Libya - Total tax rate

Total tax rate (% of commercial profits)

Total tax rate (% of commercial profits) in Libya was 32.60 as of 2019. Its highest value over the past 7 years was 32.60 in 2019, while its lowest value was 32.60 in 2012.

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:

2012
2013
2013
2014
2014
2015
2015
2016
2016
2017
2017
2018
2018
2019
2019
0.00
5.00
10.00
15.00
20.00
25.00
30.00
35.00
40.00
Year Value
2012 32.60
2013 32.60
2014 32.60
2015 32.60
2016 32.60
2017 32.60
2018 32.60
2019 32.60

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment