The marginal statutory rates are expressed as a percentage of taxable income and exclusive of surtax (if any). Sub-central tax rates are not included.

• The marginal income tax rate shown in a given column applies to taxable income in the range given by the immediately preceding threshold column (lower band range) and the immediately following threshold column (upper band range).
• The first marginal tax rate shown in the table applies to taxable income up to the threshold amount shown in the immediately following column -- where that rate is 0, a zero band applies.
• The last marginal tax rate shown applies to taxable income in excess of the threshold amount shown in the immediately preceding column.