The Personal Income Tax Rate in Dominican Republic stands at 25 percent.

Personal Income Tax Rate in Dominican Republic averaged 25.60 percent from 2004 until 2018, reaching an all time high of 30 percent in 2006 and a record low of 25 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 2020.

Personal Income Tax Rate in Dominican Republic is expected to reach 25.00 percent by the end of 2020, 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 2021, according to our econometric models.

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Dominican Republic Personal Income Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
25.00 25.00 30.00 25.00 2004 - 2020 percent Yearly

Dominican Republic Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 27.00 27.00 30.00 25.00 percent [+]
Personal Income Tax Rate 25.00 25.00 30.00 25.00 percent [+]
Sales Tax Rate 18.00 18.00 18.00 16.00 percent [+]


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.