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Germany

Germany Tax Stats

Definitions

  • Average number of times firms spent in meetings with tax officials: Average number of times firms spent in meetings with tax officials. Average number of times management met with tax officials is the average number of visits or required meetings with tax officials.
  • Components of taxation > Social security > Employees contribution: Tax on employee's contribution of social security as a percentage of total tax collected by the country. Data is for 2002.
  • GDP > Current LCU: GDP (current LCU). GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.
  • GDP > Current US$: GDP (current US$). GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
  • 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 > On income exceeding > US$: Highest marginal tax rate (individual rate) is the highest rate shown on the schedule of tax rates applied to the taxable income of individuals. This series presents the income levels for individuals above which the highest marginal tax rates levied at the national level apply.
  • 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 > 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."
  • Taxes on goods and services including sales tax > % 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 including income tax > % of total taxes: 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."
  • Value Added Tax > Professional services: Value Added Tax 2002. Whether there is a lower rate for dwellings and if so, what rate.
STAT AMOUNT DATE RANK HISTORY
Average number of times firms spent in meetings with tax officials 1.3 2005 27th out of 39
Components of taxation > Social security > Employees contribution 17.6% 2002 4th out of 30
GDP > Current LCU 2.67 trillion 2012 63th out of 185
GDP > Current US$ $3.43 trillion 2012 5th out of 180
Grants and other revenue > % of revenue 3.93% 2008 77th out of 81
Grants and other revenue > Current LCU 27.96 billion 2008 42nd out of 80
Highest marginal tax rate > Corporate rate 29.44% 2009 44th out of 108
Highest marginal tax rate > Individual > On income exceeding > US$ $334,448 2009 3rd out of 65
Highest marginal tax rate > Individual rate 45% 2009 10th out of 87
Other taxes > Current LCU 30 million 1995 48th out of 69
Revenue > Excluding grants > Current LCU 706.5 billion 2008 24th out of 87
Social security contributions > Current LCU 389.74 billion 2008 9th out of 66
Taxes on goods and services including sales tax > % value added of industry and services 7.49% 2008 59th out of 72
Taxes on income > Profits and capital gains including income tax > % of total taxes 43.48% 2008 30th out of 86
Value Added Tax > Professional services 16% 2002 20th out of 25

SOURCES: World Bank, Enterprise Surveys; OECD Revenue Statistics; World Bank national accounts data; 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).; International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD value added estimates.; Parliamentary Assembly of the Council of Europe

Citation

"Germany Tax Stats", NationMaster. Retrieved from http://www.nationmaster.com/country-info/profiles/Germany/Economy/Tax

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