marianasliving.com
CNMI Income Taxes | Marianas Living
http://www.marianasliving.com/saipan-taxes/cnmi-income-taxes
Apartments & Condos. Why Live in Saipan? Why Invest in Saipan? Commercial Building for Sale. The income tax law in the CNMI is based on the Internal Revenue Code. Income, deductions, gains and losses are determined in the same manner as they are in the United States. The CNMI does recognize partnerships, S corporations and LLCs. There is a rebate of income tax as follows:. Income Earned From zero to $20,000 = 90% tax rebate. Income Earned From $20,000.01 to $100,000 = 70% tax rebate. As a practical matte...
marianasliving.com
CNMI Business Taxes | Marianas Living
http://www.marianasliving.com/saipan-taxes/cnmi-business-taxes
Apartments & Condos. Why Live in Saipan? Why Invest in Saipan? Commercial Building for Sale. This is the most important tax in the CNMI. It is assessed on your CNMI sourced revenues, not on profits. The rates are as follows:. Annual Revenue Tax Rebate. From zero to $5,000? From $5,000.01 to $50,000? From $50,000.01 to $100,000? From $100,000.01 to $250,000? From $250,000.01 to $500,000? From $500,000.01 to $750,000? The BGRT form is available online at www.dof.gov.mp . It is Form OS-3105. The tax is asse...