Dominican Republic: Income and profits taxes

* indicates monthly or quarterly data series
 Dominican Republic

Income, profits, and capital gains taxes: percent of revenue

 Latest value 28.16
 Year 2022
 Measure percent
 Data availability 2003 - 2022
 Average 24.69
 Min - Max 18.26 - 30.43
 Source The World Bank
The latest value from 2022 is 28.16 percent, a decline from 30.43 percent in 2021. In comparison, the world average is 31.54 percent, based on data from 93 countries. Historically, the average for Dominican Republic from 2003 to 2022 is 24.69 percent. The minimum value, 18.26 percent, was reached in 2005 while the maximum of 30.43 percent was recorded in 2021. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Dominican Republic - Income and profits taxes - Recent values chart

Historical series
Dominican Republic - Income and profits taxes - historical chart - 2003-2022




Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

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 Related indicators Latest Reference Measure
 Government spending, percent of GDP 11.29 2023 percent
 Government spending, in dollars 13.71 2023 billion U.S. dollars
 Fiscal balance, percent of GDP -2.67 2022 percent
 Government debt 58.88 2023 percent
 Government expenditure 221.26 Q2/2024 billion
 Tax revenue 13.82 2022 percent
 Commercial tax rate 48.80 2019 percent
 Tax preparation time 317 2019 hours
 Number of taxes 7 2019 taxes
 Taxes on goods and services 52.52 2022 percent
 Taxes on international trade 6.05 2022 percent
 Income and profits taxes 28.16 2022 percent
 Foreign aid 367.00 2022 million U.S. dollars
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