Extract
Tax Overview
Highlights
National Level Tax Rates Corporate Income Tax 30%1 Capital Gains Tax: 30% Branch Profits Tax: 30% Dividends Tax: 0%2 Tax Withholding3 on: - Interests: From 4.9% to 30% - Royalties: 5 %, 25% or 30% - Technical Assistance: 25 % - Technical Services: 25 % - Other Services: From 0% to 25% Net Operating Tax Losses Carry-Forward Term: 10 years Transfer Pricing Rules: Yes Tax Free Reorganizations: Mergers, spin-offs, transfer of shares, etc., provided that certain requirements are met VAT on Sales: 16% (11% on border region) VAT on Services: 16% (11% on border region) VAT on Imports: 16% (11% on border region) Flat Rate Business Tax: 17.5% Tax on Cash Deposits: 3 % TREATY TAXATION: Items of Income Contracting State(1) Dividends Interest(3) Patent and know-how Royalites(4) Tech. Services(8) Tech. Assistance (8) Australia 0/15% 10/15% 10% 0% 0% Austria 5 /10% 10% 10% 0% 0% Barbados 5 /10% 10% 1-% 0% 0% Belgium 5 /15% 10/15% 10% 0% 0% Brazil 10/15%(2) 10/15%(2) 10/15%(2) 0/15%(2) 0/15%(2) Canada 5 /15% 10% 1 0% 0% 0% Chile 5/10% 15%(2) 15%(2) 0% 0% China 5 % 10% 10% 0% 0% Czech Republic 10% 10% 10% 0% 0% Denmark 0/15% 5 /15% 10% 0% 0% Ecuador 5% 10/15% 10% 0% 0% Finland 0% 10/15% 10% 0%...See the full content of this document
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