Income Tax

D

Duck

Guest
At what annual income level is one required to pay income tax in the Dominican Republic in general?
 
F

Freddy

Guest
Income up to RD$102,792.00 annually, does not pay taxes

Income from RD$102,792.01 to RD$171,309.00, pays 15%

Income from RD$171,309.01 to RD$256,957.00, pays RD$10,278.00 plus 20% of the amount over RD$171,309.00

Income from RD$256,957.01 upwards, pays RD$27,408.00 plus 25% of the amount over RD$256,957.01.

However these rates and scales will probably be lowered after a proposed reform takes place, possibly during the next days/weeks (actually in debate in Congress)

If you are interested in more ingormation regarding taxes in the DR go to:

http://www.dgii.gov.do/

or directly to over 300 FAQs about DR taxes in

http://www.dgii.gov.do/preguntas.htm

GOOD LUCK