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Components of taxation > Corporate income tax	u16.8%		[3rd of 28]
Components of taxation > Goods and service tax	30.3%		[16th of 30]
Components of taxation > Payroll and workforce taxes	6.2%		[1st of 7]
Components of taxation > Personal income tax	38.5%		[4th of 30]
Contribution by middle 40%	31.1%		[10th of 14]
Contribution by poorest 30%	3.7%		[13th of 14]
Contribution by richest 30%	65.1%		[4th of 14]
Customs and other import duties > % of tax revenue	2.42 %		[46th of 82]
Highest marginal tax rate, corporate rate > %	30 %		[29th of 108]
Highest marginal tax rate, individual > on income exceeding, US$	72,519.09 $		[13th of 93]
Highest marginal tax rate, individual rate > %	47 %		[9th of 102]
Net taxes on products > constant LCU	71538100000
Tax revenue > % of GDP	23.89 %		[13th of 98]
Tax revenue > current LCU	229131000000
Taxes on goods and services > % value added of industry and services	7.36 %		[65th of 89]
Taxes on income, profits and capital gains > % of revenue	65.27 %		[1st of 98]
Total tax rate > % of profit	52.2 %		[57th of 171]
Total tax wedge > Single worker	23.1%		[27th of 29]
Total tax wedge > Single-income family	13.1%		[26th of 29]
Total taxation as % of GDP	31.5 % of GDP		[15th of 18]

Interesting facts on Australian Taxation

• Don't start a company in Australia. More than 20% of the tax collected in Australia is corporate income tax.

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