The Ministry of Finance has modified the income tax brackets for the taxable year 2011-12 (i.e. taxable year from 1 October 2011 to 30 September 2012), as follows: -   Corporate income tax: Income (CRC) Rate (%) up to 45,500,000 10 45,500,000 – 91,600,000 20 over 91,600,000 30