Taxes on income, profits and capital gains as a share of revenue reached 2.45% in 2020 in Somalia, according to the National Statistical Office. This is 27.5% less than in the previous year.
Historically, taxes on income, profits and capital gains as a share of revenue in Somalia reached an all time high of 3.38% in 2019 and an all time low of 1.39% in 2017.
Somalia has been ranked 106th within the group of 109 countries we follow in terms of taxes on income, profits and capital gains as a share of revenue.
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