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


Related Last Previous Unit Reference
Personal Income Tax Rate 0.00 0.00 percent Dec/21
Corporate Tax Rate 18.50 18.50 percent Dec/21
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.