income tax in DR

mariner

New member
Mar 22, 2002
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We contract with an individual to manage our Condominium complex in the DR. This person is contracted on a yearly renewable basis. What is the responsibility of the Condo Association regarding income tax ?
 

frederic

DR1 Expert
Jan 1, 2002
93
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Deduct Income Tax

You should withhold income tax from his salary....yes I know its a contract, but the tax colllector will conisder it a salary, unless of course its a company. But if its a person, and your condo doesn't withhold, you could be liable if he doesn't pays his taxes; of course, if either is caught, which is near to impossible, since the tax collector go after the big cats mostly.

You could also ask a Dominican Accountant, which I am not.