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List of countries by tax rates

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Comparison of tax rates around the world is difficult and somewhat subjective. 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.

Denmark is the most taxed country in the world with a tax-to-GDP ratio of 48.9%.[1]

Graphs

Income Tax rates by Country based on OECD 2005 data.[2]

List

This is a list of tax rates around the world. It focuses on three types of taxes: corporate taxes, individual taxes and sales taxes (value added taxes (VAT) / goods and services taxes (GST) / sales). Some other taxes (for instance property tax, substantial in many countries, such as USA) are not shown here. The table is not intended to represent the true tax burden to either the corporation or the individual in the listed country. Note that no distinction is made between "true" taxes, that pay for the government's general budget, and fees paid for specific social benefits such as health insurance or retirement pay. The way these benefits are paid vary by country, and the benefits paid for also vary by country.

Country/Region Corporate Individual Payroll tax (usually reduces taxable income) VAT / GST / Sales Primary tax articles
 Afghanistan[3] 20% 2% to 5%[4] Taxation in Afghanistan
 Albania[3] 10% 20%[5] Tax system in Albania
 Algeria[6] 19% 0-35% 17%[7] or 14% or 7%[8] Taxation in Algeria
 Andorra[citation needed] — 0% — 4.5% or 1%[9] Taxation in Andorra
 Angola[3] 35% 1-60% 10%[10] Taxation in Angola
 Argentina 35% 9-35% 21%[11] Taxation in Argentina
 Armenia[3] 20% 20%[12] Taxation in Armenia
 Aruba[3] 28% Taxation in Aruba
 Australia[13] 30% 0-45%

1.5% (Medicare levy)

4.75-6% (state)[14] 10% GST (0% on essential items)[15]
 Austria[3] 25% 21-50% 20%[16] Taxation in Austria
 Azerbaijan[17] 22% 0-30% 18%[18] Taxation in Azerbaijan
 Bangladesh[6] 0-45% 0-25% 15%[19] Taxation in Bangladesh
 Barbados[20] 25% 25%-35% 15%[21] (hotel accommodation 7.5%) Taxation in Barbados
 Belarus[6] 24% 12% 35% 20%[22] or 10% Taxation in Belarus
 Belgium[3] 33.99% 25-50% 21%[23] (6% for essential and selected goods) Taxation in Belgium
 Benin[citation needed] 35% 35% 18%[24] Taxation in Benin
 Bhutan 0-25%[25] Taxation in Bhutan
 Bolivia 25% (IUE: on profits) - 3% (IT: income resulting from transactions) N/A 13% (RC-IVA: Complementary to the VAT regime - the employee can deduct it entirely using bills) 13%[26] (VAT) - multiple rates (ICE: Consumption of specific products) Taxation in Bolivia
 Bosnia and Herzegovina 10% FBiH, 10% RS[27] 5% FBiH, 0-15% RS[27] 33.76% FBiH, 42-57% RS[27] 17% FBiH and RS[27][28] Taxation in Bosnia
 Botswana 15% (plus 10% surcharge) 25% 12%[29] Taxation in Botswana
 Brazil[3] 34% 0-27.5% 31% 17% to 25%[30] Taxation in Brazil
 Brunei 23.5% 0% 0% —[31] Taxation in Brunei
 Bulgaria 10% 10% 20%[32] Taxation in Bulgaria
 Burkina Faso 10-45% 2-30% 18%[33] Taxation in Burkina Faso
 Burundi[34] 35% 35% — 18%[35] Taxation in Burundi
 Cambodia 10%[36] Taxation in Cambodia
 Cameroon[6] 38.5% 10-35% 19.25% Taxation in Cameroon
 Canada[37] 11-18% (federal)

2-16% (provincial)

0-29% (federal)

0-24% (provincial)

4.95% (CPP)

1.73% Federal Social Security Tax 0-2% Provincial Employment Tax

5% (Federal GST)

0-10%(PST)[38]

