Social security contributions
Nominal social security and Employees Old Age Benefit contribution is collected from the employers and the employees. Employers are responsible to collect and pay on a monthly basis.
Value-added tax (VAT)
VAT (locally termed as ‘sales tax’) is ordinarily levied at 17% on the value of goods, unless specifically exempt, alter allowing related input credits. Provinces levy sales tax on certain services. See the Other taxes section in the Corporate summary for more information.
Property owners are required to pay property tax levied and collected by provincial governments through municipal governments at varying rates.
Stamp duty is a provincial levy and is collected on property registrations, property transfers, shares transfers, power of attorneys, etc.
Registration tax is a provincial tax and payable mainly on registration of property and vehicles.