Cabo Verde - 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 Cabo Verde was 10,953,690,000 as of 2017. As the graph below shows, over the past 12 years this indicator reached a maximum value of 10,953,690,000 in 2017 and a minimum value of 5,596,688,000 in 2005.

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
2005 5,596,688,000
2006 6,648,645,000
2007 7,455,483,000
2008 8,380,415,000
2009 7,910,100,000
2010 7,697,397,000
2011 8,678,348,000
2012 8,602,980,000
2013 8,446,349,000
2014 7,735,041,000
2015 9,482,181,000
2016 9,648,467,000
2017 10,953,690,000

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

Taxes on income, profits and capital gains (% of revenue) in Cabo Verde was 19.48 as of 2017. Its highest value over the past 12 years was 19.85 in 2011, while its lowest value was 16.78 in 2010.

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
2005 18.34
2006 18.75
2007 19.14
2008 18.50
2009 18.17
2010 16.78
2011 19.85
2012 18.84
2013 18.83
2014 18.97
2015 18.90
2016 17.21
2017 19.48

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

Taxes on income, profits and capital gains (% of total taxes) in Cabo Verde was 31.50 as of 2017. Its highest value over the past 12 years was 32.00 in 2012, while its lowest value was 29.23 in 2008.

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
2005 30.81
2006 30.02
2007 29.24
2008 29.23
2009 31.60
2010 30.11
2011 29.73
2012 32.00
2013 30.80
2014 29.37
2015 31.82
2016 31.28
2017 31.50

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance