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

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MARCH/APRIL 2003 VAT MONITOR 9<br />

Country Type <strong>of</strong> tax <strong>Tax</strong> rates (%)<br />

1 2 3 4 5 6<br />

VAT Retail tax St<strong>and</strong>ard Reduced Increased Zero-rated exports<br />

Slovak Republic VAT 20 14 – yes<br />

Slovenia VAT 20 8.5 – yes<br />

Somalia Sales <strong>Tax</strong> 10 5 – no<br />

Solomon Isl<strong>and</strong>s GTA 5,10,15 no<br />

South Africa VAT 14 0 – yes<br />

Spa<strong>in</strong> IVA 16 4, 7 – yes<br />

– Canary Isl<strong>and</strong>s IGIC 4 0, 2 12 yes<br />

Sri Lanka GST 12.5 – – yes<br />

St. Kitts <strong>and</strong> Nevis no turnover tax – – – –<br />

St. Lucia Consumption <strong>Tax</strong> 5-40 yes<br />

St. V<strong>in</strong>cent no turnover tax – – – –<br />

Sudan Sales <strong>Tax</strong> 10 0 20 no<br />

10 (goods)<br />

0 25 no<br />

Sur<strong>in</strong>ame VAT<br />

8 (services)<br />

Swazil<strong>and</strong> Sales <strong>Tax</strong> 12 – 25 no<br />

Sweden VAT 25 0, 6, 12 – yes<br />

Switzerl<strong>and</strong> MwSt-TVA-IVA 7.6 2.4, 3.6 – yes<br />

Syria Sales <strong>Tax</strong> 5-20 – no<br />

Tajikistan VAT 20 – – yes17 Taiwan VAT 5 – – yes<br />

Tanzania VAT 20 0 – yes<br />

Thail<strong>and</strong> VAT 718 – – yes<br />

© 2003 International Bureau <strong>of</strong> Fiscal Documentation<br />

Togo VAT 18 – – yes<br />

Tonga Sales <strong>Tax</strong> 5 – – no<br />

Tr<strong>in</strong>idad/Tobago VAT 15 0 – yes<br />

Tunisia VAT 18 6-10 29 yes<br />

Turkey VAT 18 1, 8 – yes<br />

Turkmenistan VAT 20 – – yes<br />

Turks <strong>and</strong> Caicos Isl<strong>and</strong>s no turnover tax – – – –<br />

Tuvalu Sales <strong>Tax</strong> 5 0 – no<br />

Ug<strong>and</strong>a VAT 17 0 – yes<br />

Ukra<strong>in</strong>e VAT 20 – – yes

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