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Kiribati - 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 Kiribati was 21,492,100 as of 2019. As the graph below shows, over the past 8 years this indicator reached a maximum value of 21,492,100 in 2019 and a minimum value of 11,834,280 in 2011.

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
2011	11,834,280
2012	14,199,630
2013	12,689,640
2014	13,608,820
2015	16,273,210
2016	17,760,140
2017	17,995,040
2018	20,572,620
2019	21,492,100

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

Taxes on income, profits and capital gains (% of revenue) in Kiribati was 6.29 as of 2019. Its highest value over the past 8 years was 10.75 in 2011, while its lowest value was 5.69 in 2015.

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

Year	Value
2011	10.75
2012	10.16
2013	7.32
2014	6.22
2015	5.69
2016	7.51
2017	7.21
2018	6.01
2019	6.29

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

Taxes on income, profits and capital gains (% of total taxes) in Kiribati was 30.88 as of 2019. Its highest value over the past 8 years was 42.19 in 2012, while its lowest value was 29.71 in 2016.

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

Year	Value
2011	38.11
2012	42.19
2013	36.69
2014	38.47
2015	32.35
2016	29.71
2017	33.52
2018	36.75
2019	30.88

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance