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Retained

  • Statutory Tax Rate 28
  • Surtax Based on Taxable Income 0
  • Surtax Based on Statutory Tax 0
  • Surtax Deductible from Taxable Income 0
  • Statutory Tax Deductable 0
  • Effective Tax Rate 28

Statutory Tax Rate

The standard corporate tax rate for non-resident companies, including contractors engaged in seabed mining operations, is higher than for resident companies i.e. 28%.