South Sudan Finance Act 2021-22 Measures Include General 30% Business Profits Tax Rate
South Sudan reportedly implemented the tax measures of the Finance Act 2021-22 with effect from 18 July 2022. Measures include:
- The monthly personal income tax brackets/rates are maintained as follows, but the rate for a particular bracket is applied as a flat rate instead of the rates being applied progressively:
- up to SSP 2,000 - 0%
- SSP 2,001 to 5,000 - 5%
- SSP 5,001 to 10,000 - 10%
- SSP 10,00…