The Personal Income Tax Rate in Laos stands at 24 percent.

Personal Income Tax Rate in Laos averaged 24.91 percent from 2009 until 2019, reaching an all time high of 28 percent in 2011 and a record low of 24 percent in 2013. This page provides - Laos Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Laos Personal Income Tax Rate - values, historical data and charts - was last updated on July of 2020.

Personal Income Tax Rate in Laos is expected to reach 24.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Laos Personal Income Tax Rate is projected to trend around 24.00 percent in 2021, according to our econometric models.

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Laos Personal Income Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
24.00 24.00 28.00 24.00 2009 - 2019 percent Yearly

Laos Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 24.00 24.00 35.00 24.00 percent [+]
Personal Income Tax Rate 24.00 24.00 28.00 24.00 percent [+]
Sales Tax Rate 10.00 10.00 10.00 10.00 percent [+]
Social Security Rate 11.50 11.50 11.50 9.50 percent [+]
Social Security Rate For Companies 6.00 6.00 6.00 4.50 percent [+]
Social Security Rate For Employees 5.50 5.50 5.50 4.50 percent [+]


Laos Personal Income Tax Rate
In Laos, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labor, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Laos.