Income Tax in the DR

GringoRubio

Bronze
Oct 15, 2015
1,119
91
48
Thanks to being laid off, I managed to find a telecommuting job where I can deliver value to the global economy from right here in the DR. I get paid in US dollars, but it appears that I can deposit the money in any bank including, say, a Caribbean slush account.

What are the taxes like here? I'm sure this is an FAQ, but a rudimentary search didn't turn up much.
 

Mauricio

Gold
Nov 18, 2002
5,607
7
38
Escala retenci?n asalariados 2016
*
​Escala Anual Tasa​
​Rentas hasta RD$409,281.00 ​Exento
Rentas desde RD$409,281.01 hasta RD$613,921.00 ​15% del excedente de RD$409,281.01
​Rentas desde RD$613,921.01 hasta RD$852,667.00 ​​RD$30,696.00 m?s el 20% del excedente de RD$613,921.01
Rentas desde *RD$852,667.01 en adelante
*




RD$78,446.00 m?s el 25% del excedente de RD$852,667.01
 

KateP

Silver
May 28, 2004
2,846
6
38
If you're getting paid from the DR and are registered by the company, they deduct the taxes from your pay. If you're getting paid from elsewhere, then felicidades.
 

LTSteve

Gold
Jul 9, 2010
5,450
20
38
Thanks to being laid off, I managed to find a telecommuting job where I can deliver value to the global economy from right here in the DR. I get paid in US dollars, but it appears that I can deposit the money in any bank including, say, a Caribbean slush account.

What are the taxes like here? I'm sure this is an FAQ, but a rudimentary search didn't turn up much.
Are we talking about working for a company that is not located in the DR? What is your citzenship? I assume you live in the DR full time so if that is the case you would receive an exception on part or all of your income depending on how much you earn. Legally you would still need to file a tax return but probably not pay any tax. There is plenty of info on-line.
 

Fulano2

Nomen nescio.
Jun 5, 2011
2,414
105
63
Europe
Best is doing business with an off-shore Ltd. Not for a hotel/restaurant off course, but for trading the best choice.
 

Gurabo444

New member
Nov 1, 2009
428
0
0
I've been working remotely for more than two years now and have never paid local taxes (I think I pay enough with the high purchase tax). If you're an American citizen I will be more worried about the IRS.