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Retained

  • Statutory Tax Rate 30
  • Surtax Based on Taxable Income 0
  • Surtax Based on Statutory Tax 0
  • Surtax Deductible from Taxable Income 0
  • Statutory Tax Deductable 0
  • Effective Tax Rate 30

Statutory Tax Rate

The corporate tax rate for unlisted companies is 30% (reduced from 32.5% effective from 1 July 2021). The corporate tax rate for listed companies is 22.5% (reduced from 25% effective from 1 July 2021).

Capital Gains

  • Statutory Tax Rate 15
  • Surtax Based on Taxable Income 0
  • Surtax Based on Statutory Tax 0
  • Surtax Deductible from Taxable Income 0
  • Statutory Tax Deductable 0
  • Effective Tax Rate 15

Statutory Tax Rate

Capital gains from the sale of capital assets and shares (other than shares in a listed company) are taxed at the rate of 15%. The rate is 10% for capital gains from the sale of shares in a listed company.