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taxation

SEPTEMBER QUARTER 2011

• The September quarter 2011 shows that Gross Turnover was $156.8 million for all industries in the Cook Islands. This is an increase of 12.2% when compared to the previous quarter and an increase of 4.8% when compared to September quarter 2010.
  
  
• Total Value Added Tax (VAT) collected on Sales and Income was $16.5 million for the Cook Islands in this quarter. The Wholesale & Retail Trade industry continued to contribute the highest VAT collected on Sales and Income with 35.2%, followed by Hotels & Motels with 21.8%, Transport & Communication 12.9%, Finance & Business Services 7.4% and Mining, Manufacturing & Electricity 7.1%.
  
  
• The total contribution of the other 4 categories increased by 15.6%.
  
  Detailed tables are available here. Or Contact the Office for more information.