TAXPAYERS (RESIDENT AND NON-RESIDENT) WITH ASSESSABLE INCOME >$500,000

FOR THE YEARS OF ASSESSMENT 1985 TO 1989 Corporate Individual Gross Tax Gross Tax Payable as a Payable as a percentage of percentage of Year of No. of Gross Tax Assessed No. of Gross Tax Assessed Assessment Taxpayers Payable Income Taxpayers Payable Income 1985 1,293 1,867,174,489 37.3% 325 106,650,786 34.8% 1986 1,024 1,611,261,947 36.7% 283 99,336,174 35.0% 1987 1,072 1,478,834,224 30.4% 234 58,048,038 28.6% 1988 1,306 1,613,817,472 31.8% 333 77,339,063 28.1% 1989 1,711 1,960,551,206 29.9% 289 66,433,402 28.1% Note: For Years of Assessment 1985 to 1988, information is based on the cases processed over a 24-month period. For Year of Assessment 1989, information is based on the cases processed over a 12-month period.