International Taxation
 
                 
			Preparation of management accounts for a foreign company
Tax systems of foreign countries
                            
								Country                            
                        
                        
                            Income tax
                        
                        
                            VAT
                        
                        
                            Withholding tax
                        
                        
                            Personal income tax
                        
						
                            Capital gains tax
                        
						
                            Currency control
                        
						                    Western Europe
            Income tax:
           10%        
        
            VAT:
           4,5%        
        
            Withholding tax:
           0% (dividend), 0% (interest), 5% (royalty)        
        
            Personal income tax:
           0-10%        
        
            Capital gains tax:
           10%        
        
            Currency control:
           No        
            
            Income tax:
           23%        
        
            VAT:
           20%        
        
            Withholding tax:
           23% (dividend), 0% (interest), 20% (royalty)        
        
            Personal income tax:
           20-55%        
        
            Capital gains tax:
           23%        
        
            Currency control:
           No        
            
            Income tax:
           25%        
        
            VAT:
           21%        
        
            Withholding tax:
           30% (dividend), 30% (interest), 30% (royalty)        
        
            Personal income tax:
           25-50%        
        
            Capital gains tax:
           25%        
        
            Currency control:
           No        
            
            Income tax:
           24%        
        
            VAT:
           8%        
        
            Withholding tax:
           26% (dividend), 26% (interest), 30% (royalty)        
        
            Personal income tax:
           23-43%        
        
            Capital gains tax:
           24%        
        
            Currency control:
           No        
            
            Income tax:
           12,5%        
        
            VAT:
           19%        
        
            Withholding tax:
           0% (dividend), 0% (interest), 10% (royalty)        
        
            Personal income tax:
           0-35%        
        
            Capital gains tax:
           12,5%        
        
            Currency control:
           No        
            
            Income tax:
           22%        
        
            VAT:
           25%        
        
            Withholding tax:
           22% (dividend), 22% (interest), 22% (royalty)        
        
            Personal income tax:
           Up to 52,07%        
        
            Capital gains tax:
           22%        
        
            Currency control:
           No        
            
            Income tax:
           20%        
        
            VAT:
           25,5%        
        
            Withholding tax:
           20% (dividend), 0% (interest), 20% (royalty)        
        
            Personal income tax:
           12,64-44,25%
        
        
            Capital gains tax:
           20%        
        
            Currency control:
           No        
            
            Income tax:
           ~ 30%        
        
            VAT:
           19%        
        
            Withholding tax:
           25% (dividend), 0% (interest), 15% (royalty)        
        
            Personal income tax:
           0-45%        
        
            Capital gains tax:
           15%        
        
            Currency control:
           No        
            
            Income tax:
           15%        
        
            VAT:
           No        
        
            Withholding tax:
           0% (dividend), 0% (interest), 0% (royalty)        
        
            Personal income tax:
           14-39%        
        
            Capital gains tax:
           No        
        
            Currency control:
           No        
            
            Income tax:
           22%        
        
            VAT:
           24%        
        
            Withholding tax:
           5% (dividend), 15% (interest), 20% (royalty)        
        
            Personal income tax:
           9-44%        
        
            Capital gains tax:
           22%        
        
            Currency control:
           No        
            
            Income tax:
           0%        
        
            VAT:
           No        
        
            Withholding tax:
           0% (dividend), 0% (interest), 0% (royalty)        
        
            Personal income tax:
           20%        
        
            Capital gains tax:
           No        
        
            Currency control:
           No        
            
            Income tax:
           21%        
        
            VAT:
           24%        
        
            Withholding tax:
           21% (dividend), 13% (interest), 20% (royalty)         
        
            Personal income tax:
           31,48-46,28%        
        
            Capital gains tax:
           21%        
        
            Currency control:
           Yes        
            
            Income tax:
           12,5% / 25%        
        
            VAT:
           23%        
        
            Withholding tax:
           25% (dividend), 20% (interest), 20% (royalty)        
        
            Personal income tax:
           20% / 40%        
        
            Capital gains tax:
           33%        
        
            Currency control:
           No        
            
            Income tax:
           24%        
        
            VAT:
           22%        
        
            Withholding tax:
           26% (dividend), 26% (interest), 30% (royalty)        
        
