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Tax Paid Report
In the interests of fiscal transparency, we are pleased to publish our consolidated tax paid report of ACLEDA Bank Lao Ltd. in the table below:
|Amount in LAK million||2011||2012||2013||2014||2015||Total 6|
|Salary Tax||1,147||1,084||1,286||1,860 ||2,153||9,116|
|Minimum Tax ||287||794||-||-||-||1,601|
|Profit Tax ||-||-||2,337||-||-||2,337|
|Board Meeting Fee Tax||44||32||27||21||16||196|
|Withholding Tax (Loan Overseas) ||-||357||723||1,253||1,198||3,532|
|Value Added Tax ||60||4||155||339||159||716|
|License Fee ||-||150||-||67||5||232|
|Signboard Installation Fee||14||25||23||30||28||124|
- Salary Tax include management salary tax.
- 2013: According to tax regulations, if a commercial bank paid a profit tax, tax on income does not need to paid.
2014-2015: According to tax regulations, if a commercial bank records a net loss, there is no obligation to pay any tax on income and profits.
- 2014-2015: The Bank experienced a net loss, and therefore was not required to pay any profits tax.
- ACLEDA Bank Lao Ltd. began borrowing funds from lenders in 2012.
- ACLEDA Bank Lao Ltd. complied with tax regulations in 2011.
- 2011 & 2013: ACLEDA Bank Lao Ltd. established no new offices in these years.