Total tax rate for medium sized businesses APAC 2020 by country or region

In 2020, the tax rate for medium sized businesses in China was the highest at approximately 59.2 percent of all commercial profits. Contrastingly, the tax rate for medium sized businesses in Brunei was just eight percent of all profits in 2020.

Total tax rate as a percentage of profits for medium sized businesses in the Asia Pacific region in 2020, by country or region

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Source

Release date

October 2019

Region

APAC

Survey time period

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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Statistics on "Startups in Asia Pacific"

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