Belize - Taxes on income

Taxes on income, profits and capital gains (current LCU)

The value for Taxes on income, profits and capital gains (current LCU) in Belize was 270,222,900 as of 2017. As the graph below shows, over the past 27 years this indicator reached a maximum value of 273,830,200 in 2014 and a minimum value of 41,248,000 in 1990.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1990 41,248,000
1991 46,075,000
1992 60,086,000
1993 60,193,000
1994 56,609,000
1995 45,362,000
1996 51,883,000
1997 55,767,000
1998 64,093,000
1999 64,541,000
2000 76,320,000
2001 76,987,000
2002 78,947,000
2003 89,113,000
2004 99,811,000
2005 129,458,000
2006 138,203,000
2007 180,093,000
2008 196,674,000
2009 213,356,000
2010 240,125,000
2011 238,218,000
2012 233,125,300
2013 246,798,600
2014 273,830,200
2015 255,587,000
2016 261,707,000
2017 270,222,900

Taxes on income, profits and capital gains (% of revenue)

Taxes on income, profits and capital gains (% of revenue) in Belize was 24.37 as of 2017. Its highest value over the past 27 years was 31.01 in 2010, while its lowest value was 17.38 in 1995.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
1990 18.52
1991 20.32
1992 23.82
1993 23.83
1994 21.13
1995 17.38
1996 17.91
1997 18.81
1998 19.98
1999 18.38
2000 21.05
2001 20.23
2002 18.97
2003 19.89
2004 21.22
2005 23.47
2006 22.27
2007 24.63
2008 26.14
2009 30.17
2010 31.01
2011 28.80
2012 28.92
2013 26.21
2014 27.52
2015 25.72
2016 24.95
2017 24.37

Taxes on income, profits and capital gains (% of total taxes)

Taxes on income, profits and capital gains (% of total taxes) in Belize was 27.93 as of 2017. Its highest value over the past 27 years was 36.42 in 2010, while its lowest value was 19.50 in 1995.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
1990 23.33
1991 25.01
1992 29.08
1993 27.54
1994 24.47
1995 19.50
1996 20.70
1997 21.68
1998 23.61
1999 25.31
2000 25.72
2001 23.61
2002 21.93
2003 23.46
2004 23.99
2005 27.27
2006 26.05
2007 30.44
2008 33.11
2009 35.49
2010 36.42
2011 35.50
2012 33.11
2013 32.82
2014 32.24
2015 29.57
2016 28.30
2017 27.93

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance