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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Southeast Asia > Vietnam > Taxation

VIETNAMESE TAXATION STATS:   All Stats  
View this page with:    Just Stats   Sources   Definitions   Both  
Average time to clear customs > days 30 days ... [30th of 39]
CPIA fiscal policy rating 16 ... [16th of 75]
Highest marginal tax rate, corporate rate > % 48 % ... [48th of 108]
Highest marginal tax rate, individual > on income exceeding, US$ 66 $ ... [66th of 93]
Highest marginal tax rate, individual rate > % 16 % ... [16th of 102]
Tax payments > number 93 ... [93rd of 171]
    (per capita) 154 per 1 million people ... [154th of 170]
Tax rates > % of managers surveyed ranking this as a major business constraint 34 % ... [34th of 39]
Total tax rate > % of profit 104 % ... [104th of 171]

... View all Taxation stats

SOURCES: Average time to clear customs is the number of days to clear an imported good through customs.; Fiscal policy assesses the short- and medium-term sustainability of fiscal policy (taking into account monetary and exchange rate policy and the sustainability of the public debt) and its impact on growth.; 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) 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) is the highest rate shown on the schedule of tax rates applied to the taxable income of individuals.; 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.; 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 as a major constraint measure the share of senior managers who ranked tax rates as a major or very severe constraint.; 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.

ALTERNATIVE NAMES: Vietnam, Socialist Republic of Vietnam, Cong Hoa Xa Hoi Chu Nghia Viet Nam, Viet Nam, Vietnam SR, Việt Nam

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