            Personal income tax:
           23-43%        
        
            Capital gains tax:
           24%        
        
            Currency control:
           No        
            
            Income tax:
            0%         
        
            VAT:
           5%        
        
            Withholding tax:
           0% (dividend), 0% (interest), 0% (royalty)        
        
            Personal income tax:
           20%        
        
            Capital gains tax:
           No        
        
            Currency control:
           No        
            
            Income tax:
           12,5%        
        
            VAT:
           7,7%        
        
            Withholding tax:
           0% (dividend), 0% (interest), 0% (royalty)        
        
            Personal income tax:
           2,5-22,4%        
        
            Capital gains tax:
           13,25-48%        
        
            Currency control:
           No        
            
            Income tax:
           23,87%        
        
            VAT:
           17%        
        
            Withholding tax:
           15% (dividend), 0% (interest), 0% (royalty)        
        
            Personal income tax:
           0-42%        
        
            Capital gains tax:
           14%        
        
            Currency control:
           No        
            
            Income tax:
           21%        
        
            VAT:
           23%        
        
            Withholding tax:
           25% (dividend), 25% (interest), 25% (royalty)         
        
            Personal income tax:
           13,25-48%        
        
            Capital gains tax:
           21%        
        
            Currency control:
           No        
            
            Income tax:
           35%        
        
            VAT:
           18%        
        
            Withholding tax:
           0% (dividend), 0% (interest), 0% (royalty)        
        
            Personal income tax:
           0-35%        
        
            Capital gains tax:
           35%        
        
            Currency control:
           No        
            
            Income tax:
           25%        
        
            VAT:
           20%        
        
            Withholding tax:
           0% (dividend), 0% (interest), 0% (royalty)        
        
            Personal income tax:
           No        
        
            Capital gains tax:
           25%        
        
            Currency control:
           No        
            
            Income tax:
           25,8%        
        
            VAT:
           21%        
        
            Withholding tax:
           15% (dividend), 0% (interest), 0% (royalty)        
        
            Personal income tax:
           8,17-49,50%        
        
            Capital gains tax:
           25,8%        
        
            Currency control:
           No        
            
            Income tax:
           21%        
        
            VAT:
           23%        
        
            Withholding tax:
           25% (dividend), 25% (interest), 25% (royalty)        
        
            Personal income tax:
           13,25-48%        
        
            Capital gains tax:
           21%        
        
            Currency control:
           No        
            
            Income tax:
           No        
        
            VAT:
           20%        
        
            Withholding tax:
           No        
        
            Personal income tax:
           45%        
        
            Capital gains tax:
           No        
        
            Currency control:
           No        
            
            Income tax:
           25%        
        
            VAT:
           21%        
        
            Withholding tax:
           19% (dividend), 19% (interest), 24% (royalty)        
        
            Personal income tax:
           19-47%        
        
            Capital gains tax:
           25%        
        
            Currency control:
           No        
            
            Income tax:
           20,6%        
        
            VAT:
           25%        
        
            Withholding tax:
           30% (dividend), 0% (interest), 0% (royalty)        
        
            Personal income tax:
           20%        
        
            Capital gains tax:
           20,6%        
        
            Currency control:
           No        
            
            Income tax:
           8,5         
        
            VAT:
           8,1%        
        
            Withholding tax:
           35% (dividend), 35% (interest), 0% (royalty)        
        
            Personal income tax:
           0-48%        
        
            Capital gains tax:
           21%        
        
            Currency control:
           No        
            
            Income tax:
           25%        
        
            VAT:
           20%        
        
            Withholding tax:
           0% (dividend), 20% (interest), 20% (royalty)        
        
            Personal income tax:
           0-45%        
        
            Capital gains tax:
           25%        
        
            Currency control:
           No        
            Eastern Europe
            Income tax:
           10%        
        
            VAT:
           20%        
        
            Withholding tax:
           5% (dividend), 10% (interest), 10% (royalty)        
        
            Personal income tax:
           10%        
        
            Capital gains tax:
           10%        
        
            Currency control:
           No        
            
            Income tax:
           21%        
        
            VAT:
           21%        
        
            Withholding tax:
           15% (dividend), 15% (interest), 15%(royalty)        
        
