Timor-Leste - 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 Timor-Leste was 380,194,900 as of 2019. As the graph below shows, over the past 9 years this indicator reached a maximum value of 1,631,743,000 in 2012 and a minimum value of 160,592,300 in 2016.

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
2010 927,167,700
2011 1,342,833,000
2012 1,631,743,000
2013 1,190,700,000
2014 805,228,200
2015 467,696,000
2016 160,592,300
2017 235,210,800
2018 302,149,300
2019 380,194,900

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

Taxes on income, profits and capital gains (% of revenue) in Timor-Leste was 24.80 as of 2019. Its highest value over the past 9 years was 39.12 in 2012, while its lowest value was 17.01 in 2016.

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
2010 34.81
2011 34.82
2012 39.12
2013 33.01
2014 34.33
2015 28.90
2016 17.01
2017 23.87
2018 24.39
2019 24.80

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

Taxes on income, profits and capital gains (% of total taxes) in Timor-Leste was 81.99 as of 2019. Its highest value over the past 9 years was 95.42 in 2010, while its lowest value was 64.88 in 2016.

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
2010 95.42
2011 95.07
2012 95.23
2013 90.89
2014 88.59
2015 81.32
2016 64.88
2017 73.37
2018 76.90
2019 81.99

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance