The Dominican Internal Revenue Service (DGII) announced recently the new personal income tax rates in force beginning January 2010:
* Up to RD$349,326 annually - exempt
* RD$349,326.01-RD$ 523.988.00 - 15%
* RD$523.988.01-RD$727,761.00 - RD$26,199.00 plus 20% of income above RD$523.988.01
* Income above RD$727,761.01 - RD$66,954.00 plus 25% of income above RD$727,761.01
The scale is adjusted for inflation every January. Corporations pay a flat 25% income tax. Figures are in Dominican Pesos (RD$)
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