According to the recent resolution DDG-AR1-2022-00002 of the General Directorate of Taxes internal (DGII) on tax exemption for individuals and adjustments to the Simplified Tax Regime (RST), fiscal year 2022, people who have an annual income of up to RD$416,220 are exempt from taxes.
But the taxpayers who have income between RD$416,220.01 and RD$624,329.00 must pay 15% of the excess of RD$416,220.01; Those who have an income between RD$624,329.01 and RD$867,123 will have to pay RD$31,216 plus 20% of the excess of RD$624,329.01.
On the other hand, those who have income from RD$867,123.01 onwards must pay RD$79,776 plus 25% of the excess of RD$867,123.01, according to the resolution of the DGII.
If we start from the RD$416,220.01 established by the resolution of the DGIIpeople must have income of around RD$34,685 per month.
When consulting the data from the Social Security Treasury (TSS), it is observed that between the public and private sectors there are 517,351 jobs with average salaries ranging from RD$40,287.1 to RD$125,162.3 in the private sector and from RD$42,688.7 to RD$79,009.4 in the private sector. the public. This as of December 2021.
The TSS report indicates that, as of that month, there were 1,634,696 jobs in the private sector, this represents 70.38% of the labor market. The public sector had 688,075 jobs, which represents the remaining 29.62%.
On that same date, the same number of jobs were registered in the Dominican Social Security System in the public sector.
