Nepal NP: Total Tax Rate: % of Profit

Nepal NP: Total Tax Rate: % of Profit data was reported at 29.600 % in 2017. This records an increase from the previous number of 29.500 % for 2016. Nepal NP: Total Tax Rate: % of Profit data is updated yearly, averaging 31.500 % from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 34.100 % in 2008 and a record low of 29.500 % in 2016. Nepal NP: Total Tax Rate: % of Profit data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nepal – Table NP.World Bank.WDI: Company Statistics. 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.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year.

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