Sri Lanka - Total tax rate
Total tax rate (% of commercial profits)
Total tax rate (% of commercial profits) in Sri Lanka was 55.20 as of 2019. Its highest value over the past 14 years was 112.90 in 2011, while its lowest value was 55.20 in 2015.
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 | 56.70 |
| 2006 | 59.80 |
| 2007 | 61.70 |
| 2008 | 61.70 |
| 2009 | 61.70 |
| 2010 | 96.60 |
| 2011 | 112.90 |
| 2012 | 55.30 |
| 2013 | 57.00 |
| 2014 | 55.40 |
| 2015 | 55.20 |
| 2016 | 55.20 |
| 2017 | 55.20 |
| 2018 | 55.20 |
| 2019 | 55.20 |
Classification
Topic: Private Sector & Trade Indicators
Sub-Topic: Business environment
