income-tax

Global Income Tax Statistics

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Mean Income Tax Rates as a Percentage of Income
  Country Average Personal Tax Corporate Tax
1 Belgium 55 % 34 %
2 France 50 % 34 %
3 Hungary 48 % 16 %
4 Sweden 47 % 28 %
5 Austria 46 % 25 %
6 Italy 45.5 % 34 %
7 Germany 45 % 29 %
8 Finland 45 % 26 %
9 Czech Republic 44.5 % 25 %
10 Poland 44 % 19 %
11 Turkey 43 % 30 %
12 Denmark 42 % 28 %
13 Spain 38 % 35 %
14 Greece 37.5 % 29 %
15 Netherlands 37.25 % 29.5 %
16 Slovak Republic 37 % 18 %
17 Norway 36.75 % 27 %
18 Portugal 36.5 % 27 %
19 Luxembourg 36 % 30.5 %
20 United Kingdom 34 % 30 %
21 Canada 32 % 36 %
22 Switzerland 29.5 % 21 %
23 United States 29 % 39 %
24 Iceland 28 % 17 %
25 Australia 28 % 30 %
26 Brazil 27.5 % 34 %
27 Japan 27 % 39 %
28 Ireland 26 % 16 %
29 New Zealand 20.5 % 34 %
30 Mexico 17.5 % 29 %
31 Korea 17 % 28 %

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.

Statistic Verification
Source: Organization for Economic Co-operation and Development
Research Date: April 12th, 2015

Questions: What country has the highest income taxes? What country has the lowest income tax? Where does the U.S. rank globally by income tax bracket?