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NA reverses course, sets CIT at 22%

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The Corporate Income Tax rate took a turn in the National Assembly today. During the final endorsement, the House unanimously supported the government’s proposal to set the CIT rate at 22 per cent. This marked a reversal from yesterday’s decision. The members yesterday narrowly voted in favour of the Economic and Finance Committee’s recommendation to reduce the rate to 20 per cent, with 22 members backing the lower rate and 21 supporting the government’s proposal.

Samten Dolkar

Edited by Sangay Chezom

𝗡𝗔 𝗿𝗲𝘃𝗲𝗿𝘀𝗲𝘀 𝗰𝗼𝘂𝗿𝘀𝗲, 𝘀𝗲𝘁𝘀 𝗖𝗜𝗧 𝗮𝘁 𝟮𝟮%The Corporate Income Tax rate took a turn in the National Assembly today. During the final endorsement, the House unanimously supported the government’s proposal to set the CIT rate at 22 per cent. This marked a reversal from yesterday’s decision. The members yesterday narrowly voted in favour of the Economic and Finance Committee’s recommendation to reduce the rate to 20 per cent, with 22 members backing the lower rate and 21 supporting the government’s proposal.#thimphu #bbs #news #asia #druk #media #bhutan #bhutanese

Posted by BBS on Wednesday, June 18, 2025

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