Taxation in Canada
 Cape Verde 15%[39] Taxation in Cape Verde
 Central African Republic 19%[40] Taxation in Central African Republic
 Chile[41] 17% 0-40% 10% (AFP private retirement fund) + 2 to 3% (AFP administrative costs) + 7% (healthcare insurance) + 0.6% (unemployment insurance) = up to around 20% of income before taxes (each item has an upper payment limit) 19%[42] Taxation in Chile
 China[3] 25% 5-45% 17% with many exceptions[43] Tax system in China
 Colombia[6] 33% 0-33% 16%[44] Taxation in Colombia
 Croatia[6] 20% 15-45% 37.2% (nationwide)[45]
0-18% (local) 		23%[46] (0% on books and some foods) Taxation in Croatia
 Cuba[6] 30% 10-50% 2.5% to 20%[47] Taxation in Cuba
 Cyprus[3] 10% 0-30% 15%[48] (5% or 0% for certain goods) Taxation in Cyprus
 Czech Republic[3] 20% 15% 47.5% 20%[49] or 10% (certain goods) Taxation in Czech Republic
 Denmark[50] 25% 36.57-60% 8% 25% Taxation in Denmark
 Egypt[51] 20% 10-20% — 10% (standard), 25% (luxury goods), 0% (exports)[52] Taxation in Egypt
 El Salvador 25% 0-25% 13% Taxation in El Salvador
 Estonia[3] 21% 21% 33% 20% or 9% Taxation in Estonia
 Finland[3] 26% 9-32% national, 16-21% municipal 23%
13% (food and fodder)
9% (e.g. accommodation and culture) 		Taxation in Finland
 France[3] 33.33% 21% (social charges)

0-40% (income tax)

45% 19.6% or 5.5% or 2.1% Taxation in France
 Gabon 35% 5-55% 2.6% 18% Taxation in Gabon
 Germany 29.8% (average) 0-45% 41%, 15% for one of the many public health insurances (fixed rate by law), as well as a solidarity tax (depending on income) and a 26% social security tax (retirement + unemployment) 19% or 7% (e.g. food) Taxation in Germany
 Georgia[6] 15% 20% 18% Taxation in Georgia
 Gibraltar 33% 17-40% — Taxation in Gibraltar
 Greece 22/25% 0-45% 23% or 11% Taxation in Greece
 Guatemala[6] 31% 15-31% 12% Taxation in Guatemala
 Guyana[53] 35%/45% 33⅓% 16% or 0% Taxation in Guyana
 Hong Kong[54] 16.5% 0-15% 5% mandatory personal defined contribution pension —
 Hungary 10% and 19% 18% and 36% 50.5% 25% Taxation in Hungary
 Iceland[6] 18/26% 0-46.28% 6% 25.5% or 14% or 0% Taxation in Iceland
 India[3] 33.2175% 0-30% (+3% cess) 2%-12.5%
 Indonesia 25% starting FY 2010 5-30% 10% Taxation in Indonesia
 Iran 25% 0-35% 15-35% 1.5-10% depending on item Taxation in Iran
 Ireland 12.5% 0-41% 10.75%[55] 21% Goods
13.5% Services
0% Food
 Israel 25% 10-45% 16% Taxation in Israel
 Italy 31.4% 23-43% 20% or 10% or 4% (food, books) Taxation in Italy
 Jamaica 33.3% 3-5% 25% 17.5% Taxation in Jamaica
 Japan[3] 40.69% 5-50% (40% national + 10% local) 5% (consumption) Taxation in Japan
 Jordan[6] 15/25/35% 5-30% 16% (GST) Taxation in Jordan
 Kazakhstan[6] 17.5%, 15%(2011-) 10% 11% 12% Taxation in Kazakhstan
 South Korea[6] 13/25% 9%-21.375% + 36% excess 10% Taxation in South Korea
 Latvia[56] 15% 26% 33.09% (9% by the employee) 21% Taxation in Latvia
 Lebanon[6] 15/4-21% 2-20% 10% Taxation in Lebanon
 Lithuania[citation needed] 15% 0-15% 39.98% 21% Taxation in Lithuania
 Luxembourg 29.63% 6-38.95% 15% Taxation in Luxemburg
 Macau[3] 12% Taxation in Macau
 Malaysia[3] 25% 0-26% Taxation in Malaysia
 Malta 35% 0-35% 18% Taxation in Malta
 Mauritius 15% 15% 15% Taxation in Mauritius
 Mexico[3] 28% 3-29% 35% 16% Taxation in Mexico
 Monaco 33.33% 0%[57] 19.6% Taxation in Monaco
 Montenegro 9% 15% 17% Taxation in Montenegro
 Morocco 30% 0-38% 20% Taxation in Morocco
   Nepal — 10-25%[58] 13%[59] Taxation in Nepal
 Netherlands 20/25.5% 0-52% 19% (6% for essential and selected goods)
 New Zealand 28% 10.5-33%[60] 15% GST
 Norway[61] 28% 0-47.8% 0-14.1% 25% or 14% (food and drink in shops) or 8% (transportation) Taxation in Norway
 Pakistan 35% 7.5-35% 17% (GST) Taxation in Pakistan
 Panama[6] 30% 0-27% 7% or 0% Taxation in Panama
 Peru[6] 30% 15-21-30% 9% Essalud (Social Security) 8.33% CTS Compensación por tiempo de servicios (like a insurance in case the employee losses his job) 1 complete additional salary in July and 1 complete additional salary in December for Christmas. 0.75% SENATI (Only Industry Jobs) 0.2% SENCICO (Only Construction Workers) 19% (17% VAT + 2% Municipal Promotional Tax) 0-118% ISC Impuesto Selectivo al Consumo (To some products like liquor, cigarettes, etc.) Taxation in Peru
 Philippines 30% 5-32% 12% or 7% or 0%