            Personal income tax:
           15 and 23%        
        
            Capital gains tax:
           21%        
        
            Currency control:
           No        
            
            Income tax:
           15%        
        
            VAT:
           18%        
        
            Withholding tax:
           5% (dividend), 5% (interest), 5% (royalty)        
        
            Personal income tax:
           20%        
        
            Capital gains tax:
           15%        
        
            Currency control:
           Yes        
            
            Income tax:
           9% + 2%        
        
            VAT:
           27%        
        
            Withholding tax:
           0% (dividend), 0% (interest), 0% (royalty)        
        
            Personal income tax:
           15%        
        
            Capital gains tax:
           9%        
        
            Currency control:
           No        
            
            Income tax:
           9%        
        
            VAT:
           21%        
        
            Withholding tax:
           15% (dividend), 15% (interest), 15% (royalty)        
        
            Personal income tax:
           0%, 9% and 15%        
        
            Capital gains tax:
           9%        
        
            Currency control:
           No        
            
            Income tax:
           16%        
        
            VAT:
           19%        
        
            Withholding tax:
           10% (dividend), 16% (interest), 16% (royalty)        
        
            Personal income tax:
           10%        
        
            Capital gains tax:
           16%        
        
            Currency control:
           No        
            
            Income tax:
           15%        
        
            VAT:
           20%        
        
            Withholding tax:
           20% (dividend),  20% (interest), 20% (royalty)        
        
            Personal income tax:
           10%-25%        
        
            Capital gains tax:
           15%        
        
            Currency control:
           Yes        
            
            Income tax:
           10%, 21%, 24%        
        
            VAT:
           23%        
        
            Withholding tax:
           0%/35% (dividend), 19%/35% (interest), 19%/35% (royalty)         
        
            Personal income tax:
           19 and 25%        
        
            Capital gains tax:
           21%        
        
            Currency control:
           No        
            Offshore jurisdictions
            Income tax:
           No        
        
            VAT:
           13%        
        
            Withholding tax:
           0% (dividend), 0% (interest), 0% (royalty)        
        
            Personal income tax:
           No        
        
            Capital gains tax:
           No        
        
            Currency control:
           No        
            
            Income tax:
           25%        
        
            VAT:
           17%        
        
            Withholding tax:
           25% (dividend), 25% (interest), 25% (royalty)        
        
            Personal income tax:
           0%        
        
            Capital gains tax:
           No         
        
            Currency control:
           No        
            
            Income tax:
           No        
        
            VAT:
           10%        
        
            Withholding tax:
           0% (dividend), 0% (interest), 0% (royalty)        
        
            Personal income tax:
           No        
        
            Capital gains tax:
           No        
        
            Currency control:
           No        
            
            Income tax:
           25%        
        
            VAT:
           12,5%        
        
            Withholding tax:
           15% (dividend), 15% (interest), 25% (royalty)        
        
            Personal income tax:
           25%        
        
            Capital gains tax:
           No        
        
            Currency control:
           No        
            
            Income tax:
           No        
        
            VAT:
           No        
        
            Withholding tax:
           0% (dividend), 0% (interest), 0% (royalty)        
        
            Personal income tax:
           No        
        
            Capital gains tax:
           No        
        
            Currency control:
           No         
            
            Income tax:
           No        
        
            VAT:
           No        
        
            Withholding tax:
           0% (dividend), 0% (interest), 0% (royalty)        
        
            Personal income tax:
           No        
        
            Capital gains tax:
           No        
        
            Currency control:
           No        
            
            Income tax:
           30%        
        
            VAT:
           13%        
        
            Withholding tax:
           15% (dividend), 15% (interest), 25%(royalty)        
        
            Personal income tax:
           0-25%        
        
            Capital gains tax:
           15%        
        
            Currency control:
           No        
            
            Income tax:
           25%        
        
            VAT:
           15%        
        
            Withholding tax:
           15% (dividend), 15% (interest), 15% (royalty)        
        
            Personal income tax:
           0-35%        
        
            Capital gains tax:
           No        
        
            Currency control:
           No        
            
            Income tax:
           15%        
        
            VAT:
           No        
        
            Withholding tax:
           0% (dividend), 0% (interest), 0% (royalty)        
        
