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Retained

  • Statutory Tax Rate 32
  • 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 32

Statutory Tax Rate

The standard corporate tax for companies is 32% (applicable to tax years beginning on or after 1 January 2015) including capital gains on the sale of mineral and petroleum licenses.