paragraph_text: Montana's personal income tax contains 7 brackets, with rates ranging from 1 percent to 6.9 percent. Montana has no sales tax. In Montana, household goods are exempt from property taxes. However, property taxes are assessed on livestock, farm machinery, heavy equipment, automobiles, trucks, and business equipment. The amount of property tax owed is not determined solely by the property's value. The property's value is multiplied by a tax rate, set by the Montana Legislature, to determine its taxable value. The taxable value is then multiplied by the mill levy established by various taxing jurisdictions—city and county government, school districts and others.

paragraph_text: On July 4, 2006, the government approved Law Number 117, The 2006 Contributive Justice Law, establishing a tax with a 5.5% rate at state level and an optional 1.5% rate at municipal level. The tax went into effect on November 15, 2006. The tax is better known as the Sales and Use Tax '(Impuesto sobre Ventas y Uso), often referred to by its Spanish acronym ``IVU ''. The law amended Article B of the Code and created subarticle BB. On July 29, 2007, the government approved Law Number 80, making the tax mandatory for all municipalities of the island. Also, the tax rates changed to 6% at the state level and 1% at the municipal level.

paragraph_text: The Taxing and Spending Clause (which contains provisions known as the General Welfare Clause) and the Uniformity Clause, Article I, Section 8, Clause 1 of the United States Constitution, grants the federal government of the United States its power of taxation. While authorizing Congress to levy taxes, this clause permits the levying of taxes for two purposes only: to pay the debts of the United States, and to provide for the common defense and general welfare of the United States. Taken together, these purposes have traditionally been held to imply and to constitute the federal government's taxing and spending power.

paragraph_text: Major reductions in the cost of lighting occurred with the discovery of whale oil and kerosene. Gas lighting was economical enough to power street lights in major cities starting in the early 1800s, and was also used in some commercial buildings and in the homes of wealthy people. The gas mantle boosted the luminosity of utility lighting and of kerosene lanterns. The next major drop in price came about with the incandescent light bulb powered by electricity.

paragraph_text: In the early 1980s, rapidly rising oil revenues enabled the government to finance large-scale development projects with GDP growth averaging 5% annually, one of the highest rates in Africa. The government has mortgaged a substantial portion of its petroleum earnings, contributing to a shortage of revenues. January 12, 1994 devaluation of Franc Zone currencies by 50% resulted in inflation of 46% in 1994, but inflation has subsided since.

paragraph_text: In the United States of America, individuals and corporations pay U.S. federal income tax on the net total of all their capital gains. The tax rate depends on both the investor's tax bracket and the amount of time the investment was held. Short - term capital gains are taxed at the investor's ordinary income tax rate and are defined as investments held for a year or less before being sold. Long - term capital gains, on dispositions of assets held for more than one year, are taxed at a lower rate.

paragraph_text: Since re-establishing independence, Estonia has styled itself as the gateway between East and West and aggressively pursued economic reform and integration with the West. Estonia's market reforms put it among the economic leaders in the former COMECON area.[citation needed] In 1994, based on the economic theories of Milton Friedman, Estonia became one of the first countries to adopt a flat tax, with a uniform rate of 26% regardless of personal income. In January 2005, the personal income tax rate was reduced to 24%. Another reduction to 23% followed in January 2006. The income tax rate was decreased to 21% by January 2008. The Government of Estonia finalised the design of Estonian euro coins in late 2004, and adopted the euro as the country's currency on 1 January 2011, later than planned due to continued high inflation. A Land Value Tax is levied which is used to fund local municipalities. It is a state level tax, however 100% of the revenue is used to fund Local Councils. The rate is set by the Local Council within the limits of 0.1–2.5%. It is one of the most important sources of funding for municipalities. The Land Value Tax is levied on the value of the land only with improvements and buildings not considered. Very few exemptions are considered on the land value tax and even public institutions are subject to the tax. The tax has contributed to a high rate (~90%) of owner-occupied residences within Estonia, compared to a rate of 67.4% in the United States.

paragraph_text: The state is divided into 77 counties that govern locally, each headed by a three-member council of elected commissioners, a tax assessor, clerk, court clerk, treasurer, and sheriff. While each municipality operates as a separate and independent local government with executive, legislative and judicial power, county governments maintain jurisdiction over both incorporated cities and non-incorporated areas within their boundaries, but have executive power but no legislative or judicial power. Both county and municipal governments collect taxes, employ a separate police force, hold elections, and operate emergency response services within their jurisdiction. Other local government units include school districts, technology center districts, community college districts, rural fire departments, rural water districts, and other special use districts.

paragraph_text: Railways now bypass the three major falls, and much of the trade of Central Africa passes along the river, including copper, palm oil (as kernels), sugar, coffee, and cotton. The river is also potentially valuable for hydroelectric power, and the Inga Dams below Pool Malebo are first to exploit the Congo river.

paragraph_text: Benghazi continues to hold institutions and organizations normally associated with a national capital city, such as the country's parliament, national library, and the headquarters of Libyan Airlines, the national airline, and of the National Oil Corporation. This creates a constant atmosphere of rivalry and sensitivities between Benghazi and Tripoli, and between Cyrenaica and Tripolitania. The population was 670,797 at the 2006 census.On 15 February 2011,  an uprising against the government of Muammar Gaddafi occurred in the city. The revolts spread by 17 February to Bayda, Tobruk, Ajdabya, Al Marj in the East and Zintan, Zawiya in the West, calling for the end of the Gaddafi Regime. Benghazi was taken by Gaddafi opponents on 21 February, who founded the National Transitional Council. On 19 March, the city was the site of the turning point of the Libyan Civil War, when the Libyan Army attempted to score a decisive victory against the NTC by attacking Benghazi, but was forced back by local resistance and intervention from the French Air Force authorized by UNSC Resolution 1973 to protect civilians, allowing the rebellion to continue.

