4 Indonesian Pocket Tax Book 2013 PwC Indonesia Corporate Income Tax performance such as protective clothing and uniforms, transportation costs to and from the place of work, accommodation for ship crew and the likes, the cost of providing BIKs in remote areas, and 50% of the acquisition and maintenance costs of cellular phones; b. Private The corporate income tax (the CIT) rate will decrease next year by 2 %. This means that when you report on your taxes from January 2021 to December 2021, your company will be paying 22% of CIT from the net profit of the company. The following year, when you report on 2021, the CIT will be 20% from the net profit of the company. Definition: The highest statutory marginal tax rate applied to the taxable income of individuals. Please visit the KPMG personal tax rate page for further information on the country level. Personal income tax rate in Europe Personal income tax rate in Asia Personal income tax rate in Africa Personal income tax rate in North America Personal The Personal Income Tax Rate in Australia stands at 45 percent. Personal Income Tax Rate in Australia averaged 45.38 percent from 2003 until 2023, reaching an all time high of 47.00 percent in 2004 and a record low of 45.00 percent in 2007. source: Australian Taxation Office. In Australia, the Personal Income Tax Rate is a tax collected from Singapore follows a progressive resident tax rate starting at 0% and ending at 22% above S$320,000. There is no capital gain or inheritance tax. Individuals are taxed only on the income earned in Singapore. The income earned by individuals while working overseas is not subject to taxation barring a few exceptions. In the US, for example, if a married couple earns $40,000 a year, they pay federal income taxes at a rate of 10% on the first $18,500 or so, and at a rate of 15% on the rest. Hence, while the marginal rate applied to the last dollar earned is 15%, the effective income tax rate is lower. .

indonesia personal income tax rate