Small states - Taxes on income

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

Taxes on income, profits and capital gains (% of revenue) in Small states was 24.80 as of 2019. Its highest value over the past 29 years was 35.12 in 1990, while its lowest value was 20.82 in 1996.

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
1990 35.12
1991 24.32
1992 22.35
1993 21.36
1994 24.68
1995 23.80
1996 20.82
1997 24.51
1998 27.83
1999 27.43
2001 28.57
2002 24.23
2003 30.98
2004 22.69
2005 20.95
2006 24.51
2007 25.50
2008 27.21
2009 26.09
2010 29.40
2011 29.31
2012 26.49
2013 27.95
2014 28.44
2015 28.44
2016 23.56
2017 23.64
2018 25.44
2019 24.80

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance