Economy January 8, 2016 | 8:28 am

Salaries of up to RD$34,106 monthly pay no tax

Santo Domingo.- The InternalTaxes Agency (DGII) on Thursday announced the adjustment for inflation to pay theincome tax (ISR) by workers this year, which exempts monthly salaries of up toRD$34,106 (US$757.70).

The DGII listed the newsalary ranges to charge income tax, starting with RD$409,281 annual income whichis exempt; and a 15% rate from RD$409,281.01 to RD$613,921.00.

Annual income from RD$613,921.01to RD $ 852,667.0 will pay RD$30,696.00 plus 20% of the amount over RD$613,921.01,while the income of RD$852,667.01 onwards will pay RD$78,446.00 plus 25% of theamount over RD$852,661.01.

0 0 votes
Article Rating

0 Comments
Inline Feedbacks
View all comments