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Tax Rates - 2003

Tax Rates for Basis Year 2003 

TAX RATES

        Chargeable Income  (Lm)

    From                                   To                                       Rate                                        Subtract (Lm)

Single Rates
                0                   3100                      0%                         0
              3,101                   4,100                      15%                        465
              4,101                   5,000                      20%                        670
              5,001                   6,000                      25%                        920
              6,001                   6,750                      30%                      1,220
              6,751                   and over                      35%                      1,557.5
Married Rates
                0                   4,300                      0%                         0
              4,301                   6,000                      15%                        645
              6,001                   7,250                      20%                        945
              7,251                   8,500                      25%                      1307.5
              8,501                  10,000                      30%                      1732.5
10,001 and over 35% 2232.5