(in some cases, foreign investors are zero-rated)

Taxation in Philippines
 Poland[3] 19% 0%, 18%, 32% (or optional 19% flat rate for self-employed) 41.11% 23% or 8% or 5% Taxation in Poland
 Portugal[3] 25% 10.5-40% 23.75% Normal: 21% Intermediate: 13% Reduced: 6%

Madeira, Açores: 15%, 9%, 4%

Taxation in Portugal
 Romania 16% 16% 45.15% 24% Taxation in Romania
 Russia[3] 13-20% 13% 10-26% before annual salary exceeds 450k RUB, 0% thereafter 0-18% (reduced rates for certain goods, no VAT for small businesses except for imports activities) Taxation in Russia
 Saudi Arabia[62] 20% (higher for oil/gas) Zakat (natives)
20% (foreigners) 		11% Social security 0% Taxation in Saudi Arabia
 Senegal[6] 25% up to 50% 20% Taxation in Senegal
 Serbia[63] 10% 12-20% 35.8%[64] 18% or 8% or 0%

(reduced rates are for certain goods)

Taxation in Serbia
 Singapore 17%[65] 3.5%-20% 7% (GST)
 Slovakia 19% 19% 19% Taxation in Slovakia
 Slovenia[3] 21% 16-41% 20% or 8.5% Taxation in Slovenia
 South Africa 28%[66] 18-40% 14% Taxation in South Africa
 Spain[3] 25-30% 0-47% 18% or 8% or 4% Taxation in Spain
 Sweden 26.3% [67] 28.89%-59.09%[68][69] 31.42%[70] 25% or 12% or 6%[71] Taxation in Sweden
  Switzerland[6] 13-25% 0-13.2% (federal) 7.6% or 3.6% or 2.4% Taxation in Switzerland
 Syria[6] 10-45% 5-15% Taxation in Syria
 Taiwan[3] 25% 6-40% 5% Taxation in Taiwan
 Tanzania 30% 15-30% Taxation in Tanzania
 Thailand[3] 30% 5-37% 7% Taxation in Thailand
 Tunisia[6] 30% 0-35% 18% or 12% or 6% Taxation in Tunisia
 Turkey[3] 20% 15-35% 35-40% 18%[72] Taxation in Turkey
 Ukraine[6] 25% (16% from April 1, 2011) 15% 20% (17% from January 1, 2011) Taxation in Ukraine
 United Arab Emirates[6] — 0%[73] — Taxation in United Arab Emirates
 United Kingdom[74] 21-28% 0-50%[75] 23.8% (National Insurance) 20% Standard Rate;
5% Reduced Rate;
0% Zero Rate.[76] 		Taxation in the United Kingdom
 United States[77][78][79][80][81][82][83] 0-35% (federal)
0-12% (states) 		0-35% (federal)
0-10.55% (states)
 15.3% 0-10.25% (states and local)
 Uruguay[6] 30% 0-25% 22% Taxation in Uruguay
 Uzbekistan[6] 9 % 11-22% 0-20% Taxation in Uzbekistan
 Venezuela[6] 15/22/34% 6-34% 8-10%/12% Taxation in Venezuela
 Vietnam[3] 25% 0-40% 10% Taxation in Vietnam
 British Virgin Islands — 0%[84] 10-14% — Taxation in the British Virgin Islands
 Zambia 35% 10-30% 17.5% Taxation in Zambia

