The Internal Revenue Service (SRI) updated the ranges of the charts for paying income tax of individuals, undivided estates, increases in wealth coming from inheritances, legacies, gifts, findings and any type of act or contract by which the ownership of goods and rights is acquired, free of charge, for the 2021 fiscal year[1].

The following table will be applied for the income tax payment for the income received by individuals and undivided estates corresponding to fiscal year 2021:

YEAR 2021

USD

Basic Fraction Excess up to Tax on Basic Fraction % Tax on Excess Fraction
$0 $11,212 $0 0%
$11,212 $14,285 $0 5%
$14,285 $17,854 $154 10%
$17,854 $21,442 $511 12%
$21,442 $42,874 $941 15%
$42,874 $64,297 $4,156 20%
$64,297 $85,729 $8,440 25%
$85,729 $114,288 $13,798 30%
$114,288 and above $22,366 35%


The following table will be applied for the income tax payment for increases in wealth coming from inheritances, legacies, gifts, findings and any type of act or contract by which the ownership of goods and rights is acquired, free of charge:

YEAR 2021

USD

Basic Fraction Excess up to Tax on Basic Fraction % Tax on Excess Fraction
$0 $71,434 $0 0%
$71,434 $142,868 $0 5%
$142,868 $285,737 $3,572 10%
$285,737 $428,635 $17,859 15%
$428,635 $571,523 $39,293 20%
$571,523 $714,391 $67,871 25%
$714,391 $857,240 $103,588 30%
$857,240 And above $146,443 35%


[1] Resolution No. NAC-DGERCGC20-00000077, published in the Second Supplement to the Official Register No. 359 of December 30, 2020.


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