The Dominican Internal Revenue Service (DGII) announced recently the new personal tax rates in force beginning January 2009:
* Up to RD$330,301 annually - exempt
* RD$330,301.01-RD$ 495,450.00 - 15%
* RD$495,450.01-RD$688,125.00 - RD$24,772 plus 20% of income above RD$495,450.01
* Income above RD$688,125.00.01 - RD$63,307 plus 25% of income above RD$688,125.00.01
The scale is adjusted for inflation every January. Corporations pay a flat 25% income tax. Figures are in Dominican Pesos (RD$)
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