income tax rate of Nepal

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moderate to high in Nepal

INDIVIDUAL TAXATION
Nonresidents are taxed on their Nepalese-sourced income. Married couples may be taxed jointly or separately.

INCOME TAX
Income earned by nonresidents is taxed at a flat rate of 25%.

RENTAL INCOME
Rental income earned by nonresidents from leasing property is subject to 25% withholding tax.

CAPITAL GAINS
Acquisition costs and related expenses are deductible when calculating taxable capital gains. Capital gains realized from selling real property that are used in business are considered ordinary income and taxed at the standard income tax rate.


CORPORATE TAXATION

INCOME TAX
Income and capital gains earned by corporations are taxed at a flat rate of 25%. Income-generating expenses and operating expenses are deductible when computing for the taxable income.

PROPERTY TAX

Urban House and Land Tax
The urban house and land tax is levied on the value of the property. Depreciation is taken into account, at rates ranging from 0.05% to 1.50% per year, depending on the type of construction of the house. Advertisement