD$700,000	US$11,494.12
Literals d to g, including shares	RD$400,000	US$6,568.07

Cash limits under Ley 155-17 art. 64 from 1 September 2025

Worked example

A company pays a contractor RD$80,000 (US$1,313.61) in cash, with a valid fiscal receipt. The expense has no tax effect. At 27% that costs RD$21,600 (US$354.68) of extra income tax, plus any ITBIS credit on the invoice.

Step by step

Set a company rule: transfer or check for anything above RD$50,000.
Identify the payee on the payment.
Keep bank proof with the fiscal receipt.
For land, vehicles, shares and similar deals, check the art. 64 limit first.
Give the notary proof of payment.

Common traps

The text has no express rule on splitting, but several small cash payments on one debt invite a challenge, so treat the total as the test.
DGII may index the amount by inflation, so check it each year.
The art. 64 limits are about the operation, in any currency.
Cash above the art. 64 limits is banned outright, so this is more than a tax cost.

Sources

← Fiscal receipts: no NCF, no tax effectThe 0.2% tax on checks and transfers →

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