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Dominican Republic
Individual - Taxes on personal income
Last reviewed - 25 August 2026The Dominican Republic follows a territorial concept for the determination of taxable income. Dominican-source income is subject to tax, while foreign-source income is generally not. However, residents are subject to taxation on foreign investments and financial gains. In the case of individuals who become residents, this foreign-source income is taxed only after the third year.
Personal income tax rates
For fiscal year (FY) 2026, individuals pay tax on income in excess of DOP 416,220. Personal income is taxed at the following rates (the scale is based on annual income):
| Taxable income FY 2026 (DOP) | Tax on column 1 (DOP) | Tax on excess (%) | |
| Over (column 1) | Not over | ||
| 0 | 416,220 | 0 | 0 |
| 416,220 | 624,329 | 0 | 15 |
| 624,329 | 867,123 | 31,216 | 20 |
| 867,123 | and above | 79,776 | 25 |
As of FY 2027, individuals will pay tax on income in excess of DOP 480,000. Personal income is taxed at the following rates (the scale is based on annual income):
| Taxable income FY 2027 onwards (DOP) | Tax on column 1 (DOP) | Tax on excess (%) | |
| Over (column 1) | Not over | ||
| 0 | 480,000 | 0 | 0 |
| 480,000 | 685,000 | 0 | 15 |
| 685,000 | 910,000 | 30,750 | 20 |
| 910,000 | 4,800,000 | 75,750 | 25 |
| 4,800,000 | and above | 1,048,250 | 27 |
Local income taxes
There are no other taxes payable on income in the Dominican Republic.
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