            Personal income tax:
           14-39%        
        
            Capital gains tax:
           No        
        
            Currency control:
           No        
            
            Income tax:
           0%        
        
            VAT:
           No        
        
            Withholding tax:
           0% (dividend), 0% (interest), 0% (royalty)        
        
            Personal income tax:
           20%        
        
            Capital gains tax:
           No        
        
            Currency control:
           No        
            
            Income tax:
            0%         
        
            VAT:
           5%        
        
            Withholding tax:
           0% (dividend), 0% (interest), 0% (royalty)        
        
            Personal income tax:
           20%        
        
            Capital gains tax:
           No        
        
            Currency control:
           No        
            
            Income tax:
           25%        
        
            VAT:
           7%        
        
            Withholding tax:
           15% (dividend), 15% (interest), 15% (royalty)        
        
            Personal income tax:
           0-25%        
        
            Capital gains tax:
           Regular rate        
        
            Currency control:
           No        
            
            Income tax:
           12%        
        
            VAT:
           No        
        
            Withholding tax:
           0% (dividend), 0% (interest), 0% (royalty)        
        
            Personal income tax:
           0-12%        
        
            Capital gains tax:
           12%        
        
            Currency control:
           No        
            
            Income tax:
           21%        
        
            VAT:
           23%        
        
            Withholding tax:
           25% (dividend), 25% (interest), 25% (royalty)         
        
            Personal income tax:
           13,25-48%        
        
            Capital gains tax:
           21%        
        
            Currency control:
           No        
            
            Income tax:
           No        
        
            VAT:
           2-4%        
        
            Withholding tax:
           0% (dividend), 0% (interest), 0% (royalty)        
        
            Personal income tax:
           8-12%        
        
            Capital gains tax:
           No        
        
            Currency control:
           No        
            
            Income tax:
           15%        
        
            VAT:
           15%        
        
            Withholding tax:
           0% (dividend), 15% (interest), 15% (royalty)        
        
            Personal income tax:
           0-20%        
        
            Capital gains tax:
           15%        
        
            Currency control:
           No        
            
            Income tax:
           33%        
        
            VAT:
           17%        
        
            Withholding tax:
           15% (dividend), 15% (interest), 15% (royalty)        
        
            Personal income tax:
           No        
        
            Capital gains tax:
           20%        
        
            Currency control:
           No        
            
            Income tax:
           25%        
        
            VAT:
           7%        
        
            Withholding tax:
           10% (5%, 20%) (dividend), 12,5% (interest), 12,5%(royalty)        
        
            Personal income tax:
           0-25%        
        
            Capital gains tax:
           10%        
        
            Currency control:
           No        
            
            Income tax:
           33,33%        
        
            VAT:
           12,5%        
        
            Withholding tax:
           0% (dividend), 15% (interest), 25% (royalty)        
        
            Personal income tax:
           0-30%        
        
            Capital gains tax:
           No        
        
            Currency control:
           No        
            
            Income tax:
           25%        
        
            VAT:
           7%        
        
            Withholding tax:
           15% (dividend), 15% (interest), 15% (royalty)        
        
            Personal income tax:
           0-30%        
        
            Capital gains tax:
           25%        
        
            Currency control:
           No        
            
            Income tax:
           No        
        
            VAT:
           No        
        
            Withholding tax:
           0% (dividend), 0% (interest), 0% (royalty)        
        
            Personal income tax:
           No        
        
            Capital gains tax:
           No        
        
            Currency control:
           No         
            
            Income tax:
           No        
        
            VAT:
           No        
        
            Withholding tax:
           0% (dividend), 0% (interest), 0% (royalty)        
        
            Personal income tax:
           No        
        
            Capital gains tax:
           No        
        
            Currency control:
           No        
            Baltic countries
            Income tax:
           20%        
        
            VAT:
           24%        
        
            Withholding tax:
           0% (dividend), 0% (interest), 10% (royalty)        
        
            Personal income tax:
           20%        
        
            Capital gains tax:
           No        
        
            Currency control:
           No        
            
            Income tax:
           20%        
        
            VAT:
           21%        
        
            Withholding tax:
           0% (dividend), 0% (interest), 0% (royalty)        
        
            Personal income tax:
           25,5%; 33%        
        
            Capital gains tax:
           20%        
        
            Currency control:
           No        
            
            Income tax:
           16%        
        
            VAT:
           21%        
        
            Withholding tax:
           16% (dividend), 10% (interest), 10% (royalty)        
        
