The ordinary corporate tax is 35%, with a reduced rate of 20% for agricultural and forestry enterprises. Various corporate tax exemptions and reductions, and exemptions from real estate taxes on land and buildings are offered by the government as investment incentives.
Income tax for individuals ranges from 1-40% for employees, and 3-60% for self-employed professionals. Also levied are inheritance and gift taxes, and a payroll tax for social security.
The main indirect tax is a manufacturer's sales tax with rates ranging from 5% to 50% on 100 listed products.