The Corporate Tax Rate in Brunei stands at 18.50 percent. source: Ministry of Finance, Revenue Division, Brunei

Corporate Tax Rate in Brunei is expected to reach 18.50 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brunei Corporate Tax Rate is projected to trend around 18.50 percent in 2021, according to our econometric models.

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Brunei Corporate Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
18.50 18.50 18.50 18.50 2014 - 2019 percent Yearly

Brunei Taxes Last Previous Highest Lowest Unit
Personal Income Tax Rate 0.00 0.00 0.00 0.00 percent [+]
Corporate Tax Rate 18.50 18.50 18.50 18.50 percent [+]


Brunei Corporate Tax Rate
In Brunei, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Brunei.