Solomon Islands: Tax Summary and Statistical Appendix

November 14, 2008

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Solomon Islands: Tax Summary and Statistical Appendix, (USA: International Monetary Fund, 2008) accessed September 18, 2024

Summary

This Tax Summary and Statistical Appendix for the Solomon Islands outlines the summary of various taxes. Residents are taxed on their worldwide income. Nonresidents are taxed on income sourced from the Solomon Islands. Both resident and nonresident investors undertaking commercial, economic, industrial or professional activity in the Solomon Islands may apply to the Commissioner of Inland Revenue for an exemption from income tax. An excise duty is levied on plugs, twist, fig, stick, cake, and coarse cut tobacco, and on beer and cigarettes produced in the Solomon Islands.

Subject: Agroindustries, Banking, Economic sectors, Financial institutions, Imports, Income, Income tax systems, International trade, Loans, National accounts, Taxes

Keywords: Agroindustries, Asia and Pacific, Assessed income, Chargeable income, CR, Exchange rate, Factor cost, Global, Goods tax, Imports, Income, Income tax systems, Interest income, ISCR, Loans, National interest, Net credit, Net profit, Operating income, Tax year, U.S. dollar

Publication Details

Pages:

44
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2008/359
Stock No:

1SLBEA2008002
ISBN:

9781451834413
ISSN:

1934-7685

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