My questions concern withholding of Dominican Income Tax from payroll. The current amount exempt from Income tax is RD$ 290,243.01 for the year 2007. The tax department calculator uses $24,186.92/month as exempt from Income Tax.
In cases where the employees do not earn the same amounts throughout the year, are they required to pay income tax in the months where their income exceed RD$ 24, 186.92 but their annual income will fall below RD$ 290,243.01.
My second question is income calculated for the dates on which it is earned or the dates it is paid.
In cases where the employees do not earn the same amounts throughout the year, are they required to pay income tax in the months where their income exceed RD$ 24, 186.92 but their annual income will fall below RD$ 290,243.01.
My second question is income calculated for the dates on which it is earned or the dates it is paid.