Solomon Islands - Total Tax Rate (% Of Profit)

Total tax and contribution rate (% of profit) in Solomon Islands was reported at 32 % in 2019, according to the World Bank collection of development indicators, compiled from officially recognized sources. Solomon Islands - Total tax rate (% of profit) - actual values, historical data, forecasts and projections were sourced from the World Bank on May of 2024.

Solomon Islands - Total Tax Rate (% Of Profit)
Total tax rate measures the amount of taxes and mandatory contributions payable by businesses after accounting for allowable deductions and exemptions as a share of commercial profits. Taxes withheld (such as personal income tax) or collected and remitted to tax authorities (such as value added taxes, sales taxes or goods and service taxes) are excluded.

Solomon Islands | World Bank Development Indicators