Barriers and Opportunities for Enhancing Capital Flows
In the COMCEC Member Countries
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scores for corporate tax burden should be an average of the
two regimes.
*2. The top marginal personal income tax rate
 Very low: if less than 35%
 Low: if between 35% and 40%
 Moderate: if between 41% and 49%
 High: if between 50% and 55%
 Very high: if more than 55%
*3. Value-added tax
 Very low: if VAT rate less than 10%
 Low: if tax rate between 10% and 15%
 Moderate: if tax rate between 15.1% and 20%
 High: if top rate between 20.1% and 24%
 Very high: if top rate more than 24%
*4. Employers’ compulsory social security contributions
 Very low: if less than 7%
 Low: if between 7% and 14%
 Moderate: if between 14.1% and 22%
 High: if between 22.1% and 30%
 Very high: if more than 30%
5. Assess the degree to which the fiscal regime encourages
new investment
 Very high  High  Moderate  Low 
Very low
6. Assess the consistency and fairness of the tax system
 Very high  High  Moderate  Low 
Very low
7. Assess the complexity of the tax system
 Very simple  Simple  Moderately
complicated  Complicated  Very complicated
Consider the number of taxes that have to be paid and the
time taken to process tax payments. Word Bank Doing
Business for historic data and business surveys.