{"id":140,"date":"2023-08-29T11:01:04","date_gmt":"2023-08-29T11:01:04","guid":{"rendered":"https:\/\/auditorchannels.com\/?p=140"},"modified":"2023-08-30T03:32:42","modified_gmt":"2023-08-30T03:32:42","slug":"specific-business-tax","status":"publish","type":"post","link":"https:\/\/auditorchannels.com\/?p=140","title":{"rendered":"Specific business tax"},"content":{"rendered":"\n<p><strong>Specific business tax (SBT)<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><thead><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Typs of business<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>Tax base<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>Tax rate (including municipal tax)<\/strong><\/td><\/tr><\/thead><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\">Banking and quasibanking<\/td><td class=\"has-text-align-center\" data-align=\"center\">Interest, discounts, fees, FOREX revenue, etc.<\/td><td class=\"has-text-align-center\" data-align=\"center\">3.3%<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Finance, securities and credit foncier<\/td><td class=\"has-text-align-center\" data-align=\"center\">Same as banking<\/td><td class=\"has-text-align-center\" data-align=\"center\">3.3%<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Factoring<\/td><td class=\"has-text-align-center\" data-align=\"center\">Interest, discounts, fees and service charges<\/td><td class=\"has-text-align-center\" data-align=\"center\">3.3%<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Life insurance<\/td><td class=\"has-text-align-center\" data-align=\"center\">Interest, fees and service charge<\/td><td class=\"has-text-align-center\" data-align=\"center\">2.75%<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Pawn broking<\/td><td class=\"has-text-align-center\" data-align=\"center\">Interest, fees and sales of pawned items<\/td><td class=\"has-text-align-center\" data-align=\"center\">2.75%<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Trading in immovable properties<\/td><td class=\"has-text-align-center\" data-align=\"center\">Gross receipts<\/td><td class=\"has-text-align-center\" data-align=\"center\">3.3%<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Sale of securities on the SET<\/td><td class=\"has-text-align-center\" data-align=\"center\">Gross receipts<\/td><td class=\"has-text-align-center\" data-align=\"center\">0.1% (currently exempt)<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><em>Additional types of transaction specified by Royal Decrees may also give rise to SBT obligations, such as transactions under repurchase agreements\u00a0(Repos)<\/em><br><br>1 The rate of 3.3% is reduced to 0.011% for certain banking, quasi-banking, finance, securities and credit foncier business transactions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Specific business tax (SBT) Typs of business Tax base T [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-no-separators","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-140","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/auditorchannels.com\/index.php?rest_route=\/wp\/v2\/posts\/140","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/auditorchannels.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/auditorchannels.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/auditorchannels.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/auditorchannels.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=140"}],"version-history":[{"count":4,"href":"https:\/\/auditorchannels.com\/index.php?rest_route=\/wp\/v2\/posts\/140\/revisions"}],"predecessor-version":[{"id":172,"href":"https:\/\/auditorchannels.com\/index.php?rest_route=\/wp\/v2\/posts\/140\/revisions\/172"}],"wp:attachment":[{"href":"https:\/\/auditorchannels.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=140"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/auditorchannels.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=140"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/auditorchannels.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=140"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}