As of today, July 1st 2019, the new brackets of income tax will be applicable to the salary, retirement payments and pensions.
The updated brackets and rates were published in Executive Decree No. 41799-H, in the national newspaper La Gaceta on June 25th, 2019.
The monthly withholding tax rates and brackets that will apply from July 1st to September 30th, 2019 in salary, retirement payments, and pensions are the following:
