Lesotho - Total tax rate

Total tax rate (% of commercial profits)

Total tax rate (% of commercial profits) in Lesotho was 13.60 as of 2014. Its highest value over the past 9 years was 20.10 in 2006, while its lowest value was 13.60 in 2013.

Definition: Total tax rate measures the amount of taxes and mandatory contributions payable by businesses after accounting for allowable deductions and exemptions as a share of commercial profits. Taxes withheld (such as personal income tax) or collected and remitted to tax authorities (such as value added taxes, sales taxes or goods and service taxes) are excluded.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2005 20.10
2006 20.10
2007 15.90
2008 14.20
2009 14.20
2010 14.20
2011 14.00
2012 13.80
2013 13.60
2014 13.60

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment