Gambia: Income and profits taxes
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Gambia |
Income, profits, and capital gains taxes: percent of revenue |
---|---|
Latest value | 9.73 |
Year | 1990 |
Measure | percent |
Data availability | 1990 - 1990 |
Average | 9.73 |
Min - Max | 9.73 - 9.73 |
Source | The World Bank |
The latest value from 1990 is 9.73 percent, an increase from percent in . In comparison, the world average is 22.97 percent, based on data from 71 countries. Historically, the average for the Gambia from 1990 to 1990 is 9.73 percent. The minimum value, 9.73 percent, was reached in 1990 while the maximum of 9.73 percent was recorded in 1990.
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The value of that indicator for 1990 is 9.73 percent.
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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.
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Government spending, percent of GDP | 9.41 | 2022 | percent |
Government spending, in dollars | 0.21 | 2023 | billion U.S. dollars |
Fiscal balance, percent of GDP | -3.50 | 2023 | percent |
Government debt | 71.73 | 2023 | percent |
Tax revenue | 18.20 | 1990 | percent |
Commercial tax rate | 48.40 | 2019 | percent |
Tax preparation time | 326 | 2019 | hours |
Number of taxes | 49 | 2019 | taxes |
Taxes on goods and services | 28.29 | 1990 | percent |
Taxes on international trade | 32.44 | 1990 | percent |
Income and profits taxes | 9.73 | 1990 | percent |
Foreign aid | 244.98 | 2021 | million U.S. dollars |