Lesotho

Paying Taxes in

Lesotho

Listed below is a detailed summary of the taxes and mandatory contributions that a medium-size company must pay or withhold in a given year, as well as measures of administrative burden in paying taxes.

The information appearing on this page was collected as part of the Doing Business project, which measures and compares regulations relevant to the life cycle of a small- to medium-sized domestic business in 183 economies. The most recent round of data collection for the project was completed in December 2010.

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To see indicator data for all economies, see the Paying Taxes page. To see how economies rank, see the Rankings page.

Tax or mandatory contribution Payments (number) Notes on Payments Time (hours) Statutory tax rate Tax base Total tax rate (% profit) Notes on TTR
Dividend tax 1 58.35% changed to 33.33% in April dividend distribution 13.1
Corporate income tax 4 70 15% changed to 10% in April taxable profits (paid only if higher than ACT) 8.5 included in other taxes
Property tax 1 2.8% property value 2.7
Tax on interest 10.0% interest income 0.3 withheld
Vehicle taxes 1 LSL 921 fixed fee 0.2
Fuel tax 1 3.8c/liter fuel consumption 0
Land tax 1 9c per square meter property area 0
Capital gains 0 35% changed to 25% in April capital gains 0
Personal income tax withheld 104 22-35% taxable salaries withheld
Value added tax (VAT) 12 150 14.0% value added not included
Totals: 21 324 16.0
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