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Macau Has Lowest Tax Rates in Region

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Macau Has Lowest Tax Rates in Region

by CFO Innovation Staff, 23 June 2010
topics:
Accounting and Regulations Taxes
tags:
corporate tax rates KPMG
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Macau's corporate tax rates are the lowest in the Asia-Pacific region, says the Straits Times, citing accounting giant KPMG.

 

The direct tax rate on company profits in Macau is 12%, lower than Hong Kong at 16.5% and Singapore on 17%.

 

The average tax rate across the region is 27%.
 

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3rd-lowest tax rates in region
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