The Personal Income Tax Rate in Puerto Rico stands at 33 percent. source: Puerto Rican Department of Treasury

Personal Income Tax Rate in Puerto Rico is expected to reach 33.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Puerto Rico Personal Income Tax Rate is projected to trend around 33.00 percent in 2021, according to our econometric models.

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Puerto Rico Personal Income Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
33.00 33.00 33.00 33.00 2013 - 2021 percent Yearly

Puerto Rico Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 37.50 37.50 39.00 30.00 percent [+]
Personal Income Tax Rate 33.00 33.00 33.00 33.00 percent [+]

Puerto Rico Personal Income Tax Rate
In Puerto Rico, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labor, 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 Puerto Rico.