Solomon Islands : Tax Summary and Statistical Appendix

Author/Editor:

International Monetary Fund

Publication Date:

September 17, 2007

Electronic Access:

Free Full text (PDF file size is 320 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This paper presents the Tax Summary for the Solomon Islands. The paper discusses that normal business expenses are deductible against chargeable income. A $7,800 personal exemption applies to both resident and nonresident individuals. This general exemption is subject to apportionment on a pro-rata basis should the individual commence work part way through the year. In addition, the first $5,000 of interest income on deposits made with any savings bank or on fixed deposit accounts with any bank in the Solomon Islands are excluded from chargeable income.

Series:

Country Report No. 07/303

Subject:

English

Publication Date:

September 17, 2007

ISBN/ISSN:

9781451834390/1934-7685

Stock No:

1SLBEA2007001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

45

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