South Asia - Total tax rate

Total tax rate (% of commercial profits)

Total tax rate (% of commercial profits) in South Asia was 43.86 as of 2019. Its highest value over the past 14 years was 45.36 in 2011, while its lowest value was 34.32 in 2005.

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
2005 34.32
2006 34.94
2007 35.38
2008 35.64
2009 35.32
2010 42.14
2011 45.36
2012 37.16
2013 38.94
2014 38.80
2015 38.69
2016 40.31
2017 43.20
2018 43.59
2019 43.86

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment