São Tomé and Principe - Total tax rate
Total tax rate (% of commercial profits)
Total tax rate (% of commercial profits) in São Tomé and Principe was 32.50 as of 2011. Its highest value over the past 6 years was 48.70 in 2007, while its lowest value was 32.50 in 2011.
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/).
Sub-Topic: Business environment