Used Prompt
chad crypto tax
Summary Content
Chad
Key Points
- Individuals residing in Chad are subject to worldwide income tax.
- Non-resident individuals are taxed on income from activities within Chad.
- Taxable income includes work and capital incomes.
Detailed Summary
- Work Incomes include salaries, wages, and other benefits, which are taxed at progressive rates up to 30%.
- Capital Incomes include capital gains, dividends, and rental income, which are taxed at proportional rates ranging from 5% to 20%.
- Taxation is calculated based on the total annual income of the taxpayer.
- Certain categories of income may be subject to withholding taxes throughout the year.
Conclusions
- Chad's tax system imposes graduated income tax rates for work income.
- Capital income is taxed at fixed proportional rates.
- Tax liability is determined based on the taxpayer's worldwide income or income from activities within Chad for non-residents.
Created at: 1/12/2025, 5:39:33 PM