Regional Corporate Tax Rates
It will appear that the corporate tax rate here is competitive.
Australia - 30%
China - 33%
Hong Kong - 17.5%
India - 33.66%
Indonesia - 30%
Japan - 40.69%
Malaysia - 28%
New Zealand - 33%
Philippines - 35%
Singapore - 20%
South Korea - 27.5%
Taiwan - 25%
It will also appear that only Hong Kong has a lower corporate tax rate. However, from what I have heard, with deductions and other tax write-offs, Singapore is not far off compared to Hong Kong.
3 comments:
doesn't matter the tax rate...i still feel that HK and Taiwan are still a better place to stay in..or issit i look at it at a tourist view?
Hi Leonard, that's the corporate tax rate and not the income tax rate. It should have no relation to the cost and standard of living.
ie. Corporate Tax Rate - Company Tax.
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