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Economy > Tax > Taxes on income Stats: compare key data on Singapore & Sri Lanka

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Definitions

  • Profits and capital gains > % of revenue: 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.
  • Profits and capital gains > % of total taxes: 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.
  • Profits and capital gains > Current LCU: 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."
  • Profits and capital gains including income tax > % of revenue: 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."
  • Profits and capital gains including income tax > % of total taxes: 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."
STAT Singapore Sri Lanka HISTORY
Profits and capital gains > % of revenue 27.56%
Ranked 22nd. 2 times more than Sri Lanka
12.74%
Ranked 50th.

Profits and capital gains > % of total taxes 44.6%
Ranked 21st. 3 times more than Sri Lanka
15.6%
Ranked 59th.

Profits and capital gains > Current LCU 19.26 billion
Ranked 54th.
126.54 billion
Ranked 32nd. 7 times more than Singapore

Profits and capital gains including income tax > % of revenue 34.43%
Ranked 18th. 87% more than Sri Lanka
18.43%
Ranked 54th.

Profits and capital gains including income tax > % of total taxes 51.11%
Ranked 15th. 2 times more than Sri Lanka
21.61%
Ranked 70th.

SOURCES: World Development Indicators database; International Monetary Fund, Government Finance Statistics Yearbook and data files.

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