The Corporate Tax Rate in South Africa stands at 28 percent. South Africa Corporate Tax Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Corporate Tax Rate in South Africa averaged 32.98 percent from 2001 until 2020, reaching an all time high of 37.80 percent in 2002 and a record low of 28 percent in 2013. This page provides - South Africa Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Corporate Tax Rate in South Africa is expected to reach 28.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Corporate Tax Rate is projected to trend around 28.00 percent in 2021, according to our econometric models.


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South Africa Corporate Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
28.00 28.00 37.80 28.00 2001 - 2020 percent Yearly


South Africa Corporate Tax Rate
In South Africa, 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 South Africa.