Tax-free wages up to RD$36,326.92 a month
As of 1 January 2016, wages up to RD$36,326.92 a month will not be subject to income tax. The DGII establishes an annual adjustment for inflation of the exempt income level.
There are taxation increases on rising income on a scale of 15%, 20% and 25%.
Find more info here (in Spanish): http://www.dgii.gov.do/informacionTributaria/publicaciones/guiasContribuyente/Documents/8.pdf
Source: DR1, Listindiario
Nov 16, 2016
Category: DR News |