See also

Notes

  1. ^ [1]
  2. ^ "OECD Tax Database". Organisation for Economic Co-operation and Development. Retrieved 2007-01-30.
  3. ^ 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 aa ab [2]
  4. ^ http://www.tmf-vat.com/international-vat-rates-2010/75-afghanistan-vat-rate.html
  5. ^ http://www.tmf-vat.com/international-vat-rates-2010/76-albania-vat-rate.html
  6. ^ 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 FITA
  7. ^ http://www.tmf-vat.com/international-vat-rates-2010/77-algeria-vat-rate.html
  8. ^ http://www.fita.org/countries/algeria.html
  9. ^ http://www.lavanguardia.es/economia/noticias/20100704/53958607595/andorra-crea-un-iva-con-un-tipo-general-del-45-y-uno-reducido-del-1.html Template:Es
  10. ^ http://www.tmf-vat.com/international-vat-rates-2010/78-angola-vat-rate.html
  11. ^ http://www.tmf-vat.com/international-vat-rates-2010/80-argentina-vat-rate.html
  12. ^ http://www.tmf-vat.com/international-vat-rates-2010/81-armenia-vat-rate.html
  13. ^ International Tax and Business Guides - Economic Data - Statistics - Tax - EIU - The Economist - Foreign Investment - Deloitte Touche Tohmatsu
  14. ^ Victoria cuts payroll tax in State Budget: NSW must follow (May 2006)
  15. ^ GST in Australia
  16. ^ http://www.tmf-vat.com/international-vat-rates-2010/83-austria-vat-rate.html
  17. ^ Taxes rates in Azerbaijan
  18. ^ http://www.tmf-vat.com/international-vat-rates-2010/84-azerbaijan-vat-rate.html
  19. ^ http://www.tmf-vat.com/international-vat-rates-2010/87-bangladesh-vat-rate.html
  20. ^ Income Tax and Fiscal Incentives
  21. ^ http://www.tmf-vat.com/international-vat-rates-2010/88-barbados-vat-rate.html
  22. ^ http://www.tmf-vat.com/international-vat-rates-2010/89-belrus-vat-rate.html
  23. ^ http://www.tmf-vat.com/international-vat-rates-2010/90-belgium-vat-rate.html
  24. ^ http://www.tmf-vat.com/international-vat-rates-2010/92-benin-vat-rate.html
  25. ^ [3]
  26. ^ http://www.tmf-vat.com/international-vat-rates-2010/94-bolivia-vat-rate.html
  27. ^ a b c d [4]
  28. ^ http://www.tmf-vat.com/international-vat-rates-2010/95-bosnia-vat-rate.html
  29. ^ http://www.tmf-vat.com/international-vat-rates-2010/96-botswana-vat-rate.html
  30. ^ http://www.tmf-vat.com/international-vat-rates-2010/97-brazil-vat-rate.html
  31. ^ http://www.tmf-vat.com/international-vat-rates-2010/98-brunei-vat-rate.html
  32. ^ http://www.tmf-vat.com/international-vat-rates-2010/99-bulgaria-vat-rate.html
  33. ^ http://www.tmf-vat.com/international-vat-rates-2010/100-burkina-faso-vat-rate.html
  34. ^ Index of Economic Freedom
  35. ^ http://www.tmf-vat.com/international-vat-rates-2010/101-burundi-vat-rate.html
  36. ^ http://www.tmf-vat.com/international-vat-rates-2010/102-cambodia-vat-rate.html
  37. ^ Individual income tax rates, from Canada Revenue Agency official site: [5]. Quebec has a separate income tax system: [6]. Both indicate 2008 individual rates. Retrieved April 22, 2009.
  38. ^ http://www.tmf-vat.com/international-vat-rates-2010/103-canada-vat-rate.html
  39. ^ http://www.tmf-vat.com/international-vat-rates-2010/104-cape-verdevat-rate.html
  40. ^ http://www.tmf-vat.com/international-vat-rates-2010/105-central-african-republic-vat-rate.html
