DM · Americas · XCD

Dominica

Tax rates

0102030405060World avg (corporate) 22.6%Capital Gains · Crypto · Wealth Tax — 0%VAT 15%Corporate 25%Income 35%

Estimate your income tax

Enter a gross annual salary to estimate 2018 national income tax for Dominica using verified brackets — total tax, effective and marginal rate, net income, and the per-band breakdown. National income tax only; social contributions and sub-national taxes are excluded unless the notes say otherwise. The full calculator covers every country with verified rates.

The calculator needs JavaScript — every figure stays readable without it. The full bracket schedule is under Brackets & notes below, and the calculator page lists every country's schedule.

Brackets, notes & in practice

Income Tax

Thresholds in XCD
ThresholdRate
XCD 00%
XCD 30,00115%
XCD 50,00125%
XCD 80,00135%
Source: Commonwealth of Dominica Inland Revenue Division — Current Income Tax Rates · as of 2018-01-01

The untaxed first band (up to $30,000) reflects the Resident Allowance available to every resident individual, effective 1 January 2018.

VAT

In practice

Filing

Dominica's VAT registration thresholds were raised with effect from 1 September 2016: from $60,000 to $250,000, and from $15,000 to $62,500.

Source: Government of Dominica — Value Added Tax (Amendment) Regulations, 2016 (S.R.O. 49 of 2016) · as of 2016-09-01
Exemptions

Schedule I zero-rates exports, fuel, specified staple foods and agricultural and fishing inputs (as provided in regulations), plus the first 50 units of household electricity per billing period. Schedule II separately exempts financial services, medical and veterinary services, education services, residential real property sales and leases, unprocessed agricultural products and bread, and international transport.

Source: Value Added Tax Act, 2005 (Act 7 of 2005) — Dominica · as of 2006-03-01

Capital Gains Tax

Dominica's Personal Income Tax provisions enumerate taxable income as gains or profits from business, employment, rentals and royalties, interest or discounts, premiums, commissions and fees, and annuities, with no capital gains category listed among them. The Inland Revenue Division's published tax categories, covering income tax, VAT, excise tax, several licences and other levies, include no capital gains tax.

Crypto Tax

Dominica has no cryptocurrency-specific tax guidance. Its Income Tax lists business, employment, rental and royalty, interest, premium and commission, and annuity income as assessable; no capital-gains or investment-gains category is separately listed, so a personal investor's gain from disposing of cryptocurrency is not covered by any named category.

Wealth Tax

No net wealth tax is identified in Dominica's tax framework. The official Inland Revenue Division's enumeration of current taxes covers Corporate Income Tax, Excise Tax, PAYE, Personal Income Tax, Travel Tax, VAT and Withholding Tax, plus various licenses; no wealth or net-worth tax is among them.