Content Group 5 of Syrian Arab Republic
Country Content
- Consumption Tax: 1.5-40%
- Corporate Income Tax: 10-28% (progressive)
Sources: World Bank, National Sources
Business Taxes
Type of Tax | Tax Rate and Base |
| Corporate Income Tax | - Specific rates: 22% on joint stock and limited liabilty companies; 14% for joint stock enterprises which issue more than 50% of their shares to the public; 15% for insurance companies which issue at least 51% of their shares to the public; 25% to banks and insurance companies - Companies falling outside these categories are taxed at a progressive rate ranging between 10% and 28% |
| Dividends | - 7.5% on dividends issued by a non-resident entity - Dividends issued by Syria-based entities are not taxed on distribution to another company |
| Capital Gains Tax | - Capital gains are treated as taxable income and taxed at the standard corporate tax rate - Gains on real property are subject to a tax rate ranging from 15-30% of the property's registered value |
| Consumption Tax | - Syria has no value added tax, instead certain services and imported luxury goods attract a consumption tax, in a range of 1.5-40% |
| Surtax | - A local administration tax of 4-10%, depending on the region - A temporary reconstruction fee of 5% is imposed on all direct and indirect taxes except payroll tax |
| Stamp Duty | - Ranges between 0.3% and 0.7%; imposed on transactions such as the formation of corporations and the execution of documents |
| Property Tax | - Ranges from 14% to 60%, depending on the type of property |
Sources: World Bank, Fitch Solutions
Date last reviewed: March 14, 2020
Country Title
Taxation – 2020