List Of Countries By Tax Rates - Tax Table 2015

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.

Methodology

This is a list of tax rates around the world. It focuses on four types of tax:

• Corporate tax
• Individual income tax
• Payroll tax
• Sales tax, including VAT and GST.

Some other taxes (for instance property tax, substantial in many countries, such as the United States) are not shown here. The table isn't 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 don't account for deductions, exemptions, or rebates. The effective rate is usually much lower than the marginal rate, but sometimes much higher. The tax rates given for federations (such as the USA and Canada) are averages and vary depending on the state or province. Territories that have different rates to their respective nation are in italics.

Countries

Notes

• ^{Note A} Businesses with annual turnover above A$2 million pay 30% corporate tax, all other business pay the smaller 28.5% rate.
• ^{Note B} Includes 2% Medicare levy, plus temporary 2% 'deficit levy' due to expire in 2017.
• ^{Note C} Foreign companies must generally have a local sponsor and 50% percent of the profit must go to that sponsor.