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A comparison of
tax rate In a tax A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity In law, a legal person is any person A person (plural people or persons) is a being that has certain capaci ...
s by countries is difficult and somewhat subjective, as
tax law Tax law or revenue law is an area of legal study in which public or sanctioned authorities, such as federal, state and municipal governments (as in the case of the US) use a body of rules and procedures (laws) to assess and collect tax A ...
s in most countries are extremely complex and the
tax burden In economics Economics () is a social science Social science is the Branches of science, branch of science devoted to the study of society, societies and the Social relation, relationships among individuals within those societies. T ...
falls differently on different groups in each country and sub-national unit. The list focuses on the main types of taxes:
corporate tax A corporate tax, also called corporation tax or company tax, is a direct tax Though the actual definitions vary between jurisdictions, in general, a direct tax is a tax imposed upon a person or property as distinct from a tax imposed upon a tran ...
, individual income tax, and
sales tax A sales tax is a tax A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity In law Law is a system A system is a group of Interaction, interacting or interrelate ...
, including VAT and GST, but does not list
capital gains tax A capital gains tax (CGT) is a tax on the profit realized on the sale of a non-inventory asset In financial accountancy, financial accounting, an asset is any resource owned or controlled by a business or an economic entity. It is anything (t ...
,
wealth tax A wealth tax (also called a capital tax or equity tax) is a tax on an entity's holdings of assets. This includes the total value of personal assets, including cash, bank deposits, real estate, assets in insurance and pension plans, ownershi ...
or
inheritance tax An inheritance tax is a tax A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity In law Law is a system A system is a group of Interaction, interacting or interre ...
. Some other taxes (for instance
property tax A property tax or millage rate is an ad valorem tax An ''ad valorem'' tax (Latin language, Latin for "according to value") is a tax whose amount is based on the value of a transaction or of property. It is typically imposed at the time of a ...
, substantial in many countries, such as the United States) and
payroll tax Payroll taxes are taxes imposed on employers or employees, and are usually calculated as a percentage of the salaries that employers pay their employees. By law, some payroll taxes are the responsibility of the employee and others fall on the em ...
are not shown here. The table is not exhaustive in representing the true tax burden to either the corporation or the individual in the listed country. The tax rates displayed are marginal and do not account for deductions, exemptions or rebates. The effective rate is usually lower than the marginal rate. The tax rates given for
federation A federation (also known as a federal state) is a political entity A polity is an identifiable political entity—any group of people who have a collective identity, who are organized by some form of Institutionalisation, institutionalized ...

federation
s (such as the United States and Canada) are averages and vary depending on the state or province. Territories that have different rates to their respective nation are in italics.


