The Corporate Tax Rate in Yemen stands at 20 percent.

Corporate Tax Rate in Yemen averaged 25.36 percent from 2006 until 2019, reaching an all time high of 35 percent in 2007 and a record low of 20 percent in 2011. This page provides - Yemen Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Yemen Corporate Tax Rate - values, historical data and charts - was last updated on October of 2020.

Corporate Tax Rate in Yemen is expected to reach 20.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Yemen Corporate Tax Rate is projected to trend around 20.00 percent in 2021, according to our econometric models.

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Yemen Corporate Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
20.00 20.00 35.00 20.00 2006 - 2019 percent Yearly

Yemen Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 20.00 20.00 35.00 20.00 percent [+]
Personal Income Tax Rate 15.00 15.00 20.00 15.00 percent [+]
Sales Tax Rate 5.00 5.00 5.00 2.00 percent [+]


Yemen Corporate Tax Rate
In Yemen, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Yemen.