The Corporate Tax Rate in Gambia stands at 27 percent. source: Gambia Revenue Authority

Corporate Tax Rate in Gambia averaged 29.86 percent from 2016 until 2022, reaching an all time high of 31.00 percent in 2017 and a record low of 27.00 percent in 2021. This page provides - Gambia Corporate Tax Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Gambia Corporate Tax Rate - values, historical data and charts - was last updated on June of 2023.

Corporate Tax Rate in Gambia is expected to reach 27.00 percent by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the Gambia Corporate Tax Rate is projected to trend around 27.00 percent in 2024, according to our econometric models.

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Gambia Corporate Tax Rate

Related Last Previous Unit Reference
Sales Tax Rate 15.00 15.00 percent Dec 2022
Personal Income Tax Rate 30.00 30.00 percent Dec 2022
Corporate Tax Rate 27.00 27.00 percent Dec 2022

Gambia Corporate Tax Rate
In the Gambia, the corporate income tax rate is paid by companies or partnerships on their turnover or profit. Corporate income tax rate is currently the higher of 31 percent of the taxable profit and 1.5 percent of turnover for the year. However, if for any reason the company accounts are not audited, the corporate tax on turnover should be 2.5 percent and not 1.5 percent.
Actual Previous Highest Lowest Dates Unit Frequency
27.00 27.00 31.00 27.00 2016 - 2022 percent Yearly