Tax rates by countries and territories

} , 21%
9% , 25% ,
Taxation in the Netherlands Taxation in the Netherlands is defined by the income tax (Wet op de inkomstenbelasting 2001), the Withholding tax, wage withholding tax (:nl:Wet op de loonbelasting 1964, Wet op de loonbelasting 1964), the value added tax (:nl:Wet op de omzetbel ...
, - , , 28% , 10.5% , 39% , 15% , ,
Taxation in New Zealand Image:New Zealand tax revenue 2013-14.png, 350px Taxes in New Zealand are collected at a national level by the Inland Revenue Department (New Zealand), Inland Revenue Department (IRD) on behalf of the Government of New Zealand. National taxes are ...
, - , , 30% , 0% , 40%
25% , , , Taxation in New Caledonia , - , , , , , , , Taxation in Nicaragua , - , , 30% , , , 7% , , Taxation in Niger , - , , 30% , 7% , 24% , 7.5% , , Taxation in Nigeria , - , , , , , 12.5% , , Taxation in Niue , - , , , , , , , Taxation in Norfolk Island , - , , 10% , 10% , 18% , 18%
5% , , Taxation in North Macedonia , - , , 23% , 0% , 46.4% , 25%
15%
10%
, 22% , Taxation in Norway , - , , 15% , 0% , 0% , 5% , , Taxation in Oman , - , , 29% , 0% (for income under PKR.600000/annum) , 47% variable ( fixed slab amount + 35%) , 17% +3%(for non-registered)
0% Special Tax cuts for Construction sector .
, ,
Taxation in Pakistan Pakistan Pakistan, . Pronounced variably in English as , , , and . officially the Islamic Republic of Pakistan, is a country in South Asia South Asia is the southern region of Asia, which is defined in both geography, geographical and ...
, - , , , , , , , Taxation in Palau , - , , 15% , 5% , 15% , 14.5% , , Taxation in Palestine , - , , 25% , 0% , 27% , 7%
15%
10%
5% , , Taxation in Panama , - , , , , , , , Taxation in Papua New Guinea , - , , 10% , 8% , 10% , 10% , , Taxation in Paraguay , - , , 30% , 0% , 30% , 16% +
2% +
0–118% , ,
Taxation in PeruTaxation represents the biggest source of revenues for the Peruvian government (up to 76%). For 2016, the projected amount of taxation revenues was Peruvian sol, S/.94.6 billion ($29 billion). There are four taxes that make up approximately 90 percen ...
, - , , 30% , 0% , 35% , 12%
0% , , Taxation in the Philippines , - , , , 0% , 0% , , , Taxation in Pitcairn Islands , - , , 19% , 17% (minus varying deduction) , 32% , 23%
8% or 5% , 19% ,
Taxation in Poland Taxes in Poland are levied by both the central and provincial governments. Tax revenue in Poland is 33.9% of the country's GDP in 2017. The most important revenue sources include the income tax, Social security in Poland, Social Security, corporate ...
, - , , 21% (in mainland) , 14.5% , 48% , 23%
13% or 6%
, ,
Taxation in Portugal A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or Legal person, legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, ...
, - , , 20% , 0% , 33.34% , 11.5% , , Taxation in Puerto Rico , - , , 10% , 0% , 0% , 0% , , Taxation in Qatar , - , , 16% , 35% , 41.5% , 19%
9%
5%
, 16% , Taxation in Romania , - , , 20% , 13% , 15% (for those earning more than 5 mil. roubles a year) 35% for non-residents , 20%
10%
0% , ,
Taxation in Russia The Russian Tax Code (russian: Налоговый кодекс Российской Федерации) is the primary tax law for the Russian Federation Russia (russian: link=no, Россия, , ), or the Russian Federation, is a country sp ...
, - , , 30% , 0% , 30% , 18% , , Taxation in Rwanda , - , , 33% , 0% , 0% , , , Taxation in Saint Kitts and Nevis , - , , , , , , , Taxation in Saint Lucia , - , , , , , , , Taxation in Saint Pierre and Miquelon , - , , , , , , , Taxation in Saint Vincent and the Grenadines , - , , , , , , , Taxation in Samoa , - , , 17% , 12% , 50% , 0%
17% , , Taxation in San Marino , - , , , , , , , Taxation in São Tomé and Príncipe , - , , 0% , 0% , 0% , 0% , , Taxation in Sark , - , , 15% , 0% , 0% , 15% , , Taxation in Saudi Arabia , - , , 25% , 0% , 50% , 20% , , Taxation in Senegal , - , , 15% , 10% , 25% , 20%
10% or 0% , 15% ,
Taxation in Serbia Taxation in Serbia consists of the following; the standard corporate tax rate in Serbia is 15%, although some deductions might apply. The standard VAT rate is 20% and the lower rate is 10%. Income from dividends is a subject to a 15% tax. Serbia has ...
, - , , 33% , 15% , 15% , 15% , , Taxation in Seychelles , - , , , , , , , Taxation in Sierra Leone , - , , 17% , 0% , 22% , 7% , ,
Taxation in Singapore The economy of Singapore is a Developed country, highly-developed free-market economy. Singapore's economy has been ranked by the World Economic Forum as the most open in the world, the Corruption in Singapore, 3rd-least corrupt, and the most ...
, - , , , , , , , Taxation in Sint Maarten , - , , 21%
15% , 21% , 25% , 20%
10%
, 25% , Taxation in Slovakia , - , , 19% , 16% , 50% , 22% or 9.5% or 5% , 27.5% , Taxation in Slovenia , - , , , , , , , Taxation in Solomon Islands , - , , , , , , , Taxation in Somalia , - , , 28% , 0% , 45% , 15% , ,
