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The law of Bhutan originates in the semi-theocratic Tsa Yig legal code, and was heavily influenced through the twentieth century by English common law. [1] As Bhutan democratizes, its government has examined many countries' legal systems and modeled its reforms after their laws. [2] The supreme law of Bhutan is the Constitution of 2008.
Bhutan has regulated corporations since 1989, most recently under the Companies Act of 2000. [5] These regulations include taxation of corporate income. [ 5 ] : pp. 112–3, 120–1 As of 2011, Bhutan's Corporate Income Tax rate was 30 percent on net profits; in addition, the Business Income Tax was another 30 percent on net profits.
The Ministry of Home and Cultural Affairs (Dzongkha: ནང་སྲིད་ལྷན་ཁག་; Wylie: nang-srid lhan-khag; "Nangsi Lhenkhag") renamed as Ministry of Home Affairs [1] is the government ministry within the Lhengye Zhungtshog (Council of Ministers) which oversees law and order; the civil administration; immigration services; the issuance of citizenship documents, and other ...
Most property taxes charge for both the value of the land and the value of any buildings or other improvements on the land. Carucage was a tax on land levied in Medieval England. The tax was only collected when the government required extra revenue and was never levied regularly. Council Tax is a tax in the United Kingdom on houses.
Ministry of Economic Affairs (Dzongkha: བཟོ་གྲྭ་ཚོང་འབྲེལ་དང་ལཱ་གཡོག་ལྷན་ཁག།; Wylie: bzo grwa tshong 'brel dang lཱ gyog lhan khag) renamed the Ministry of Industry, Commerce and Employment (MoICE) is ministry of Bhutan responsible for proper management of economy, productive employment and promotion of private sectors in ...
The Local Government Act of 2009 establishes local governments in each of the twenty Dzongkhags, each overseen ultimately by the Ministry of Home and Cultural Affairs. [nb 2] The Act tasks all local governments with a variety of objectives, including promoting Gross National Happiness; providing democratic and accountable government; preserving culture and tradition; promoting development ...
Ministry of Works and Human Settlement (Dzongkha: གཞི་རྟེན་མཁོ་ཆས་དང་སྐྱེལ་འདྲེན་་ལྷན་ཁག།; Wylie: gzhi rten mkho chas dang skyel 'dren lhan khag) renamed the Ministry of Infrastructure and Transport [1] is a ministry of Bhutan responsible for quality and sustainable infrastructure, efficient transportation services ...
Ministry of Agriculture and Forests (Dzongkha: སོ་ནམ་དང་སྒོ་ནོར་ལྷན་ཁག། Wylie: so nam dang sgo nor lhan khag) renamed as Ministry of Agriculture and Livestock (MOAL) is the ministry of Bhutan responsible to ensure sustainable social and economic well-being of the Bhutanese people through adequate access to food and natural resources.