Overview of General Turnover Taxes and Tax Rates - empcom.gov.in

MARCH/APRIL 2003 VAT MONITOR 7
Country Type of tax Tax rates (%)
1 2 3 4 5 6
VAT Retail tax Standard Reduced Increased Zero-rated exports
Lesotho Sales Tax 10 5 20 no
Lithuania VAT 18 5, 9 – yes
Luxembourg TVA/MwSt 15 3, 6, 12 – yes
Macau no turnover tax – – – –
Madagascar VAT 20 – – yes
Malawi no turnover tax – – – –
Malaysia Sales Tax 10 5 20, 25 no
Maldives no turnover tax – – – –
Mali VAT 18 – – yes
Malta VAT 15 5 – yes
Marshall Islands Local Sales Tax 5 – 10 no
Mauritania VAT 14 – – yes
Mauritius VAT 15 – – yes
Mexico IVA 15 1015 – yes
Micronesia no turnover tax – – – –
1, 2, 3, 5, 10 (goods)
– Kosrae Sales Tax
no
5 (services) – –
– Truk Sales Tax 10, 25 no
– Yap Sales Tax 10 – – no
Moldova VAT 20 0, 5, 8 – yes
Mongolia VAT 15 – – yes
© 2003 International Bureau of Fiscal Documentation
Morocco VAT 20 7,10,14 – yes
Mozambique IVA 17 – – yes
5, 10, 20, 25 (goods) 30, 50, 75, 170,
yes
Myanmar VAT
5, 8, 10, 15, 30 (services) 200
Namibia VAT 15 0 – yes
Nauru no turnover tax – – – –
Nepal VAT 10 – – yes
Netherlands BTW 19 6 – yes
Netherlands Antilles:
– Bonaire VAT 5 – – no
– Curacao VAT 5 – – no