Taxation in South Africa Taxation may involve payments to a minimum of two different levels of government: Government of South Africa, central government through SARS or to Municipalities of South Africa, local government. Prior to 2001 the South African tax system wa ...
, - , , , , , , , Taxation in South Sudan , - , , 25% (in mainland)
4% (in ) , 19% , 54% (in ) 52% (in )
47% (estatal without regional) , 21%
10% or 4%
, 23% ,
Taxation in Spain Taxes in Spain are levied by national (central), regional and local governments. Tax revenue in Spain stood at 36.3% of GDP in 2013. A wide range of taxes are levied on different sources, the most important ones being income tax, Social security in ...
, - , , 30%
15% , 0% , 15% , 12%
8% or 0%
, , Taxation in Sri Lanka , - , , , , , , , Taxation in Sudan , - , , 36% , 8% , 38% , , , Taxation in Suriname , - , , 20.6% , 32% , 52% , 25%
12% or 6% , ,
Taxation in Sweden Taxation in Sweden on salaries for an employee involves contributing to three different levels of government: the municipalities of Sweden, municipality, the County Councils of Sweden, county council, and the government of Sweden, central governmen ...
, - , , 17.92% , 0% , 59.7%
(10.6%
11.5%
28.025%
9.69%
3.04%
the total marginal tax rate is slightly lower as some mandatory social security contributions are deductible from other taxes) , 7.7%
3.8% or 2.5% , ,
Taxation in Switzerland Taxes in Switzerland are levied by the Swiss Confederation, the cantons and the municipalities A municipality is usually a single administrative division having Municipal corporation, corporate status and powers of self-government or juris ...
, - , , 22% , 5% , 15% , , , Taxation in Syria , - , , 20% , 5% , 40% , 5% , ,
Taxation in Taiwan Taxes provide an important source of revenue for various levels of the Government of the Republic of China. The tax revenue of Taiwan in 2015 amounted NT$2.1 trillion. Tax administration The Ministry of Finance, which is part of the Executive ...
, - , , 13%
25% , 5% , 13%
25% , 18% , , Taxation in Tajikistan , - , , 30% , 15% , 30% , 18% , ,
Taxation in Tanzania The Tanzania Revenue Authority (TRA) is the Politics of Tanzania, government agency of Tanzania, charged with the responsibility of managing the assessment, collection and accounting of all central government revenue in Tanzania. History Tanzania a ...
, - , , 20% , 0% , 35% , 7% , , Taxation in Thailand , - , , , , , , , Taxation in Togo , - , , , , , , , Taxation in Tokelau , - , , , , , , , Taxation in Tonga , - , , 30% , 0% , 30% , 12.5% , , Taxation in Trinidad & Tobago , - , , 30% , 0% , 35% , 18%
12% or 6% , , Taxation in Tunisia , - , , 25% , 15% , 40% , 18%
8%
1% , , Taxation in Turkey , - , , , , , , , Taxation in Turkmenistan , - , , , , , , , Taxation in Turks and Caicos Islands , - , , , , , , , Taxation in Tuvalu , - , , 30% , , , 18% , , Taxation in Uganda , - , , 18% , 0% , 18%
20% , 20%
7% or 0% , , Taxation in Ukraine , - , , 0% , 0%
, 0% , 5% , , Taxation in United Arab Emirates , - , , 19% , 32% (20% Income Tax + 12% Class I NI) (0% Income Tax on first £12,570) , 54% (40% Income Tax for £50,271 to £150,000 + 12% Class I NI for £797 to £4189 pm + 2% Class I NI for over £4189 pm) 59% (over £150,000) , 20%
5%
0% , 20% ,
Taxation in the United Kingdom Taxation in the United Kingdom may involve payments to at least three different levels of government: central government A central government is the government A government is the system or group of people governing an organiz ...
National Insurance National Insurance (NI) is a fundamental component of the welfare state in the United Kingdom Welfare is a type of government support intended to ensure that members of a society can meet basic human needs such as food and shelter. Social s ...
, - , , 21% , 10% +
0% +
0%–3% , 51.6% ) , 11.5%
0% , 20% ,
Taxation in the United States The United States of America The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country Continental United States, primarily located in North America. It consists of 50 U.S. st ...
, - , , 25% , 0% , 30% , 22%
11%
0% , , Taxation in Uruguay , - , , 12%
20% , 12% , 12% , 20%
0% , , Taxation in Uzbekistan , - , , , , , , , Taxation in Vanuatu , - , , 34% , 6% , 34% , 16%
8% , , Taxation in Venezuela , - , , 20% , 5% , 35% , 10% , , Taxation in Vietnam , - , , 0% , 0% , 0% , , ,
Taxation in the British Virgin Islands Taxation in the British Virgin Islands is relatively simple by comparative standards; photocopies of all of the tax laws of the British Virgin Islands ) , anthem = "God Save the Queen" , song_type = Territorial song , song = "Oh, Beautifu ...
, - , , 10% , , , , , Taxation in United States Virgin Islands , - , , 20% , 10% , 15% , 2% , , Taxation in Yemen , - , , 35% , 10% , 30% , 16% , , Taxation in Zambia , - , , 25% , 0% , 45% , 15%
0% , , Taxation in Zimbabwe


See also

*
Corporate tax haven A corporate haven, corporate tax haven, or multinational tax haven, is used to describe a jurisdiction that multinational corporations find attractive for establishing subsidiaries or Incorporation (business), incorporation of regional or main com ...
*
List of countries by social welfare spending This is a list of countries by spending on social welfare Welfare (or commonly, social welfare) is a type of government support intended to ensure that members of a society can meet Basic needs, basic human needs such as food and shelter. So ...
*
List of countries by tax revenue as percentage of GDP This article lists countries alphabetically, with total tax revenue Tax revenue is the income In microeconomics, income is the Consumption (economics), consumption and saving opportunity gained by an entity within a specified timeframe, ...
*
List of countries by inheritance tax rates This is the list of countries by inheritance tax rates. Inheritance tax or estate tax is the tax levied upon the wealth of a person at the time of his/her death before it is passed on to their heirs. List References

{{Public policy co ...
*
Tax Freedom Day Tax Freedom Day is the first day of the year on which a nation as a whole has theoretically earned enough income to pay its taxes. Every dollar that is officially considered income by the government is counted, and every payment to the government t ...
*
Tax haven A tax haven is a jurisdiction with very low "effective" rates of taxation for foreign investors ("headline" rates may be higher). In some traditional definitions, a tax haven also offers Bank secrecy, financial secrecy. However, while countries wi ...
* Tax rates in Europe * VAT rates around the world *
Welfare state The welfare state is a form of government in which the state (or a well-established network of social institutions) protects and promotes the economic and social well-being of its citizens, based upon the principles of equal opportunity Equal o ...


Notes


References


External links


State Business Tax Climate Index Rankings, 2003–2008 in the U.S.
Tax Foundation The Tax Foundation is a Washington, D.C.-based think tank A think tank, or policy institute, is a research institute A research institute, research centre, or research center is an establishment founded for doing research. Research instit ...

OECD Comparison of Wage Taxes
(top combined marginal individual tax rates),
Tax Foundation The Tax Foundation is a Washington, D.C.-based think tank A think tank, or policy institute, is a research institute A research institute, research centre, or research center is an establishment founded for doing research. Research instit ...

IBFD, Your Portal to Cross-Border Tax Expertise

Paying Taxes
World Bank The World Bank is an international financial institution An international financial institution (IFI) is a financial institution that has been established (or chartered) by more than one country, and hence is subject to international law. Its o ...
{{Public policy country lists
Tax rates In a tax A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity In law, a legal person is any person A person (plural people or persons) is a being that has certain capaci ...
countries by tax rates