paragraph_text: Gaddafi sought to develop closer links in the Maghreb; in January 1974 Libya and Tunisia announced a political union, the Arab Islamic Republic. Although advocated by Gaddafi and Tunisian President Habib Bourguiba, the move was deeply unpopular in Tunisia and soon abandoned. Retaliating, Gaddafi sponsored anti-government militants in Tunisia into the 1980s. Turning his attention to Algeria, in 1975 Libya signed the Hassi Messaoud defence agreement allegedly to counter "Moroccan expansionism", also funding the Polisario Front of Western Sahara in their independence struggle against Morocco. Seeking to diversify Libya's economy, Gaddafi's government began purchasing shares in major European corporations like Fiat as well as buying real estate in Malta and Italy, which would become a valuable source of income during the 1980s oil slump.

paragraph_text: After the 1969 coup, representatives of the Four Powers – France, the United Kingdom, the United States and the Soviet Union – were called to meet RCC representatives. The U.K. and U.S. quickly extended diplomatic recognition, hoping to secure the position of their military bases in Libya and fearing further instability. Hoping to ingratiate themselves with Gaddafi, in 1970 the U.S. informed him of at least one planned counter-coup. Such attempts to form a working relationship with the RCC failed; Gaddafi was determined to reassert national sovereignty and expunge what he described as foreign colonial and imperialist influences. His administration insisted that the U.S. and U.K. remove their military bases from Libya, with Gaddafi proclaiming that "the armed forces which rose to express the people's revolution [will not] tolerate living in their shacks while the bases of imperialism exist in Libyan territory." The British left in March and the Americans in June 1970.

paragraph_text: Originally introduced as a classical tax system, in which companies were subject to tax on their profits and companies' shareholders were also liable to income tax on the dividends that they received, the first major amendment to corporation tax saw it move to a dividend imputation system in 1973, under which an individual receiving a dividend became entitled to an income tax credit representing the corporation tax already paid by the company paying the dividend. The classical system was reintroduced in 1999, with the abolition of advance corporation tax and of repayable dividend tax credits. Another change saw the single main rate of tax split into three. Tax competition between jurisdictions reduced the main corporate tax rate from 28% in 2008 - 2010 to a flat rate of 20% as of April 2015.

paragraph_text: The US federal government imposed the first personal income tax, on August 5, 1861, to help pay for its war effort in the American Civil War - (3% of all incomes over US $800) (equivalent to $21,800 in 2017). This tax was repealed and replaced by another income tax in 1862. It was only in 1894 that the first peacetime income tax was passed through the Wilson - Gorman tariff. The rate was 2% on income over $4000 (equivalent to $113,000 in 2017), which meant fewer than 10% of households would pay any. The purpose of the income tax was to make up for revenue that would be lost by tariff reductions. The US Supreme Court ruled the income tax unconstitutional, the 10th amendment forbidding any powers not expressed in the US Constitution, and there being no power to impose any other than a direct tax by apportionment.

paragraph_text: In total energy consumption, the U.S. was between 86% and 91% self - sufficient in 2016. In May 2011, the country became a net exporter of refined petroleum products. As of 2014, the United States was the world's third - largest producer of crude oil, after Saudi Arabia and Russia. and second largest exporter of refined products, after Russia.

paragraph_text: Having removed the monarchical government, Gaddafi proclaimed the foundation of the Libyan Arab Republic. Addressing the populace by radio, he proclaimed an end to the "reactionary and corrupt" regime, "the stench of which has sickened and horrified us all." Due to the coup's bloodless nature, it was initially labelled the "White Revolution", although was later renamed the "One September Revolution" after the date on which it occurred. Gaddafi insisted that the Free Officers' coup represented a revolution, marking the start of widespread change in the socio-economic and political nature of Libya. He proclaimed that the revolution meant "freedom, socialism, and unity", and over the coming years implemented measures to achieve this.

paragraph_text: Goods and Services Tax (GST) is an indirect tax levied in India on the sale of goods and services. Goods and services are divided into five tax slabs for collection of tax - 0%, 5%, 12%, 18% and 28%. Petroleum products and alcoholic drinks are taxed separately by the individual state governments. There is a special rate of 0.25% on rough precious and semi-precious stones and 3% on gold. In addition a cess of 22% or other rates on top of 28% GST applies on few items like aerated drinks, luxury cars and tobacco products.

paragraph_text: A government budget is an annual financial statement presenting the government's proposed revenues and spending for a financial year that is often passed by the legislature, approved by the chief executive or president and presented by the Finance Minister to the nation. The budget is also known as the Annual Financial Statement of the country. This document estimates the anticipated government revenues and government expenditures for the ensuing (current) financial year. For example, only certain types of revenue may be imposed and collected. Property tax is frequently the basis for municipal and county revenues, while sales tax and / or income tax are the basis for state revenues, and income tax and corporate tax are the basis for national revenues.

paragraph_text: In Ireland there is an income tax, a value added tax (VAT), and various other taxes. Employees pay pay - as - you - earn (PAYE) taxes based on their income, less certain allowances. The taxation of earnings is progressive, with little or no income tax paid by low earners and a high rate applied to middle to top earners, the top marginal rate of tax (including USC and PRSI) is 52%. However a large proportion of central government tax revenue is also derived from VAT, excise duties and other taxes on consumption. The standard rate of corporation tax is among the lowest in the world at 12.5%.

paragraph_text: In Canada, the small business tax rate is the tax rate paid by a small business. As of 2016, the small business tax rate is 10.5%.

Question: What is the corporation tax rate in the country that, along with the nation that produces most of its own oil, recognized Gaddafi's government at an early date?
Answer: 20%