San Marino - Total tax rate

Total tax rate (% of commercial profits)

Total tax rate (% of commercial profits) in San Marino was 36.20 as of 2019. Its highest value over the past 7 years was 40.30 in 2015, while its lowest value was 35.20 in 2016.

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
2012 40.10
2013 39.90
2014 39.90
2015 40.30
2016 35.20
2017 35.70
2018 35.70
2019 36.20

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment