Swaziland has a progressive personal income tax system with rates ranging from 0% to 30%. There are no local taxes. Corporate income tax is levied at a flat rate of 37.5%, up from 30% in 1990's. There are no capital gains tax, tax on dividends from companies paid to residents, or estate taxes. Swaziland has double taxation treaties with several countries including South Africa. The standard rate for the sales tax was increased from 12% to 14% in 2003, with higher rates for items like alcohol and tobacco. Exempted from sales tax are fresh foodstuffs, drugs, medicines, furniture and building supplies. In 2003, the government was considering replacing the sales tax with a value-added tax (VAT) system.