Updating of income tax tables – Resolution No. NAC-DGRCGC23-00000036 issued by SRI
The Internal Revenue Service has modified the limits of the scales used to calculate the income tax corresponding to individuals and undivided inheritances and transactions related to inheritances, legacies, donations, finds, and any other act or contract through which the ownership of goods and rights is obtained free of charge, during the 2024 tax period.
The new income tax table for individuals and foreign currency inheritances is as follows:
| INCOME TAX FOR INDIVIDUALS FOR THE YEAR 2024 (in dollars) | |||
| BASIC FRACTION | EXCESS UP TO | Basic Fraction Tax | Tax Surplus Fraction Tax |
| 0 | 11902 | – | 0% |
| 11902 | 15159 | – | 5% |
| 15159 | 19682 | 163 | 10% |
| 19682 | 26031 | 615 | 12% |
| 26031 | 34255 | 1377 | 15% |
| 34255 | 45407 | 2611 | 20% |
| 45407 | 60450 | 4841 | 25% |
| 60450 | 80605 | 8602 | 30% |
| 80605 | 107199 | 14648 | 35% |
| 107199 | Onward | 23956 | 37% |
The new income tax table for inheritances, legacies and donations is as follows:
| INCOME TAX ON INHERITANCES, LEGACIES AND DONATIONS YEAR 2024 | |||
| BASIC FRACTION | EXCESS UP TO | BASIC FRACTION TAX | EXCESS FRACTION TAX |
| 0 | 76558 | – | 0% |
| 76558 | 153115 | – | 5% |
| 153115 | 306231 | 3838 | 10% |
| 306231 | 459379 | 19139 | 15% |
| 459379 | 612515 | 42112 | 20% |
| 612515 | 765630 | 72739 | 25% |
| 765630 | 918725 | 111018 | 30% |
| 918725 | FORWARD | 156946 | 35% |