            Personal income tax:
           20% / 32%        
        
            Capital gains tax:
           16%        
        
            Currency control:
           No        
            Middle East
            Income tax:
           No        
        
            VAT:
           10%        
        
            Withholding tax:
           0% (dividend), 0% (interest), 0% (royalty)        
        
            Personal income tax:
           No        
        
            Capital gains tax:
           No        
        
            Currency control:
           No        
            
            Income tax:
           22,5%        
        
            VAT:
           14%	        
        
            Withholding tax:
           10% (dividend), 20% (interest), 20% (royalty)        
        
            Personal income tax:
           0-27,5%        
        
            Capital gains tax:
           22,5%        
        
            Currency control:
           No        
            
            Income tax:
           9%        
        
            VAT:
           5%        
        
            Withholding tax:
           0% (dividend), 0% (interest), 0% (royalty)        
        
            Personal income tax:
           No        
        
            Capital gains tax:
           No        
        
            Currency control:
           No        
            
            Income tax:
           23%        
        
            VAT:
           17%        
        
            Withholding tax:
           25/30% (dividend),  23% (interest), 23% (royalty)        
        
            Personal income tax:
           10-50%        
        
            Capital gains tax:
           15-30%        
        
            Currency control:
           None        
            
            Income tax:
           15%        
        
            VAT:
           5%        
        
            Withholding tax:
           0% (dividend), 0% (interest), 10% (royalty)        
        
            Personal income tax:
           No        
        
            Capital gains tax:
           15%        
        
            Currency control:
           No        
            
            Income tax:
           10%        
        
            VAT:
           No        
        
            Withholding tax:
           0% (dividend), 5% (interest), 5% (royalty)        
        
            Personal income tax:
           No        
        
            Capital gains tax:
           10%        
        
            Currency control:
           No        
            
            Income tax:
           20%        
        
            VAT:
           15%        
        
            Withholding tax:
           5% (dividend), 5% (interest), 15% (royalty)        
        
            Personal income tax:
           No        
        
            Capital gains tax:
           20%        
        
            Currency control:
           No        
            
            Income tax:
           25%        
        
            VAT:
           20%        
        
            Withholding tax:
           10% (dividend), 10% (interest), 20% (royalty)        
        
            Personal income tax:
           15-40%        
        
            Capital gains tax:
           25%        
        
            Currency control:
           No        
            South and South-Eastern Asia
            Income tax:
           25%        
        
            VAT:
           13%        
        
            Withholding tax:
           10% (dividend), 10% (interest), 10% (royalty)        
        
            Personal income tax:
           3-45%        
        
            Capital gains tax:
           25%        
        
            Currency control:
           Yes        
            
            Income tax:
           16,5%        
        
            VAT:
           No        
        
            Withholding tax:
           0% (dividend) / 0% (interest) / 2,475% - 4,95% (royalty)        
        
            Personal income tax:
           2-17%        
        
            Capital gains tax:
           No        
        
            Currency control:
           No        
            
            Income tax:
           25%        
        
            VAT:
           18%        
        
            Withholding tax:
           20% (dividend), 20% (interest), 10% (royalty)        
        
            Personal income tax:
           5-30%        
        
            Capital gains tax:
           25%        
        
            Currency control:
           Yes        
            
            Income tax:
           22%        
        
            VAT:
           12%        
        
            Withholding tax:
           20% (dividend), 20% (interest), 20% (royalty)        
        
            Personal income tax:
           5-35%        
        
            Capital gains tax:
           5 - 35% / 22%        
        
            Currency control:
           Yes        
            
            Income tax:
           12%        
        
            VAT:
           No        
        
            Withholding tax:
           0% (dividend), 0% (interest), 0% (royalty)        
        
            Personal income tax:
           0-12%        
        
            Capital gains tax:
           12%        
        
            Currency control:
           No        
            
            Income tax:
           17%        
        
            VAT:
           9%        
        
            Withholding tax:
           0% (dividend), 10% (interest), 15% (royalty)        
        
            Personal income tax:
           2-24%        
        
            Capital gains tax:
           No        
        
            Currency control:
           No        
            
            Income tax:
           20%        
        
            VAT:
           5%        
        
            Withholding tax:
           21% (dividend), 15% (interest), 15% (royalty)        
        
