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  • Bhutan Income Tax Rate

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    Bhutan levies personal income tax on individuals from various sources such as employment, rentals, dividends, and interest at progressive rates from 10-25%. Corporate income tax is imposed at a rate of 30% for state enterprises and 25% for other companies. Non-corporate businesses pay a business income tax of 30% on net profits.

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    Bhutan levies personal income tax on individuals from various sources such as employment, rentals, dividends, and interest at progressive rates from 10-25%. Corporate income tax is imposed at a rate of 30% for state enterprises and 25% for other companies. Non-corporate businesses pay a business income tax of 30% on net profits.

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    37 views1 page

    Bhutan Income Tax Rate

    Uploaded by

    Erica
    Bhutan levies personal income tax on individuals from various sources such as employment, rentals, dividends, and interest at progressive rates from 10-25%. Corporate income tax is imposed at a rate of 30% for state enterprises and 25% for other companies. Non-corporate businesses pay a business income tax of 30% on net profits.

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    Bhutan Income Tax Rate

    Personal Income Tax (PIT) PIT is a tax levied on the personal income of an individual on an
    accrual basis from any or more of the following four sources:
    (a) Employment Income
    (b) Rental Income
    (c) Dividend Income
    (d) Income from Interest
    (e) Income from sale of Cash Crop
    (f) Income from Other Sources

    Corporate Income Tax. CIT is a Corporate Income Tax. It is levied @ of 30% on net profit
    for state enterprise companies and @ of 25% on net profit for other companies.

    Business Income Tax. BIT is a non-corporate business tax. It is levied @ of 30% on net profit.

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