Retained
- Statutory Tax Rate 22
- 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 22
Statutory Tax Rate
The corporate tax rate is reduced to 22% from 24% effective 1 January 2021. A 10% rate applies to agriculture cooperatives and producer groups. Credit institutions, however, remain subject to the 29% tax rate.
Capital Gains
- Statutory Tax Rate 20
- 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 20