Personal Income Tax in Brunei Darussalam
Brunei Darussalam's personal income tax system is straightforward, with a flat tax rate of 0% for all income levels. This means that individuals do not pay any personal income tax on their earnings.
Taxable Income Categories
All forms of income earned by individuals in Brunei Darussalam are considered taxable income. This includes:
- Employment income
- Business income
- Investment income
- Rental income
- Pension income
- Other forms of income
Exemptions
There are no specific exemptions from personal income tax in Brunei Darussalam. All income earned by individuals is subject to the flat tax rate of 0%.
Legal Basis
The personal income tax system in Brunei Darussalam is governed by the Income Tax Order, 2000. The Order outlines the tax rates, taxable income categories, and exemptions applicable to individuals.
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