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.
