Youtube

Go to The Main Page Add Youtube to favorite!

Tax rates around the world 

Corporate tax in the world
Corporate tax in the world
Individual income tax in the world
Individual income tax in the world
VAT / GST / Sales tax in the world
VAT / GST / Sales tax in the world
Public finance
This article is part of the series:
Finance and Taxation
Taxation
Income tax  ·  Payroll tax
CGT ·  Stamp duty  ·  LVT
Sales tax  ·  VAT  ·  Flat tax
Tax, tariff and trade
Tax haven
Tax incidence
Tax rate  ·   Proportional tax
Progressive tax  ·   Regressive tax
Tax advantage

Economic policy
Monetary policy
Central bank  ·   Money supply
Gold standard
Fiscal policy
Spending  ·   Deficit  ·   Debt
Policy-mix
Trade policy
Tariff  ·   Trade agreement
Finance
Financial market
Financial market participants
Corporate  ·   Personal
Public  ·   Regulation
Banking
Fractional-reserve
Full-reserve  ·   Free banking
Islamic

 view  talk    project

Comparison of Tax Rates around the world is a difficult and somewhat subjective enterprise. Tax laws in most countries are extremely complex, and tax burden falls differently on different groups in each country and sub-national unit. Of course, services provided by governments in return for taxation also vary, making comparisons all the more difficult. For example, in many European nations, government sponsored national health care provision is paid for from taxation, while in other countries health care is normally paid for with private insurance. The lists below give an indication by rank of some raw indicators.

Contents

List of tax rates around the world

This is a list of tax rates around the world. It is focused on three types of taxes: corporate and individual taxes and sales taxes (value added taxes (VAT) / goods and services taxes (GST) / sales). It is not intended to represent the true tax burden to either the corporation or the individual in the listed country.

Country Corporate Individual Payroll tax VAT / GST / Sales
Flag of Algeria Algeria[1] 30%+3% 0-40% 7/14/17%
Flag of Argentina Argentina 35% 9-35% 21%
Flag of Australia Australia[2] 30% 0-45% 10% (GST)
Flag of Austria Austria 25% 21-50% 20% GST
Flag of Azerbaijan Azerbaijan[1] 22% 0-35% 18%
Flag of Bangladesh Bangladesh[1] 0-40% 0-25% 4-15%
Flag of Barbados Barbados[3] 40% 25%-40% 15% (hotel accommodation 7.5%)
Flag of Belarus Belarus[1] 30% 12-30% 10/18%
Flag of Belgium Belgium 33.99% 25-50% 21%
Flag of Brazil Brazil 34% 15-27.5% 31% 17-25%
Flag of Bulgaria Bulgaria 10% 10% 42.7% 20%
Flag of Burundi Burundi[4] 35% 35%
Flag of Cameroon Cameroon[1] 38.5% 10-35% 19.25%
Flag of Canada Canada[5] 29.5-35.5% 15-29% (federal)

4-17.95% (provincial)

5% (GST)

0-10% (provincial sales taxes)

