{"id":8685,"date":"2005-01-12T01:43:56","date_gmt":"2005-01-12T01:43:56","guid":{"rendered":"http:\/\/dr1.com\/new\/pages\/tax-free-wages-up-to-rd21185\/"},"modified":"2005-01-12T01:43:56","modified_gmt":"2005-01-12T01:43:56","slug":"tax-free-wages-up-to-rd21185","status":"publish","type":"post","link":"https:\/\/dr1.com\/news\/2005\/01\/12\/tax-free-wages-up-to-rd21185\/","title":{"rendered":"Tax free wages up to RD$21,185"},"content":{"rendered":"<p> Wages will be exempt from income taxes up to RD$21,185 a month as of this January. The Department of Taxes said that they would increase the tax level from RD$20,000, established in October, to RD$21,185 taking into account the 28.74% inflation for 2004 reported by the Central Bank.<\/p>\n<p> Dominican law establishes that the wage index be adjusted for inflation in January of every year. The DGII argued that it would increase the ceiling only by RD$1,185 because in October, as part of tax reform, the tax-exempt limit had already been increased 21.5% in regards to the RD$16,455.83 previous tax-exempt level.<\/p>\n<p> Article 327 of the Tax Code establishes that every calendar year the President will order an adjustment for inflation based on the consumer price index of the Central Bank.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wages will be exempt from income taxes up to RD$21,185 a month as of this January. The Department of Taxes said that they would increase the tax level from RD$20,000, established in October, to RD$21,185 taking into account the 28.74% inflation for 2004 reported by the Central Bank. Dominican law establishes that the wage index &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/dr1.com\/news\/2005\/01\/12\/tax-free-wages-up-to-rd21185\/\" class=\"more-link\">Read more\u2026<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[224,3],"tags":[],"_links":{"self":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/8685"}],"collection":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/comments?post=8685"}],"version-history":[{"count":0,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/8685\/revisions"}],"wp:attachment":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/media?parent=8685"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/categories?post=8685"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/tags?post=8685"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}