El Salvador - Individual - Taxes on personal income (2024)

El Salvador taxes its citizens, residents, and non-residents on their income earned in the country and on other Salvadoran-source income.

Personal income tax rates

Domiciled individuals shall compute their income taxes by applying to their net income the rate according to the following table:

Net income (USD*)Tax rates
OverNot over
0.004,064.00Exempt
4,064.009,142.86USD 212.12 plus 10% on the excess over USD 4,064.00
9,142.8622,857.14USD 720.00 plus 20% on the excess over USD 9,142.86
22,857.14and overUSD 3,462.86 plus 30% on the excess over USD 22,857.14

* United States dollars

Non-domiciled individuals shall compute their income taxes at 30%.

Employers are required to withhold income taxes from any compensation paid to their employees on the basis of the following withholding rates:

Income (USD)Withholding rates
OverNot over
0.00472.00N/A
472.00895.24USD 17.67 plus 10% on the excess over USD 472.00
895.242,038.10USD 60.00 plus 20% on the excess over USD 895.24
2,038.10and overUSD 288.57 plus 30% on the excess over USD2,038.10
El Salvador - Individual - Taxes on personal income (2024)
Top Articles
Latest Posts
Article information

Author: Tuan Roob DDS

Last Updated:

Views: 5612

Rating: 4.1 / 5 (42 voted)

Reviews: 81% of readers found this page helpful

Author information

Name: Tuan Roob DDS

Birthday: 1999-11-20

Address: Suite 592 642 Pfannerstill Island, South Keila, LA 74970-3076

Phone: +9617721773649

Job: Marketing Producer

Hobby: Skydiving, Flag Football, Knitting, Running, Lego building, Hunting, Juggling

Introduction: My name is Tuan Roob DDS, I am a friendly, good, energetic, faithful, fantastic, gentle, enchanting person who loves writing and wants to share my knowledge and understanding with you.