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Trade discounts are given to try to increase the volume of sales being made by the supplier. The discount described as trade rate discount is sometimes called "trade discount". Trade discount is the discount allowed on retail price of a product or something. for e.g. Retail price of a cream is 25 and trade discount is 2% on 25.
20%***. * This rate was reduced one-half percentage point for 2001 and one-half percentage point for 2002 and beyond. ** There was a two percentage point reduction for capital gains from certain assets held for more than five years, resulting in 8% and 18% rates. *** The gain may also be subject to the 3.8% Medicare tax.
15% ( +10% in profits exceeding BR$ 20.000 + 9% Social Contribution Tax or 15% for financial institutions, insurance and capitalisation companies ) 0% [50] 47.5% (27.5% income tax rate applied to annual income exceeding BR$55,976.15 [51] + 20% top social security tax rate for self-employed workers [52] )
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0% on undistributed profits. 20% CIT on distributed profit. 14% on regular distribution. 57.8% (20% income tax + 2.4% of unemployment insurance tax, 0.8% paid by employer, 1.6% paid by employee and 33% social security which is paid before gross wage by employer), around 57,8% in total 20% (reduced rate 9%) Finland: 20%
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