New Personal Income Tax Rates

Español	\|	Français	\|	Deutsch

home » new personal income tax rates

New Personal Income Tax Rates

The Dominican Internal Revenue Service announced recently the new personal tax rates in force beginning January 2008:

* Up to RD$316,017 annually - exempt
* RD$316,017-RD$ 474,024 - 15%
* RD$474,024-RD$658,367- RD$23,701 plus 20% of income above RD$474,024
* Income above RD$658,367 - RD$60,570 plus 25% of income above RD$658,367

The scale is adjusted for inflation every January. Corporations pay a flat 25% income tax. Figures are in Dominican Pesos (RD$)

Other Dominican Legal News
	Dominican Customs Department Removes 10% CIF tax
	Antitrust and Competitiveness Bill Signed into Law
	Updated Dominican Free Trade Zone Investment Figures
	Renewable Energy Investments Waiting for Enactment of Regulations
	Dell Ordered to Pay US$3.6 Million for Breach of Contract
	European Union-Caribbean Economic Partnership Agreement reached
	Dominican Visa Requirements Waived for Citizens of Several Countries
	Fast Track residency/investment Incentive Bill Approved by Congress
	Senate Passes First Dominican Hacking Bill
	Fernández Signs Renewable Energy Bill into Law
	Free Trade Agreement with the US
	New Tax Reform Bill
	New Personal Income Tax Rates
	Chamber of Deputies approve Credit Bureau Bill
	New Land Registry Law
	New Immigration Law

Note: This website is designed for general information only. The information presented should not be construed to be formal legal advice nor the formation of a lawyer/client relationship. You should not act upon this information without seeking professional counsel.
Copyright © 1998-2008, Guzmán Ariza & Asociados, S.A. All rights reserved.