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ACLEDA Bank Lao Ltd.

 »  Financial Information  »  Tax Paid Report

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 2016 Total
Salary Tax 1.147 1.084 1.286 1.860 2.153 2.590 11.702
Minimum Tax [1] 287 794 - - - - 1.601
Profit Tax [2] - - 2,337 - - 501 [6] 2.839
Board Meeting Fee Tax 44 32 27 21 16 45 240
Withholding Tax (Loan Overseas) [3] - 357 723 1.253 1.198 1.135 4.666
Value Added Tax [4] 60 4 155 339 159 607 1.323
License Fee [5] - 150 - 67 5 10 242
Signboard Installation Fee 14 25 23 30 28 20 144
Total Paid 1.553 2.446 4.551 3.571 3.559 4.908 22.758
Accumulated Amount 3.728 6.174 10.724 14.295 17.854 22.758  
  1. 2013: According to tax regulations, if a commercial bank paid a profit tax, tax on income does not need to paid.
  2. 2014-2015: The Bank experienced a net loss, and therefore was not required to pay any profits tax.
  3. ACLEDA Bank Lao Ltd. began borrowing funds from lenders in 2012.
  4. ACLEDA Bank Lao Ltd. complied with tax regulations in 2011.
  5. 2011 & 2013: ACLEDA Bank Lao Ltd. established no new offices in these years.
  6. 2016: According to tax regulations, if a commercial bank makes a profit, it must pay profit tax.
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