Paying taxes: Total tax and contribution rate (% of profit) for Nepal

Indicator Definition:
The total tax and contribution rate measures the amount of taxes and mandatory contributions borne by the business in the second year of operation, expressed as a share of commercial pro?t. The total amount of taxes and contributions borne is the sum of all the different taxes and contributions payable after accounting for allowable deductions and exemptions. The taxes withheld (such as personal income tax) or collected by the company and remitted to the tax authorities (such as VAT, sales tax or goods and service tax) but not borne by the company are excluded.

The indicator "Paying taxes: Total tax and contribution rate (% of profit)" stands at 41.80 as of 12/31/2019, the highest value at least since 12/31/2006, the period currently displayed.
Regarding the One-Year-Change of the series, the current value constitutes an increase of 12.97 percent compared to the value the year prior.
The 1 year change in percent is 12.97.
The 3 year change in percent is 39.80.
The 5 year change in percent is 39.80.
The 10 year change in percent is 28.62.

The Serie's long term average value is 32.50. It's latest available value, on 12/31/2019, is 28.62 percent higher, compared to it's long term average value.
The Serie's change in percent from it's minimum value, on 12/31/2013, to it's latest available value, on 12/31/2019, is +39.80%.
The Serie's change in percent from it's maximum value, on 12/31/2019, to it's latest available value, on 12/31/2019, is 0.0%.