Dominican Republic Personal Income Tax Rate2022 Data - 2023 Forecast

Name: Dominican Republic Personal Income Tax Rate
Creator: TRADING ECONOMICS
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Keywords: Dominican Republic,Personal Income Tax Rate,data,chart,actual,historical,values,calendar,forecast,graph,2022,2023,2024

The Personal Income Tax Rate in Dominican Republic stands at 25 percent. source: Direccion General de Impuestos Internos

Personal Income Tax Rate in Dominican Republic averaged 25.47 percent from 2004 until 2022, reaching an all time high of 30.00 percent in 2006 and a record low of 25.00 percent in 2005. This page provides - Dominican Republic Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Dominican Republic Personal Income Tax Rate - values, historical data and charts - was last updated on April of 2023.

Personal Income Tax Rate in Dominican Republic is expected to reach 25.00 percent by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the Dominican Republic Personal Income Tax Rate is projected to trend around 25.00 percent in 2024, according to our econometric models.

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Related	Last	Unit	Reference
Personal Income Tax Rate	25.00	percent	Dec 2022
Corporate Tax Rate	27.00	percent	Dec 2022
Sales Tax Rate	18.00	percent	Dec 2023

Dominican Republic Personal Income Tax Rate

In Dominican Republic, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Dominican Republic.