Highest Income Tax Rate for Each Year from 1991 to 2013

Mr Leong Mun Wai asked the Minister for Finance what was the highest income tax rate for each year from 1991 to 2013.

Mr Lawrence Wong: Mr Leong Mun Wai had asked a similar question on 6 July 2021. MOF had furnished the information and it remains valid.

The information on the highest marginal personal income tax rate for tax-resident individuals and corporate income tax rate from 1991 to 2013 is reproduced in Table 1 and Table 2, respectively.