Current Normal Rate: 15%
Tax Incentive Companies: 15%
Companies listed on the Stock Exchange (including a subsidiary of a listed company) other than a tax incentive company: 5%
Non-resident
societé: 15% or 25%
Resident Trust: 15%
Distribution to resident
beneficiaries:
Corporate
- 25%, Individual - 28%
Tax incentive companies include:
- Companies with certificates issued under the Industrial Expansion Act 1993; Companies holding categories 1 and 2 Business Licence;
- Banks holding a Class 2 Banking Licence;
- Companies involved in financial services such as investment trusts, mutual funds, venture capital funds;
- Lease financing companies holding a Regional Development Certificate and so forth.