            Personal income tax:
           5-40%        
        
            Capital gains tax:
           20%        
        
            Currency control:
           Yes        
            
            Income tax:
           20%        
        
            VAT:
           7%        
        
            Withholding tax:
           10% (dividend), 15% (interest), 15% (royalty)        
        
            Personal income tax:
           0-35%        
        
            Capital gains tax:
           20%        
        
            Currency control:
           Yes        
            USA & Canada
            Income tax:
           38%        
        
            VAT:
           5%        
        
            Withholding tax:
           25% (dividend), 25% (interest), 25% (royalty)        
        
            Personal income tax:
           15-33%        
        
            Capital gains tax:
           50% of the regular rate        
        
            Currency control:
           No        
            
            Income tax:
           21%         
        
            VAT:
           2,9-7,25%         
        
            Withholding tax:
           30% (dividend), 30% (interest), 30% (royalty)        
        
            Personal income tax:
           10-37%        
        
            Capital gains tax:
           21%        
        
            Currency control:
           No        
            South and Latin America
            Income tax:
           No        
        
            VAT:
           13%        
        
            Withholding tax:
           0% (dividend), 0% (interest), 0% (royalty)        
        
            Personal income tax:
           No        
        
            Capital gains tax:
           No        
        
            Currency control:
           No        
            
            Income tax:
           25%        
        
            VAT:
           17%        
        
            Withholding tax:
           25% (dividend), 25% (interest), 25% (royalty)        
        
            Personal income tax:
           0%        
        
            Capital gains tax:
           No         
        
            Currency control:
           No        
            
            Income tax:
           No        
        
            VAT:
           10%        
        
            Withholding tax:
           0% (dividend), 0% (interest), 0% (royalty)        
        
            Personal income tax:
           No        
        
            Capital gains tax:
           No        
        
            Currency control:
           No        
            
            Income tax:
           25%        
        
            VAT:
           12,5%        
        
            Withholding tax:
           15% (dividend), 15% (interest), 25% (royalty)        
        
            Personal income tax:
           25%        
        
            Capital gains tax:
           No        
        
            Currency control:
           No        
            
            Income tax:
           No        
        
            VAT:
           No        
        
            Withholding tax:
           0% (dividend), 0% (interest), 0% (royalty)        
        
            Personal income tax:
           No        
        
            Capital gains tax:
           No        
        
            Currency control:
           No         
            
            Income tax:
           No        
        
            VAT:
           No        
        
            Withholding tax:
           0% (dividend), 0% (interest), 0% (royalty)        
        
            Personal income tax:
           No        
        
            Capital gains tax:
           No        
        
            Currency control:
           No        
            
            Income tax:
           30%        
        
            VAT:
           13%        
        
            Withholding tax:
           15% (dividend), 15% (interest), 25%(royalty)        
        
            Personal income tax:
           0-25%        
        
            Capital gains tax:
           15%        
        
            Currency control:
           No        
            
            Income tax:
           25%        
        
            VAT:
           15%        
        
            Withholding tax:
           15% (dividend), 15% (interest), 15% (royalty)        
        
            Personal income tax:
           0-35%        
        
            Capital gains tax:
           No        
        
            Currency control:
           No        
            
            Income tax:
           33%        
        
            VAT:
           17%        
        
            Withholding tax:
           15% (dividend), 15% (interest), 15% (royalty)        
        
            Personal income tax:
           No        
        
            Capital gains tax:
           20%        
        
            Currency control:
           No        
            
            Income tax:
           25%        
        
            VAT:
           7%        
        
            Withholding tax:
           10% (5%, 20%) (dividend), 12,5% (interest), 12,5%(royalty)        
        
            Personal income tax:
           0-25%        
        
            Capital gains tax:
           10%        
        
            Currency control:
           No        
            
            Income tax:
           33,33%        
        
            VAT:
           12,5%        
        
            Withholding tax:
           0% (dividend), 15% (interest), 25% (royalty)        
        
            Personal income tax:
           0-30%        
        
            Capital gains tax:
           No        
        
            Currency control:
           No        
            
            Income tax:
           No        
        
            VAT:
           No        
        
            Withholding tax:
           0% (dividend), 0% (interest), 0% (royalty)        
        
