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Libya — Orbitax Corporate Tax Rates

Retained

  • Statutory Tax Rate20
  • Surtax Based on Taxable Income0
  • Surtax Based on Statutory Tax0
  • Surtax Deductible from Taxable Income0
  • Statutory Tax Deductable0
  • Effective Tax Rate20

Statutory Tax Rate

The standard corporate tax rate for companies is 20%. In addition to the corporate tax proper, a defense (jihad) tax is due at the rate of 4%.