Taxes on Income, Profits and Capital Gains (Local Currency) rose 8.51% to BTN 10.5 bil in Bhutan in 2016

Taxes on Income, Profits and Capital Gains (Local Currency) (BTN bil)
Economy | Bhutan | February 1, 2019
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Taxes on income, profits and capital gains reached 10.5 BTN bil in 2016 in Bhutan, according to the National Statistical Office. This is 8.51 % more than in the previous year.

Historically, taxes on income, profits and capital gains in Bhutan reached an all time high of 10.5 BTN bil in 2016 and an all time low of 0.019 BTN bil in 1982. When compared to Bhutan's main peers, taxes on income, profits and capital gains in Bangladesh amounted to 451 BDT bil, 2,477 CNY bil in China and 114 NPR bil in Nepal in 2016.

Bhutan has been ranked 83rd within the group of 109 countries we follow in terms of taxes on income, profits and capital gains, 18 places above the position seen 10 years ago.

Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realised or not, on land, securities, and other assets.

Taxes on Income, Profits and Capital Gains (Local Currency) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Bangladesh BDT bil 220 282 344 378 407 ...
Bhutan BTN bil 7.03 7.54 7.81 9.35 9.64 ...
China CNY bil 1,366 1,558 1,836 2,024 2,281 ...
India INR bil 4,378 5,631 6,604 ... ... ... ...
Japan JPY bil 24,898 26,680 30,158 31,770 32,009
Myanmar MMK bil ... ... ... 766 1,220 1,461 1,656
Nepal NPR bil 43.1 51.3 64.2 75.6 86.2
Pakistan PKR bil 623 745 932 891 ... ... ...
Russia RUB bil 305 361 337 408 486
Sri Lanka SKR bil 157 173 206 198 263
USA UYU bil 1,370 1,458 1,619 1,764 1,881