Flag of Chile Chile[6] 17% 0-40% 19%
Flag of the People's Republic of China China 25% 5-45% 17%
Flag of Colombia Colombia[1] 35% 0.29-38.5% 16%
Flag of Croatia Croatia[1] 20% 15-45% 37.2%[7] 22%
Flag of Cuba Cuba[1] 30% 10-50% 12%
Flag of Cyprus Cyprus 10% 20-30% 15%
Flag of the Czech Republic Czech Republic 21% 15% 47.5% 19%
Flag of Denmark Denmark[8] 25% 38-63% 25%
Flag of Egypt Egypt 20% 10-20%
Flag of Estonia Estonia 22% 22% 33.9% 18%
Flag of Finland Finland 26% 9-32% national, 16-21% municipal 22%
Flag of France France 33.33% 10-40% 19.6%/5.5% on certain goods (e.g. food)
Flag of Germany Germany 29.8% (average) 15-45% 19%/7% on certain goods (e.g. food)
Flag of Georgia (country) Georgia[1] 20% 12% 18%
Flag of Gibraltar Gibraltar 33% 17-40%
Flag of Greece Greece 22/25% 0-40% 19%
Flag of Guatemala Guatemala[1] 31% 15-31% 12%
Flag of Guyana Guyana[9] 35%/45% 33⅓% 16%/0%
Flag of Hong Kong Hong Kong[10] 16.5% 0-15%
Flag of Hungary Hungary 16% 18% and 36% 50.5% 20%
Flag of Iceland Iceland[1] 18/26% 0-36.72%[11] 6% 0/14/24.5%
Flag of India India 30-40% 10-30% 12.5%
Flag of Indonesia Indonesia 30% 5-35% 10%
Flag of Ireland Ireland 12.5% 20-41% 16.75% 21%
Flag of Israel Israel 27% 10-47% 15.5%
Flag of Italy Italy 33% 23-43% 20%
Flag of Japan Japan 30% 5-40% 5% (consumption)
Flag of Jordan Jordan[1] 15/25/35% 5-30% 16% GST
Flag of South Korea South Korea[1] 13/25% 9%-21.375% + 36% excess 10%
Flag of Latvia Latvia 15% 25% 33% 18%
Flag of Lebanon Lebanon[1] 15/4-21% 2-20% 10%
Flag of Lithuania Lithuania 15% 15%/27% 34% 18%
Flag of Luxembourg Luxembourg 29.63% 6-38.95% 15%
Flag of Malaysia Malaysia[1] 28% 0-28% 5% GTS
Flag of Malta Malta 35% 0-35% 18%
Flag of Mexico Mexico 29% 3-29% 15%
Flag of Monaco Monaco 33.33% 0% 19.6%
Flag of Montenegro Montenegro 9% 15% 17%
Flag of Morocco Morocco 35% 0-41.5% 20%
Flag of Nepal Nepal N/A 10% to 25%[12] 13%[13]
Flag of the Netherlands Netherlands 29.6% 0-52% 19%
Flag of New Zealand New Zealand 30% 0-39% 12.5% GST
Flag of Norway Norway 28% 0-47.8% 25%
Flag of Pakistan Pakistan 35% 7.5-35% 15%
Flag of Panama Panama[1] 30% 0-27% 0/5%
Flag of Peru Peru[1] 27% 15-27% 2/19%
Flag of the Philippines Philippines 35% 5-32% 0 ; 7 ; 12% (in some cases, foreign investors are zero-rated)
Flag of Poland Poland 19% 19-40% 41.11% 22%, 7% (reduced rate on certain goods)
Flag of Portugal Portugal 27.5% 10.5-40% 21%
Flag of Romania Romania 16% 16% 45.15% 19%
Flag of Russia Russia 24% 13% 18%, 10% and 0% (reduced rates are for certain goods)
Flag of Saudi Arabia Saudi Arabia[14] 20%-85%
11% Social security
Residents 2.5% Zakat
Non-residents 20%
Flag of Senegal Senegal[1] 33% up to 50% 20%
Flag of Serbia Serbia 10% 10/14% 35.8%[15] 18%
Flag of Singapore Singapore 18% 3.5%-20% 7%
Flag of Slovakia Slovakia 19% 19% 19%
Flag of Slovenia Slovenia 22% 16-41% 20%
Flag of South Africa South Africa 28%[16] 18-40% 14%
Flag of Spain Spain 25-30% 0-42% 16%
Flag of Sweden Sweden 28%[17] 0-59.09% [18][19] 25%. 12% and 6% for some goods. [20]
Flag of Switzerland Switzerland[1] 13-25% 0-13.2% (federal) 3.6/2.4/7.6%
Flag of Syria Syria[1] 10-45% 5-15% Debuts in 2008
Flag of the Republic of China Republic of China 25% 6-40% 5%
Flag of Thailand Thailand 30% 5-37% 7%
Flag of Tunisia Tunisia[1] 30% 0-35% 6/12/18%
Flag of Turkey Turkey 20% 15-35% 18%
Flag of Ukraine Ukraine[1] 25% 13%[21] 20%
Flag of the United Arab Emirates United Arab Emirates[1] 0% 0% 0%
Flag of the United Kingdom United Kingdom [22] 21-28% 0,20,40% 23.8% (National Insurance) 17.5%
Flag of the United States United States[23][24][25][26][27] 15-39% (federal income)
0-12% (state income)
0-35% (federal income)
0-10.3% (state income)
15.3%(federal payroll) 0-10.25% (state and local sales tax)
Flag of Uruguay Uruguay[1] 30%  ?-24.125% 23%
Flag of Uzbekistan Uzbekistan[1] 12% 13-30% 10-20%
Flag of Venezuela Venezuela[1] 15/22/34% 6-34% 8-10%/9%
Flag of Vietnam Vietnam 28% 0-40% 10%
Flag of Zambia Zambia 35% 10-30% 17.5%

See also

Notes

  1. ^ a b c d e f g h i j k l m n o p q r s t u v w x y z FITA
  2. ^ International Tax and Business Guides - Economic Data - Statistics - Tax - EIU - The Economist - Foreign Investment - Deloitte Touche Tohmatsu
  3. ^ Income Tax and Fiscal Incentives
  4. ^ Index of Economic Freedom
  5. ^ Income tax rates from Canada Revenue official site [1]; Quebec has a separate income tax system: [2]. Both accessed March 31, 2008.
  6. ^ Servicio de Impuestos Internos
  7. ^ http://www.nationsencyclopedia.com/Europe/Croatia-TAXATION
  8. ^ Ministeriet for Videnskab, Teknologi og Udvikling
  9. ^ Ram & McRae's Investors Information Package
  10. ^ 2008-09 Budget - Tax Concessions
  11. ^ Invest in Iceland Agency - Taxation in Iceland
  12. ^ UN salaries, tax - Nepali Times
  13. ^ eKantipur.com
  14. ^ International Tax and Business Guides - Economic Data - Statistics - Tax - EIU - The Economist - Foreign Investment - Deloitte Touche Tohmatsu
  15. ^ http://www.siepa.sr.gov.yu/site/en/home/1/investing_in_serbia/competitive_taxes/social_insurance_contributions/
  16. ^ South Africa budget
  17. ^ Belopp och procent - inkomstår 2008/taxeringsår 2009 | Skatteverket
  18. ^ Högsta och lägsta kommunalskatten 2008 - Statistik från SCB
  19. ^ Belopp och procent - inkomstår 2008/taxeringsår 2009 | Skatteverket
  20. ^ VAT rates Sweden - Skatteverket
  21. ^ Hoover: The Flat Tax Spreads to Ukraine
  22. ^ HM Revenue & Customs Budget 2008 Press Notice PN02
  23. ^ U.S. Federal Individual Income Tax Rates History, 1913-2008, Tax Foundation, January 7, 2008
  24. ^ State Corporate Income Tax Rates, Tax Foundation, January 26, 2007
  25. ^ State Individual Income Tax Rates, 2007, Tax Foundation, February 3, 2008
  26. ^ State and Local Sales and Use Taxes and Internet Commerce, CRS Report for Congress, Steven Maguire, January 28, 2005
  27. ^ [3], Chicago Cook County Board Approves 1% Sales Tax Hike, March 1, 2008,

External link

Could not update stat
UP