New Caledonia Tax Agency Announces Solidarity Contribution Rates

The New Caledonian Department of Tax Services July 6 announced the solidarity contribution (CCS) tax rates on earned income for individual and corporate taxpayers, including self-employed individuals. The CCS rates are: 1) 2 percent for earned income, effective July 1; 2) 1.3 percent for replacement and solidarity income, effective Oct. 1, 2021; 3) 2.6 percent for income from assets, effective Jan. 1, 2022, and 4 percent for income from assets, effective Jan. 1, 2023; and 4) 4 percent for savings and investment products, game products, and securities products, effective July 1. [New Caledonia, Department of Tax Services, 07/06/22]

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