Tax rates around the world 

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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. The lists below give an indication by rank of some raw indicators.

Contents

Graphs

Corporate tax in the world. The colors represent the maximum possible tax rate in each country. Some countries also have a variety of lower rates.
Individual income tax in the world. The colors represent the maximum possible tax rate in each country. Some countries also have a variety of lower rates.
VAT / GST / Sales tax in the world. The colors represent the maximum possible tax rate in each country. Some countries also have a variety of lower rates.
Income Tax rates by Country based on OECD 2005 data.1

List

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 Primary tax articles
 Algeria2 30%+3% 0-40% 7/14/17%
 Argentina 35% 9-35% 21%
 Australia3 30% 0-45% 10% (GST)
 Austria 25% 21-50% 20% (GST)
 Azerbaijan2 22% 0-35% 18%
 Bangladesh2 0-40% 0-25% 4-15%
 Barbados4 40% 25%-40% 15% (hotel accommodation 7.5%)
 Belarus2 24% 12-30% 35% 10/18%
 Belgium 33.99% 25-50% 21%
 Brazil 12-34% 0-27.5% 41% 36%-48%(brazilian products)
52-60% (imported products)
Template:Country data Tarafina 40% 20-38% 0.00% 0.00%
 Burundi5 35% 35% N/A
 Cameroon2 38.5% 10-35% 19.25%
 Canada6 29.5-35.5% 15-29% (federal)

4-17.95% (provincial)

 4.95% (CPP) 5% (GST)

0-10% (provincial sales taxes)
 Chile7 17% 0-40% 19%
 China 25% 5-45% 17%
 Colombia2 35% 0.29-38.5% 16%
 Croatia2 20% 15-45% 37.2%8 22%
 Cuba2 30% 10-50% 12%
 Cyprus 10% 20-30% 15%
 Czech Republic 21% 15% 47.5% 19%
 Denmark9 25% 0-59% 25%
 Egypt 20% 10-20% N/A
 El Salvador 25% 0-25% 13%
 Estonia 22% 22% 33.9% 18%
 Finland 26% 9-32% national, 16-21% municipal 22%
17% (food and fodder)
8% (e.g. accommodation and culture)
 France 33.33% 10-50% 45% 19.6%/5.5% on certain goods (e.g. food)
 Germany 29.8% (average) 0-45% 19%/7% on certain goods (e.g. food)
 Georgia2 20% 12% 18%
 Gibraltar 33% 17-40% N/A
 Greece 22/25% 0-40% 19%
 Guatemala2 31% 15-31% 12%
 Guyana10 35%/45% 33⅓% 16%/0%
 Hong Kong11 16.5% 0-15% N/A
 Hungary 16% 18% and 36% 50.5% 20%
 Iceland2 18/26% 0-36.72%12 6% 0/14/24.5%
 India 30-40% 10-30% 12.5%
 Indonesia 30% 5-35% 10%
 Iran 25% 0-35% 0%
 Ireland 12.5% 20-41% 16.75% 21%
 Israel 27% 10-47% 15.5%
 Italy 33% 23-43% 20%
 Japan 30% 5-40% 5% (consumption)
 Jordan2 15/25/35% 5-30% 16% (GST)
 South Korea2 13/25% 9%-21.375% + 36% excess 10%
 Latvia 15% 25% 33% 18%
 Lebanon2 15/4-21% 2-20% 10%
 Lithuania 15% 15%/24% 34% 18%
 Luxembourg 29.63% 6-38.95% 15%
 Malaysia2 28% 0-28% 5% GTS
 Malta 35% 0-35% 18%
 Mexico 29% 3-29% 15%
 Monaco 33.33% 0% 19.6%
 Montenegro 9% 15% 17%
 Morocco 35% 0-41.5% 20%
 Nepal N/A 10% to 25%13 13%14
 Netherlands 25.5% 0-52% 19% (6% for essential and selected goods)
 New Zealand 30% 0-39% 12.5% (GST)
 Norway 28% 0-47.8% 14% 25% 14% for some goods
 Pakistan 35% 7.5-35% 16%
 Panama2 30% 0-27% 0/5%
 Peru2 27% 15-27% 2/19%
 Philippines 35% 5-32% 0 ; 7 ; 12%

(in some cases, foreign investors are zero-rated)
 Poland 19% 19-40% 41.11% 22%, 7% (reduced rate on certain goods)
 Portugal 27.5% 10.5-40% 20%

