Seychelles: Income and profits taxes

* indicates monthly or quarterly data series

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

 Latest value 31.48
 Year 2020
 Measure percent
 Data availability 1985 - 2020
 Average 20.41
 Min - Max 10.16 - 32.47
 Source The World Bank
For that indicator, we provide data for the Seychelles from 1985 to 2020. The average value for the Seychelles during that period was 20.41 percent with a minimum of 10.16 percent in 1997 and a maximum of 32.47 percent in 2018. The latest value from 2020 is 31.48 percent. For comparison, the world average in 2020 based on 118 countries is 24.92 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
Seychelles - Income and profits taxes - Recent values chart

Historical chart
Seychelles - Income and profits taxes - historical chart - 1985-2020

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
 Government spending, percent of GDP 26.67 2022 percent
 Government spending, in dollars 0.42 2022 billion U.S. dollars
 Fiscal balance, percent of GDP 0.20 2019 percent
 Government debt 65.00 2022 percent
 Government expenditure 1.50 Q3/2023 billion
 Tax revenue 30.58 2020 percent
 Commercial tax rate 30.10 2019 percent
 Tax preparation time 85 2019 hours
 Number of taxes 29 2019 taxes
 Taxes on goods and services 47.34 2020 percent
 Taxes on international trade 3.44 2020 percent
 Income and profits taxes 31.48 2020 percent
 Foreign aid 0.05 2021 million U.S. dollars
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