Use our interactive Tax rates tool to compare tax rates by country or region. Note: Tax rates are checked regularly by KPMG member firms; however, please confirm tax rates with the country's tax authority before using them to make business decisions. These tax rates apply to single people with no children, on an average salary for their country. Belgium- 42.80%. Germany - 39.90%. Denmark - 38.90%. Hungary- 35%. Austria -34%. Greece - 25.4%. OECD Average - 25.10%. UK - 24.90%. USA - 22.70%. New Zealand - 16.40%. Israel - 15.50%. Korea Marginal corporate tax rates in Scandinavian countries are around the OECD average of 25 percent and much more competitive than the United States’ rate. Denmark’s corporate income tax rate is 24.5 percent, Norway’s general corporate income tax rate is 27 percent, and Sweden has a corporate tax rate of 22 percent. The following is a report of the countries in the world who experience the highest income tax rates on average. All figures are form the Organisation For Economic Co-Operation and Development. 10. Luxembourg - 29.5% . Luxembourg is a small landlocked country in Western Europe. 19 different tax brackets exist in Luxembourg. The maximum rate of Top 5 Countries With The Highest Personal Income Tax Rates In The World 1. Sweden. Currently the highest ranking country for personal income tax in the world is Sweden. 2. Aruba. Coming in close to the highest ranking country is the Dutch Caribbean island of Aruba. 3. United States. We're Use our interactive Tax rates tool to compare tax rates by country or region. Note: Tax rates are checked regularly by KPMG member firms; however, please confirm tax rates with the country's tax authority before using them to make business decisions.
These tax rates apply to single people with no children, on an average salary for their country. Belgium- 42.80%. Germany - 39.90%. Denmark - 38.90%. Hungary- 35%. Austria -34%. Greece - 25.4%. OECD Average - 25.10%. UK - 24.90%. USA - 22.70%. New Zealand - 16.40%. Israel - 15.50%. Korea
Note: Tax rates are checked regularly by KPMG member firms; however, please confirm tax rates with the country's tax authority before using them to make All in average income tax rates at average wage, All in rate, All in less cash Sort ascending Sort descending, Sort ascending Sort descending. Country Comparative information for the OECD member countries covering personal countries on central and sub-central government corporate income tax rates; 25 Feb 2014 "At the top end of the distribution we have Belgium where single people pay 43% of earnings in income tax and social security contributions (or Moreover, the data shows that developed countries actually collect much higher tax revenue than developing countries despite comparable statutory taxation rates 11 Nov 2019 In 2019, the highest income earners in Sweden pay a whopping 57.19%, more than anywhere Sweden has the highest tax rate in the world.
California, Hawaii, Oregon, Minnesota, and New Jersey have some of the highest state income tax rates in the country. At the other end of the scale, seven states
17 Aug 2015 How do the tax rates in the UK compare to other countries? Would moving help your income tax affairs or hinder them? In the late 1900s and early 2000s, many developed nations reduced their dependency on personal income tax for financing, although none have completely This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - List of Countries by Personal Income Tax Rate. List of Countries by Personal Income Tax Rate - provides a table with the latest tax rate figures for several countries including actual values, forecasts, statistics and historical data.
