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How is individual income tax (IIT) calculated in Asia?
Q&AIn Asian countries individuals are taxed according their salary. Therefore those with a higher salary will have to pay higher taxes. However, rates vary in different Asian countries and could be anywhere between 17 and 45%.
Exceptions of this are Brunei which does not have any individual income tax (IIT) and Cambodia where the rate is fixed at 20% no matter how high or low your income is.
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