  41. ^ Servicio de Impuestos Internos
  42. ^ http://www.tmf-vat.com/international-vat-rates-2010/107-chile-vat-rate.html
  43. ^ http://www.tmf-vat.com/international-vat-rates-2010/108-china-vat-rate.html
  44. ^ http://www.tmf-vat.com/international-vat-rates-2010/109-columbia-vat-rate.html
  45. ^ Croatia - Taxation
  46. ^ http://www.tmf-vat.com/international-vat-rates-2010/114-croatia-vat-rate.html
  47. ^ http://www.tmf-vat.com/international-vat-rates-2010/115-cuba-vat-rate.html
  48. ^ http://www.tmf-vat.com/international-vat-rates-2010/116-cyprus-vat-rate.html
  49. ^ http://www.tmf-vat.com/international-vat-rates-2010/117-czech-republic-vat-rate.html
  50. ^ http://www.skat.dk/SKAT.aspx?oId=1880327&vId=0
  51. ^ Income Tax law in Egypt
  52. ^ Sales Tax Law in Egypt
  53. ^ Ram & McRae's Investors Information Package
  54. ^ 2008-09 Budget - Tax Concessions
  55. ^ "Tax rates for 2010". Office of the Revenue Commissioners. Retrieved 10 September 2010.
  56. ^ Tax Rates in the Republic of Latvia
  57. ^ http://www.globalpropertyguide.com/Europe/Monaco/Taxes-and-Costs
  58. ^ UN salaries, tax - Nepali Times
  59. ^ eKantipur.com
  60. ^ "Weekly and fortnightly PAYE deduction tables 2010 (IR 340)" (PDF). Inland Revenue Department. April 2009. Retrieved 2009-04-28.
  61. ^ "Main features of the Government's tax programme for 2011". Ministry of Finance. 5 October 2010.
  62. ^ International Tax and Business Guides - Economic Data - Statistics - Tax - EIU - The Economist - Foreign Investment - Deloitte Touche Tohmatsu
  63. ^ http://www.siepa.gov.rs/site/en/home/1/investing_in_serbia/competitive_taxes/
  64. ^ Investing in Serbia; Competitive Taxes: Social Insurance Contributions: SIEPA
  65. ^ Singapore corporate tax reduced to 17%
  66. ^ South Africa budget
  67. ^ [http://www.skatteverket.se/privat/skatter/beloppprocent/2011.4.6eb1f7eb12c507b23b780005839.html#Statliginkomstskattjuridiskapersoner
  68. ^ Högsta och lägsta kommunalskatten 2008 - Statistik från SCB
  69. ^ Belopp och procent - inkomstår 2008/taxeringsår 2009 | Skatteverket
  70. ^ Socialavgifter för inkomstår 2008 | Skatteverket
  71. ^ VAT rates Sweden - Skatteverket
  72. ^ http://www.tmf-vat.com/international-vat-rates-2010/272-turkey-vat-rate.html
  73. ^ http://mofpi.nic.in/ficci_data/uae.pdf
  74. ^ HM Revenue & Customs Budget 2008 Press Notice PN02
  75. ^ At a glance: Budget 2009, BBC News, April 22, 2009
  76. ^ Directgov - Value Added Tax
  77. ^ Sec 11 of the Internal Revenue Code (TITLE 26, Subtitle A, CHAPTER 1, Subchapter A, PART II, Sec. 11)
  78. ^ U.S. Federal Individual Income Tax Rates History, 1913-2008, Tax Foundation, January 7, 2008
  79. ^ State Corporate Income Tax Rates, Tax Foundation, January 26, 2007
  80. ^ State Individual Income Tax Rates, 2007, Tax Foundation, February 3, 2008
  81. ^ State and Local Sales and Use Taxes and Internet Commerce, CRS Report for Congress, Steven Maguire, January 28, 2005
  82. ^ [7], Chicago Cook County Board Approves 1% Sales Tax Hike, March 1, 2008,
  83. ^ [8], State Individual Income Tax Rates, 2000-2010, July 8, 2010
  84. ^ http://en.wikipedia.org/wiki/Taxation_in_the_British_Virgin_Islands
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