FACTOID # 3: People in Germany, Belgium, Hungary and Sweden have to pay almost half their salaries in tax.
 
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Oceania > New Zealand > Taxation

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Components of taxation > Corporate income tax u12.1% [7th of 28]
Components of taxation > Goods and service tax 35.2% [10th of 30]
Components of taxation > Payroll and workforce taxes 0.9% [6th of 7]
Components of taxation > Personal income tax 42.3% [2nd of 30]
Components of taxation > Property tax 5.4% [9th of 18]
Components of taxation > Social security > Contribution by employer 0% [26th of 27]
Components of taxation > Social security > Employees contribution 0% [30th of 30]
Net taxes on products > current LCU 8741000000 Time series
Net taxes on products > current US$ 3,674,542,000 $ Time series [47th of 159]
Social contributions > % of revenue 0.18 % Time series [61st of 78]
Social contributions > current LCU 106735000 Time series
Taxes on goods and services > % value added of industry and services 11.75 % Time series [32nd of 89]
Taxes on income, profits and capital gains > % of revenue 54.93 % Time series [3rd of 98]
Taxes on income, profits and capital gains > % of total taxes 65.55 % Time series [4th of 98]
Total tax wedge > Single worker 19.6% [28th of 29]
Total tax wedge > Single-income family 16.8% [24th of 29]
Total taxation as % of GDP 35.1 % of GDP [14th of 18]

... View all Taxation stats

SOURCES: OECD Revenue Statistics; World Development Indicators database; OECD; OECD Revenue Statistics

ALTERNATIVE NAMES: New Zealand

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