FACTOID # 1: Don't start a company in Australia. More than 20% of the tax collected in Australia is corporate income tax.
 
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Correlations > Taxation Statistics > Total tax wedge > Single worker

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Correlations between Taxation > Total tax wedge > Single worker ...

Variable Strength
...and  Economy > Net social expenditure > % of GDP 76% [plot | correlate | graph]
...and  Economy > Social security expenditure as % of GDP 73% [plot | correlate | graph]
...and  Taxation > Total tax wedge > Single-income family 72% [plot | correlate | graph]
...and  Taxation > Total taxation as % of GDP 65% [plot | correlate | graph]
...and  Economy > Trade with US > US imports of fish and shellfish (inverse) 46% [plot | correlate | graph]
...and  Taxation > Components of taxation > Property tax (inverse) 46% [plot | correlate | graph]
...and  People > Size of houses (inverse) 45% [plot | correlate | graph]
...and  Labor > Economic activity > Men aged 60-64 (inverse) 44% [plot | correlate | graph]
...and  Economy > Population below median income (inverse) 42% [plot | correlate | graph]
...and  Taxation > Components of taxation > Social security > Contribution by employer 41% [plot | correlate | graph]
...and  Internet > Secure servers (inverse) 40% [plot | correlate | graph]
...and  Agriculture > Exports to USA > Orange juice (inverse) 39% [plot | correlate | graph]
...and  Food > Coffee consumption 34% [plot | correlate | graph]
...and  Economy > Income distribution > Richest 20% (inverse) 34% [plot | correlate | graph]
...and  Economy > Income distribution > Richest 10% (inverse) 32% [plot | correlate | graph]
...and  Lifestyle > Very proud of their nationality (inverse) 32% [plot | correlate | graph]
...and  Education > Female teachers > Lower secondary 32% [plot | correlate | graph]
...and  Education > Primary teacher age > Proportion aged 50-59 32% [plot | correlate | graph]
...and  Economy > World Trade > Exports > Wood manufactures nes 32% [plot | correlate | graph]
...and  Health > Practising physicians 32% [plot | correlate | graph]
...and  People > Households with more than 5 people (inverse) 32% [plot | correlate | graph]
...and  Economy > World Trade > Imports > Zinc 32% [plot | correlate | graph]
...and  Economy > Trade with US > US imports of cane and beet sugar (inverse) 31% [plot | correlate | graph]
...and  Crime > Believe in police efficiency (inverse) 31% [plot | correlate | graph]
...and  Health > Acute care beds 31% [plot | correlate | graph]
...and  Labor > Economic activity > Men aged 55-59 (inverse) 31% [plot | correlate | graph]
...and  Economy > Child poverty (inverse) 31% [plot | correlate | graph]
...and  Crime > Suicide rates in ages 65-74 31% [plot | correlate | graph]
...and  Geography > Precipitation (inverse) 31% [plot | correlate | graph]
...and  Economy > World Trade > Exports > Flat rolled alloy steel 30% [plot | correlate | graph]
...and  People > Divorces per 100 marriages 30% [plot | correlate | graph]
...and  Economy > World Trade > Exports > Prefabricated buildings 30% [plot | correlate | graph]
...and  Lifestyle > Political action > Attended a demonstration 29% [plot | correlate | graph]
...and  Education > Duration of education > Primary level (inverse) 29% [plot | correlate | graph]
...and  Military > Armed forces growth (inverse) 29% [plot | correlate | graph]
...and  Lifestyle > Undesirable neighbours > Emotionally unstable people (inverse) 28% [plot | correlate | graph]
...and  Economy > Trade with US > US exports of railway transportation equipment (inverse) 28% [plot | correlate | graph]
...and  Health > Suicide rate > Females 28% [plot | correlate | graph]
...and  Health > Suicide rate > Middle aged 28% [plot | correlate | graph]
...and  Labor > Economic activity > Both sexes aged 60-64 (inverse) 28% [plot | correlate | graph]
...and  Economy > Trade with US > US exports of wood supplies, manufactured (inverse) 28% [plot | correlate | graph]
...and  Labor > Long term unemployment > Share 28% [plot | correlate | graph]
...and  Media > Telecommunications revenue (inverse) 28% [plot | correlate | graph]
...and  Economy > World Trade > Exports > Television receivers 28% [plot | correlate | graph]
...and  Food > Bottled water consumption 28% [plot | correlate | graph]
...and  Labor > Employment rate of highly educated women 28% [plot | correlate | graph]
...and  Education > Education spending (% of total government expenditure) (inverse) 28% [plot | correlate | graph]
...and  Economy > World Trade > Exports > Flat rolled iron steel products 28% [plot | correlate | graph]
...and  Health > Respiratory disease deaths (inverse) 28% [plot | correlate | graph]
...and  People > Average size of households (inverse) 28% [plot | correlate | graph]
Average: 35%

About Correlations:

A correlation is a statistical measure of similarity between at least two given sets of data. NationMaster's correlations compare two variables from our database and reveal statistical relationships between them. The percentages you see represent the strength (or likelihood) that a change in the topic variable is matched by a change in the listed variables below it. But remember: These correlations do not imply causation, that is, one does not necessarily cause the other. Also, not all variables contain all countries, rather subsets of countries matched together.

VIEW FOR THIS VARIABLE:

NOTES:

  • Outliers have been removed only where they are outside 3 standard deviations of the mean.
  • Only variable pairs where at least 15 countries match for each have been considered.
  • Strength is given by the correlation coefficient (R squared). It is the fraction of variation in Y that can be attributed to the variation in X. 100% signifies a perfect fit (R squared of 1). The top 50 such stats are displayed


DEFINITION: The percentage of gross earnings given up in tax, including any social security contributions. Calculated for a single worker without children, earning 100 % of the average wage. Data for 2001, and only for selected OECD countries.

SOURCE: OECD

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