FACTOID # 4: Tax makes up half of the of Gross Domestic Product in Denmark and Sweden. In Japan and the United States, it makes up less than 30%.
 
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Europe > Faroe Islands > Taxation

FAROESE TAXATION STATS:   All Stats  
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Highest marginal tax rate, corporate rate > % 20 % ... [85th of 108]
Highest marginal tax rate, individual > on income exceeding, US$ 26,856.45 $ ... [47th of 93]
Highest marginal tax rate, individual rate > % 37 % ... [35th of 102]

... View all Taxation stats

SOURCES: World Development Indicators database

ALTERNATIVE NAMES: Faroe Islands, faeroe islands, Foroyar

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More facts and figures on Faroe Islands
 

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