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Country vs country: Netherlands and Slovakia compared: Economy > Tax

Definitions

  • Components of taxation > Social security > Contribution by employer: Tax on employer's contribution of social security as a percentage of total tax collected by the country. Data is for 2002.
  • Grants and other revenue > % of revenue: Grants and other revenue include grants from other foreign governments, international organisations, and other government units; interest; dividends; rent; requited, nonrepayable receipts for public purposes (such as fines, administrative fees, and entrepreneurial income from government owner\xADship of property); and voluntary, unrequited, nonrepayable receipts other than grants."
  • Grants and other revenue > Current LCU: Grants and other revenue include grants from other foreign governments, international organisations, and other government units; interest; dividends; rent; requited, nonrepayable receipts for public purposes (such as fines, administrative fees, and entrepreneurial income from government owner\xADship of property); and voluntary, unrequited, nonrepayable receipts other than grants."
  • Highest marginal tax rate > Corporate rate: Highest marginal tax rate (corporate rate) is the highest rate shown on the schedule of tax rates applied to the taxable income of corporations.
  • Highest marginal tax rate > Individual rate: Highest marginal tax rate (individual rate) is the highest rate shown on the schedule of tax rates applied to the taxable income of individuals.
  • Other taxes > Current LCU: Other taxes include employer payroll or labor taxes, taxes on property, and taxes not allocable to other categories, such as penalties for late payment or nonpayment of taxes."
  • Revenue > Excluding grants > Current LCU: Revenue is cash receipts from taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales. Grants are also considered as revenue but are excluded here."
  • Social security contributions: Social contributions include social security contributions by employees, employers, and self-employed individuals, and other contributions whose source cannot be determined. They also include actual or imputed contributions to social insurance schemes operated by governments."
  • Social security contributions > Current LCU: Social contributions include social security contributions by employees, employers, and self-employed individuals, and other contributions whose source cannot be determined. They also include actual or imputed contributions to social insurance schemes operated by governments."
  • Tax payments > Number > Per capita: Tax payments by businesses are the total number of taxes paid by businesses, including electronic filing. The tax is counted as paid once a year even if payments are more frequent." Per capita figures expressed per 1 million population.
  • Tax rates: Revenue is cash receipts from taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales. Grants are also considered as revenue but are excluded here."
  • Tax revenue > % of GDP: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue."
  • Taxes on goods and services > % value added of industry and services: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.
  • Taxes on income > Profits and capital gains > % of revenue: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.
  • Total tax rate > % of profit: Total tax rate is the total amount of taxes payable by businesses (except for labor taxes) after accounting for deductions and exemptions as a percentage of profit.
STAT Netherlands Slovakia HISTORY
Components of taxation > Social security > Contribution by employer 11.7%
Ranked 18th.
25%
Ranked 3rd. 2 times more than Netherlands

Grants and other revenue > % of revenue 10.03%
Ranked 60th.
13.57%
Ranked 41st. 35% more than Netherlands

Grants and other revenue > Current LCU 25.02 billion
Ranked 44th. 9 times more than Slovakia
2.69 billion
Ranked 67th.

Highest marginal tax rate > Corporate rate 25.5%
Ranked 57th. 34% more than Slovakia
19%
Ranked 88th.

Highest marginal tax rate > Individual rate 52%
Ranked 3rd. 3 times more than Slovakia
19%
Ranked 66th.

Other taxes > Current LCU 6.82 billion
Ranked 35th. 4900 times more than Slovakia
1.39 million
Ranked 77th.

Revenue > Excluding grants > Current LCU 248.84 billion
Ranked 43th. 13 times more than Slovakia
19.48 billion
Ranked 70th.

Social security contributions 35.53%
Ranked 14th.
40.71%
Ranked 5th. 15% more than Netherlands

Social security contributions > Current LCU 88.59 billion
Ranked 23th. 11 times more than Slovakia
8.06 billion
Ranked 45th.

Tax payments > Number > Per capita 0.541 per 1 million people
Ranked 140th.
5.68 per 1 million people
Ranked 66th. 11 times more than Netherlands

Tax rates 41.76
Ranked 7th. 44% more than Slovakia
28.98
Ranked 45th.

Tax revenue > % of GDP 22.78%
Ranked 24th. 69% more than Slovakia
13.46%
Ranked 68th.

Taxes on goods and services > % value added of industry and services 13.05%
Ranked 24th. 5% more than Slovakia
12.47%
Ranked 27th.

Taxes on income > Profits and capital gains > % of revenue 25.21%
Ranked 22nd. 3 times more than Slovakia
9.12%
Ranked 57th.

Total tax rate > % of profit 39.3%
Ranked 98th.
48.6%
Ranked 53th. 24% more than Netherlands

SOURCES: OECD Revenue Statistics; International Monetary Fund, Government Finance Statistics Yearbook and data files.; KPMG's Corporate and Indirect Tax Rate Survey 2009 (www.kpmg.com), and PricewaterhouseCoopers's Worldwide Tax Summaries Online (www.pwc.com).; KPMG's Individual Income Tax and Social Security Rate Survey 2009 (www.kpmg.com), and PricewaterhouseCoopers's Worldwide Tax Summaries Online (www.pwc.com).; World Bank, Doing Business project (http://www.doingbusiness.org/).; International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.; World Development Indicators database

Citation

"Economy > Tax: Netherlands and Slovakia compared", NationMaster. Retrieved from http://www.nationmaster.com/country-info/compare/Netherlands/Slovakia/Economy/Tax

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