(reduced rates on certain goods -- 5% or 12%)
 Romania 16% 16% 45.15% 19%
 Russia 24% 13% 18%, 10% and 0%

(reduced rates are for certain goods)
 Saudi Arabia15 20%-85%
11% Social security		 Residents 2.5% Zakat
Non-residents 20%		 N/A
 Senegal2 33% up to 50% 20%
 Serbia 10% 10/14% 35.8%16 18%
 Singapore 18% 3.5%-20% 30% mandatory contribution into a comprehensive savings plan 7% (GST)
 Slovakia 19% 19% 19%
 Slovenia 22% 16-41% 20%
 South Africa 28%17 18-40% 14%
 Spain 25-30% 0-42% 16%
 Sweden 28%18 28.89%-59.09%1920 32.42%21 25%. 12% and 6% for some goods.22
 Switzerland2 13-25% 0-13.2% (federal) 3.6/2.4/7.6%
 Syria2 10-45% 5-15% Debuts in 2008
 Republic of China 25% 6-40% 5%
 Tanzania 30% 15%-30%
 Thailand 30% 5-37% 7%
 Tunisia2 30% 0-35% 6/12/18%
 Turkey 20% 15-35% 18%
 Ukraine2 25% 13%23 20%
 United Arab Emirates2 0% 0% 0%
 United Kingdom 24 21-28% 0,20,40% 23.8% (National Insurance) 17.5%
 United States2526272829 15-39% (federal)
0-12% (state)		 0-35% (federal)
0-10.3% (state)
 15.3% (federal) 0-10.25% (state and local)
 Uruguay2 30%  ?-24.125% 23%
 Uzbekistan2 12% 13-30% 10-20%
 Venezuela2 15/22/34% 6-34% 8-10%/9%
 Vietnam 28% 0-40% 10%
 British Virgin Islands 0% 0% 10-14% 0%
 Zambia 35% 10-30% 17.5%

See also

Notes

  1. ^ "OECD Tax Database". Organisation for Economic Co-operation and Development. Retrieved on 2007-01-30.
  2. ^ 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
  3. ^ International Tax and Business Guides - Economic Data - Statistics - Tax - EIU - The Economist - Foreign Investment - Deloitte Touche Tohmatsu
  4. ^ Income Tax and Fiscal Incentives
  5. ^ Index of Economic Freedom
  6. ^ Income tax rates from Canada Revenue official site [1]; Quebec has a separate income tax system: [2]. Both accessed March 31, 2008.
  7. ^ Servicio de Impuestos Internos
  8. ^ Croatia - Taxation
  9. ^ Ministeriet for Videnskab, Teknologi og Udvikling
  10. ^ Ram & McRae's Investors Information Package
  11. ^ 2008-09 Budget - Tax Concessions
  12. ^ Invest in Iceland Agency - Taxation in Iceland
  13. ^ UN salaries, tax - Nepali Times
  14. ^ eKantipur.com
  15. ^ International Tax and Business Guides - Economic Data - Statistics - Tax - EIU - The Economist - Foreign Investment - Deloitte Touche Tohmatsu
  16. ^ Investing in Serbia; Competitive Taxes: Social Insurance Contributions: SIEPA
  17. ^ South Africa budget
  18. ^ Belopp och procent - inkomstår 2008/taxeringsår 2009 | Skatteverket
  19. ^ Högsta och lägsta kommunalskatten 2008 - Statistik från SCB
  20. ^ Belopp och procent - inkomstår 2008/taxeringsår 2009 | Skatteverket
  21. ^ Socialavgifter för inkomstår 2008 | Skatteverket
  22. ^ VAT rates Sweden - Skatteverket
  23. ^ Hoover: The Flat Tax Spreads to Ukraine
  24. ^ HM Revenue & Customs Budget 2008 Press Notice PN02
  25. ^ U.S. Federal Individual Income Tax Rates History, 1913-2008, Tax Foundation, January 7, 2008
  26. ^ State Corporate Income Tax Rates, Tax Foundation, January 26, 2007
  27. ^ State Individual Income Tax Rates, 2007, Tax Foundation, February 3, 2008
  28. ^ State and Local Sales and Use Taxes and Internet Commerce, CRS Report for Congress, Steven Maguire, January 28, 2005
  29. ^ [3], Chicago Cook County Board Approves 1% Sales Tax Hike, March 1, 2008,

External links