CGT
Effective Rates
CAPITAL GAINS TAX
Effective capital gains tax rates remain unchanged as follows:
| Taxpayer |
Inclusion
Rate (%) |
Statutory
Rate (%) |
Effective
Rate (%) |
| Individuals |
25
|
0 - 40
|
0 - 10
|
| Trusts |
|
|
|
Unit
|
-
|
29
|
-
|
Special
|
25
|
18 - 40
|
4,5 - 10
|
Other
|
50
|
40
|
20
|
| Companies |
|
|
|
Ordinary
|
50
|
29
|
14,5
|
Small business corporation
|
50
|
0 - 29
|
0 - 14,5
|
Permanent establishment
|
50
|
34
|
17
|
Employment company
|
50
|
34
|
17
|
| Life assurors |
|
|
|
Individual policyholder fund
|
25
|
30
|
7,5
|
Company policyholder fund
|
50
|
29
|
14,5
|
Untaxed policyholder fund
|
-
|
-
|
-
|
Corporate fund
|
50
|
29
|
14,5
|
|