Caribbean small states - Total tax rate

Total tax rate (% of commercial profits)

Total tax rate (% of commercial profits) in Caribbean small states was 36.88 as of 2019. Its highest value over the past 14 years was 41.41 in 2005, while its lowest value was 36.23 in 2016.

Definition: Total tax rate measures the amount of taxes and mandatory contributions payable by businesses after accounting for allowable deductions and exemptions as a share of commercial profits. Taxes withheld (such as personal income tax) or collected and remitted to tax authorities (such as value added taxes, sales taxes or goods and service taxes) are excluded.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2005 41.41
2006 40.91
2007 40.63
2008 40.40
2009 39.85
2010 39.42
2011 38.71
2012 38.65
2013 38.48
2014 37.46
2015 36.55
2016 36.23
2017 36.46
2018 36.78
2019 36.88

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment