Total tax rate for medium sized businesses Nepal 2011-2020

Published by K. Tran, Sep 18, 2024
In 2020, the tax rate for medium sized businesses in Nepal was approximately 41.8 percent of commercial profits. This was an increase from 2017, in which the tax rate for medium sized businesses was 29.6 percent of all profits in Nepal.

Total tax rate as a share of profits for medium sized businesses in Nepal from 2011 to 2020

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Source

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Release date

October 2019

Region

Asia, Nepal

Survey time period

2011 to 2020

Supplementary notes

As per the source, the total tax rate measures the amount of taxes payable by medium-size businesses after accounting for deductions and exemptions, expressed as a share of commercial profits. The taxes withheld (such as sales or value added tax or personal income tax) but not paid by the company are excluded. The total tax rate is designed to provide a comprehensive measure of the cost of all the taxes a business bears.

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