Bhutan - 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 Bhutan was 11,808,070,000 as of 2018. As the graph below shows, over the past 36 years this indicator reached a maximum value of 11,808,070,000 in 2018 and a minimum value of 19,000,000 in 1982.

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
1982 19,000,000
1983 30,200,000
1984 33,100,000
1985 38,800,000
1986 57,500,000
1988 71,800,000
1989 76,200,000
1990 71,200,000
1991 72,800,000
1992 82,300,000
1993 144,200,000
1994 165,300,000
1995 263,500,000
1996 426,100,000
1997 492,000,000
1998 667,684,000
1999 725,000,000
2000 1,056,700,000
2001 1,191,774,000
2002 1,305,038,000
2003 1,272,687,000
2004 1,419,442,000
2005 1,529,843,000
2006 1,833,190,000
2007 2,109,058,000
2008 2,546,872,000
2009 3,281,840,000
2010 6,077,176,000
2011 7,029,870,000
2012 7,541,906,000
2013 7,812,792,000
2014 9,349,707,000
2015 9,609,952,000
2016 10,405,240,000
2017 10,404,510,000
2018 11,808,070,000

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

Taxes on income, profits and capital gains (% of revenue) in Bhutan was 22.74 as of 2018. Its highest value over the past 36 years was 27.32 in 2015, while its lowest value was 3.82 in 1982.

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
1982 3.82
1984 4.21
1985 4.02
1986 5.15
1988 4.08
1989 4.74
1990 5.03
1991 4.21
1992 4.34
1993 5.38
1994 5.48
1995 7.39
1996 9.66
1997 10.72
1998 13.68
1999 10.61
2000 13.57
2001 13.84
2002 14.84
2003 18.14
2004 13.69
2005 14.65
2006 13.63
2007 13.11
2008 13.93
2009 15.91
2010 22.77
2011 25.21
2012 23.00
2013 25.52
2014 24.98
2015 27.32
2016 24.68
2017 24.32
2018 22.74

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

Taxes on income, profits and capital gains (% of total taxes) in Bhutan was 44.05 as of 2018. Its highest value over the past 36 years was 63.78 in 2010, while its lowest value was 23.88 in 1984.

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
1982 24.84
1983 28.76
1984 23.88
1985 28.55
1986 33.53
1988 30.44
1989 32.77
1990 30.73
1991 25.85
1992 25.08
1993 32.25
1994 32.84
1995 40.55
1996 50.47
1997 56.62
1998 53.57
1999 57.28
2000 53.45
2001 62.17
2002 54.05
2003 46.90
2004 58.02
2005 50.76
2006 49.91
2007 56.71
2008 55.28
2009 58.04
2010 63.78
2011 61.26
2012 52.63
2013 51.57
2014 58.64
2015 56.38
2016 55.26
2017 51.99
2018 44.05

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance