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. 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.

[edit] 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 value added taxes (VAT). It is not intended to represent the true tax burden to either the corporation or the individual in the listed country.

Country	Income tax		VAT / GST / Sales
	Corporate	Individual
Algeria[1]	30%+3%	0-40%	7/14/17%
Argentina[2]	35%	9-35%	21%
Australia[3]	30%	0-45%	10% (GST)
Austria[2]	25%	21-50%	20% GST
Azerbaijan[1]	22%	0-35%	18%
Bangladesh[1]	0-40%	0-25%	4-15%
Barbados[4]	40%	25%-40%	15% (hotel accommodation 7.5%)
Belarus[1]	30%	12-30%	10/18%
Belgium[2]	33.99%	25-50%	21%
Brazil[2]	34%	15-27.5%	17-25%
Bulgaria[2]	10%	10%	20%
Burundi[5]	35%	35%	—
Cameroon[1]	38.5%	10-35%	19.25%
Canada[6]	29.5-35.5%	15-29% (federal) 4-17.95% (provincial)	5% (GST) 0-10% (provincial sales taxes)
Chile[7]	17%	0-40%	19%
China[2]	25%	5-45%	17%
Colombia[1]	35%	0.29-38.5%	16%
Croatia[1]	20%	15-45%	22%
Cuba[1]	30%	10-50%	12%
Cyprus[2]	10%	20-30%	15%
Czech Republic[2]	21%	15%	19%
Denmark[8]	22%	38-59%	25%
Egypt[2]	20%	10-20%	—
Estonia[2]	22%	22%	18%
Finland[2]	26%	9-32%	22%
France[2]	33.33%	10-48.09%	19.6%
Germany[2]	29.8% (average)	15-45%	19%/7% on certaine goods (e.g. food)
Georgia[1]	20%	12%	18%
Gibraltar[2]	33%	17-40%	—
Greece[2]	22/25%	0-40%	19%
Guatemala[1]	31%	15-31%	12%
Guyana[9]	35%/45%	33⅓%	16%/0%
Hong Kong[10]	16.5%	0-15%	—
Hungary[2]	16%	18% and 36%	20%
Iceland[1]	18/26%	0-45.58%	0/14/24.5%
India[2]	30-40%	10-30%	12.5%
Indonesia[2]	30%	5-35%	10%
Ireland[2]	12.5%	20-41%	21%
Israel[2]	27%	10-47%	15.5%
Italy[2]	33%	23-43%	20%
Japan[2]	30%	5-40%	5% (consumption)
Jordan[1]	15/25/35%	5-30%	16% GST
South Korea[1]	13/25%	9%-21.375% + 36% excess	10%
Latvia[2]	15%	25%	18%
Lebanon[1]	15/4-21%	2-20%	10%
Lithuania[2]	15%	15%/27%	18%
Luxembourg[2]	29.63%	6-38.95%	15%
Malaysia[1]	28%	0-28%	5% GTS
Malta[2]	35%	0-35%	18%
Mexico[2]	29%	3-29%	15%
Monaco[2]	33.33%	0%	19.6%
Montenegro[2]	9%	15%	17%
Morocco[2]	35%	0-41.5%	20%
Nepal	N/A	10% to 25%[11]	13%[12]
Netherlands[2]	29.6%	0-52%	19%
New Zealand[2]	30%	0-39%	12.5% GST
Norway[2]	28%	28-51.3%	25%
Pakistan[2]	35%	7.5-35%	15%
Panama[1]	30%	0-27%	0/5%
Peru[1]	27%	15-27%	2/19%
Philippines[2]	35%	5-32%	12%
Poland[2]	19%	19-40%	22%, 7% (reduced rate on certain goods)
Portugal[2]	27.5%	10.5-40%	21%
Romania[2]	16%	16%	19%
Russia[2]	24%	13%	18%
Saudi Arabia[13]	20%-85% 11% Social security	Residents 2.5% Zakat Non-residents 20%	—
Senegal[1]	33%	up to 50%	20%
Serbia[2]	10%	10/14%	18%
Singapore[2]	18%	3.5%-20%	7%
Slovakia[2]	19%	19%	19%
Slovenia[2]	25%	16-50%	20%
South Africa[2]	28%[14]	18-40%	14%
Spain[2]	25-30%	0-42%	16%
Sweden	28%[15]	0-59.09% [16][17]	25%. 12% and 6% for some goods. [18]
Switzerland[1]	13-25%	0-13.2% (federal)	3.6/2.4/7.6%
Syria[1]	10-45%	5-15%	Debuts in 2008
Republic of China[2]	25%	6-40%	5%
Thailand[2]	30%	5-37%	7%
Tunisia[1]	30%	0-35%	6/12/18%
Turkey[2]	20%	15-35%	18%
Ukraine[1]	25%	0-40%	20%
United Arab Emirates[1]	0%	0%	0%
United Kingdom [19]	21-28%	20-40%	17.5%
United States[20][21][22][23][24]	15-39% (federal income) 0-12% (state income)	0-35% (federal income) 0-10.3% (state income) 0-7.65%(federal payroll)	0-10.25% (state and local sales tax)
Uruguay[1]	30%	?-24.125%	23%
Uzbekistan[1]	12%	13-30%	10-20%
Venezuela[1]	15/22/34%	6-34%	8-10%/9%
Vietnam[2]	28%	0-40%	10%
Zambia[2]	35%	10-30%	17.5%

[edit] See also

• List of countries by tax revenue as percentage of GDP
• Dividend imputation
• VAT Rates
• Tax Freedom Day
• Welfare state
• Tax haven

[edit] Notes

[edit] External link

• Business Tax Climate Index Rankings, 2003-2008 in the U.S., Tax Foundation, October 7, 2007