St. Vincent and the Grenadines - Total tax rate

Total tax rate (% of commercial profits)

Total tax rate (% of commercial profits) in St. Vincent and the Grenadines was 37.00 as of 2019. Its highest value over the past 14 years was 45.00 in 2007, while its lowest value was 37.00 in 2019.

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 45.00
2006 45.00
2007 45.00
2008 42.60
2009 41.00
2010 38.70
2011 38.70
2012 38.70
2013 38.60
2014 38.60
2015 39.30
2016 39.30
2017 39.30
2018 39.30
2019 37.00

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment