Maldives: Income and profits taxes

* indicates monthly or quarterly data series

Income, profits, and capital gains taxes: percent of revenue

 Latest value 4.29
 Year 2009
 Measure percent
 Data availability 1985 - 2009
 Average 1.78
 Min - Max 0.93 - 4.29
 Source The World Bank
For that indicator, we provide data for the Maldives from 1985 to 2009. The average value for the Maldives during that period was 1.78 percent with a minimum of 0.93 percent in 1989 and a maximum of 4.29 percent in 2009. The latest value from 2009 is 4.29 percent. For comparison, the world average in 2009 based on 115 countries is 23.35 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Maldives - Income and profits taxes - Recent values chart

Historical chart
Maldives - Income and profits taxes - historical chart - 1985-2009

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.

 Related indicators Latest value Reference Measure
 Fiscal balance, percent of GDP -13.75 2023 percent
 Government debt 113.00 2022 percent
 Tax revenue 9.10 2009 percent
 Commercial tax rate 30.20 2019 percent
 Tax preparation time 391 2019 hours
 Number of taxes 17 2019 taxes
 Taxes on goods and services 10.67 2009 percent
 Taxes on international trade 32.32 2009 percent
 Income and profits taxes 4.29 2009 percent
 Foreign aid 111.95 2021 million U.S. dollars
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