Direct Tax
Corporate income tax (CIT) was enacted in law No. 5 November 5 in 1966 this tax is levied cn Business provits once a year such as Bussiness, Industrrial, Agriculture, Provissions, Seasonal bussiness, Service etc. They are charged a certain percentage.
NB. This Tax is Payable Annually
| No | Income | Percentage% |
| 1 | $2,400----$3,600 | 9% |
| 2 | $3,620----$4,800 | 11% |
| 3 | $4,820----$6000 | 13% |
| 4 | $6,020----$7,200 | 15% |
| 5 | $7,220----$8,400 | 17% |
| 6 | $8,420----$9,600 | 19% |
| 7 | $9,620----$10,800 | 22% |
| 8 | $10,900---$18,000 | 25% |
| 9 | $18,100---$30,000 | 28% |
| 10 | $30,000 and More | 30% |
House Income Tax was issued by Law No. 5, 1966. This tax is imposed on anyone who receives profit from House or House and it will be assessed according to the income of a specified percentage.
NB. This tax is paid every three months
| No | Income | Percentage% |
| 1 | $500 - $ 20,000 | 15% |
| 2 | $20,010 and More | 22.5% |
The Payroll Income Tax was issued in Law No. 5 on November 5, 1966. This tax is obligatory for anyone who receives income from employment within the country such as salary and bonus and will be assessed according to the income that comes in a specified percentage.
NB. This tax is payable monthly.
| No | Income | Percentage% |
| 1 | $0-----$200 | 0% |
| 2 | $201----$800 | 6% |
| 3 | $801----$1,500 | 12% |
| 4 | $1,500 and More | 18% |