Information about Suriname Minimum wage and taxes.
Suriname is a country located in the north of South America. Information about Suriname's minimum wage and taxes is provided below:
1. Minimum Wage: In Suriname, the minimum wage is determined by law. As of 2021, the gross minimum wage is 2,317 Surinamese dollars per month. Net minimum wage refers to the amount paid per person after taxes and other deductions are made.
2. Taxes: In Suriname, individuals and companies are subject to different tax rates depending on their income. Income tax rates are as follows: - Tax rate
7.5% for income between 0 and 183,000 Surinamese dollars - Tax rate 15% for income between 183,001 - 366,000 Surinamese dollars - Tax rate 25% for income between 366,001 - 732,000 Surinamese dollars - Tax rate for incomes of 732,001 and above is 35% Additionally, the corporate tax rate applied to companies' profits is 36%.
3. Other Taxes: Suriname also has other taxes such as value added tax (VAT) and property tax. The value added tax rate is usually 10%. Property tax is determined depending on the value and use of the real estate. In light of the above information, minimum wage and tax rates in Suriname are subject to certain legal regulations. For up-to-date information, it is recommended that you visit the websites of the official tax and labor departments in Suriname.
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