            Personal income tax:
           No        
        
            Capital gains tax:
           No        
        
            Currency control:
           No         
            Australia and Oceania
            Income tax:
           30%        
        
            VAT:
           10%        
        
            Withholding tax:
           30%(dividend), 10% (interest), 30% (royalty)        
        
            Personal income tax:
           0-45%        
        
            Capital gains tax:
           30%        
        
            Currency control:
           No        
            
            Income tax:
           No        
        
            VAT:
           2-4%        
        
            Withholding tax:
           0% (dividend), 0% (interest), 0% (royalty)        
        
            Personal income tax:
           8-12%        
        
            Capital gains tax:
           No        
        
            Currency control:
           No        
            
            Income tax:
           28%        
        
            VAT:
           15%        
        
            Withholding tax:
           0/15/30% (dividend), 15% (interest), 15% (royalty)         
        
            Personal income tax:
           10,5-39%        
        
            Capital gains tax:
           28%        
        
            Currency control:
           No        
            
            Income tax:
           30%        
        
            VAT:
           No        
        
            Withholding tax:
           30% (dividend), 10% (interest), 30% (royalty)        
        
            Personal income tax:
           0-45%        
        
            Capital gains tax:
           30%        
        
            Currency control:
           No        
            
            Income tax:
           No        
        
            VAT:
           No        
        
            Withholding tax:
           0% (dividend), 0% (interest), 0% (royalty)        
        
            Personal income tax:
           No        
        
            Capital gains tax:
           No        
        
            Currency control:
           No        
            CIS Countries
            Income tax:
           18%        
        
            VAT:
           20%        
        
            Withholding tax:
           5% (dividend), 10% (interest), 10% (royalty)        
        
            Personal income tax:
           20%        
        
            Capital gains tax:
           18%        
        
            Currency control:
           Yes        
            
            Income tax:
           20%        
        
            VAT:
           20%        
        
            Withholding tax:
           15% (dividend), 10% (interest), 15% (royalty)        
        
            Personal income tax:
           13%        
        
            Capital gains tax:
           20%        
        
            Currency control:
           Yes        
            
            Income tax:
           20%        
        
            VAT:
           12%        
        
            Withholding tax:
           15% (dividend), 15% (interest), 15% (royalty)         
        
            Personal income tax:
           10%         
        
            Capital gains tax:
           20%        
        
            Currency control:
           Yes        
            
            Income tax:
           10%        
        
            VAT:
           12%        
        
            Withholding tax:
           10% (dividend), 10% (interest), 10% (royalty)        
        
            Personal income tax:
           A single flat rate of 10% is applicable to most types of individual income        
        
            Capital gains tax:
           10%        
        
            Currency control:
           Yes        
            
            Income tax:
           8%        
        
            VAT:
           15%        
        
            Withholding tax:
           15% (dividend), 15% (interest), 15% (royalty)        
        
            Personal income tax:
           10%        
        
            Capital gains tax:
           8%        
        
            Currency control:
           Yes        
            
            Income tax:
           15%        
        
            VAT:
           12%        
        
            Withholding tax:
           10% (dividend), 10% (interest), 20% (royalty)        
        
            Personal income tax:
           12%        
        
            Capital gains tax:
           15%        
        
            Currency control:
           Yes        
            Other
            Income tax:
           25%        
        
            VAT:
           7%        
        
            Withholding tax:
           15% (dividend), 15% (interest), 15% (royalty)        
        
            Personal income tax:
           0-25%        
        
            Capital gains tax:
           Regular rate        
        
            Currency control:
           No        
            
            Income tax:
           15%        
        
            VAT:
           15%        
        
            Withholding tax:
           0% (dividend), 15% (interest), 15% (royalty)        
        
            Personal income tax:
           0-20%        
        
            Capital gains tax:
           15%        
        
            Currency control:
           No        
            
            Income tax:
           25%        
        
            VAT:
           7%        
        
            Withholding tax:
           15% (dividend), 15% (interest), 15% (royalty)        
        
            Personal income tax:
           0-30%        
        
            Capital gains tax:
           25%        
        
            Currency control:
           No        
             
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					Hong Kong tax system
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					UK tax system
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