[Fabio J. Guzman]

Corporations now pay a flat tax of 30% of net income.

For individuals, the first RD$276,422 pesos (approx. US$8250) in income are exempt, then the rate goes to 15%, 20%, 25% and finally 30% for income of RD$900,000 pesos or more (approx. US$26,865).