Dominican Republic Individual Income Tax Brackets/Rates for 2020
The Dominican Republic’s Directorate General of Internal Revenue (DGII) has issued Notice 59-19, which sets out the individual income tax brackets and rates for 2020, which are unchanged from those set for 2019. The brackets and rates, based on annual income, are as follows:
- up to DOP 416,220.00 - 0%
- DOP 416,220.01 up to 624,329.00 - 15%
- DOP 624,329.01 up to 867,123.00 - 20%
- DOP 867,123.01 an…