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Local October 4, 2020 | 11:03 am

Budget Bill 2021 contemplates taxing the Christmas salary

The exception will be "those wages that are within the exempt minimum" to apply Income Tax. Next year, the government plans to nullify the income tax exemption from the Christmas salary raised in article 222 of the Labor Code. "During the budgetary year 2021, the income tax exemption provided in Article 222 of the Dominican Republic Labor Code No. 16-92, of May 29, 1992, will be void," the b... Read more

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