| Public finance |
 | This article is part of the series:
Finance and Taxation
| | Taxation | Income tax · Payroll tax
CGT · Stamp duty · LVT
Sales tax · VAT · Flat tax
Tax, tariff and trade
Tax haven
| | Tax incidence | Tax rate · Proportional tax
Progressive tax · Regressive tax
Tax advantage
| Taxation by country Australia • British Virgin Islands
Canada • China • Colombia
France • Germany • Hong Kong
India • Indonesia • Ireland
Netherlands • New Zealand
Peru • Russia • Singapore
Tanzania • United Kingdom
United States • European Union This article does not cite any references or sources. ...
Image File history File linksMetadata Size of this preview: 800 × 600 pixelsFull resolution (2816 × 2112 pixel, file size: 2. ...
The field of finance refers to the concepts of time, money and risk and how they are interelated. ...
A tax is an involuntary fee paid by individuals or businesses to a state, or to functional equivalents of a state, including tribes, secessionist movements or revolutionary movements. ...
A tax is an involuntary fee paid by individuals or businesses to a state, or to functional equivalents of a state, including tribes, secessionist movements or revolutionary movements. ...
Tax rates around the world Tax revenue as % of GDP Economic policy Monetary policy Central bank Money supply Fiscal policy Spending Deficit Debt Trade policy Tariff Trade agreement Finance Financial market Financial market participants Corporate Personal Public Banking Regulation An income tax is a tax levied on the financial income...
This article is the current Taxation Collaboration of the Month. ...
For all other forms of taxation, see tax Tax rates around the world Tax revenue as % of GDP Economic policy Monetary policy Central bank Money supply Fiscal policy Spending Deficit Debt Trade policy Tariff Trade agreement Finance Financial market Financial market participants Corporate Personal Public Banking Regulation A capital gains...
Stamp duty is a form of tax that is levied on documents. ...
Land value taxation (LVT), or site value taxation, is the policy of raising state revenues by charging each landholder a portion of the value of a site or parcel of land that would exist even if that site had no improvements. ...
A sales tax is a consumption tax charged at the point of purchase for certain goods and services. ...
Economic policy Monetary policy Central bank Money supply Gold standard Fiscal policy Spending Deficit Debt Policy-mix Trade policy Tariff Trade agreement Finance Financial market Financial market participants Corporate Personal Public Regulation Banking Fractional-reserve Full-reserve Free banking Islamic Value added tax (VAT), or goods and services tax (GST...
A flat tax, also called a proportional tax, is a system that taxes all entities in a class (typically either citizens or corporations) at the same rate (as a proportion on income), as opposed to a graduated, or progressive, scheme. ...
The tax, tariff and trade laws of a political region, state or trade bloc determine which forms of consumption and production tend to be encouraged or discouraged. ...
A tax haven is a place where certain taxes are levied at a low rate or not at all. ...
First discussed by the Physiocrats in France, tax incidence is the analysis of the effect of a particular tax on the distribution of economic welfare. ...
A tax (also known as a dutyor Zakat in islamic economics) is a charge or other levy imposed on an individual or a legal entity by a state or a functional equivalent of a state (e. ...
A flat tax, also called a proportional tax, is a system that taxes all entities in a class (typically either citizens or corporations) at the same rate (as a proportion of income), as opposed to a graduated, or progressive, scheme. ...
Tax rates around the world Tax revenue as % of GDP Economic policy Monetary policy Central bank Money supply Fiscal policy Spending Deficit Debt Trade policy Tariff Trade agreement Finance Financial market Financial market participants Corporate Personal Public Banking Regulation A progressive tax is a tax imposed so that the effective...
Tax rates around the world Tax revenue as % of GDP Economic policy Monetary policy Central bank Money supply Fiscal policy Spending Deficit Debt Trade policy Tariff Trade agreement Finance Financial market Financial market participants Corporate Personal Public Banking Regulation A regressive tax is a tax imposed so that the tax...
Tax advantage refers to the economic bonus which applies to certain accounts or investments that are, by statute, tax-reduced, tax-deferred, or tax-free. ...
HK Inland Revenue Ordinance Cap. ...
There are very few or no other articles that link to this one. ...
Individual income tax in Singapore forms part of two main sources of Income tax, the other being corporate taxes on companies. ...
This article is the current Taxation Collaboration of the Month. ...
v • d • e
Tax rates around the world
Tax revenue as % of GDP This table lists OECD countries by total tax revenue as percentage of GDP (as of 2005). ...
| | Economic policy | Monetary policy
Central bank · Money supply
Gold standard | Fiscal policy
Spending · Deficit · Debt | | Policy-mix | Trade policy
Tariff · Trade agreement
| | Finance | Financial market
Financial market participants
Corporate · Personal
Public · Regulation | | Banking | Fractional-reserve
Full-reserve · Free banking
Islamic
| | view • talk • edit • project | Comparison of Tax Rates around the world is a difficult and somewhat subjective enterprise. Tax laws in most countries are extremely complex, and tax burden falls differently on different groups in each country and sub-national unit. Of course, services provided by governments in return for taxation also vary, making comparisons all the more difficult, for example, in many European nations, government sponsored national health care provision is paid for from taxation, while in other countries health care is normally paid for with private insurance. The lists below give an indication by rank of some raw indicators. Not to be confused with Political economy. ...
Tax rates around the world Tax revenue as % of GDP Economic policy Monetary policy Central bank Money supply Fiscal policy Spending Deficit Debt Trade policy Tariff Trade agreement Finance Financial market Financial market participants Corporate Personal Public Banking Regulation Monetary policy is the process by which the government, central bank...
In macroeconomics, money supply (monetary aggregates, money stock) is the quantity of currency and money in bank accounts in the hands of the non-bank public available within the economy to purchase goods, services, and securities. ...
For other uses, see Gold standard (disambiguation). ...
Fiscal policy is the economic term that defines the set of principles and decisions of a government in setting the level of public expenditure and how that expenditure is funded. ...
Government spending or government expenditure consists of government purchases, which can be financed by seigniorage (the creation of money for government funding, at a heavy price of high inflation and other possibly devastating consequences), taxes, or government borrowing. ...
This article is about budget deficits. ...
Tax rates around the world Tax revenue as % of GDP Economic policy Monetary policy Central bank Money supply Fiscal policy Spending Deficit Debt Trade policy Tariff Trade agreement Finance Financial market Financial market participants Corporate Personal Public Banking Regulation Government debt (also known as public debt or national debt) is...
This article does not cite any references or sources. ...
Tax rates around the world Tax revenue as % of GDP Economic policy Monetary policy Central bank Money supply Fiscal policy Spending Deficit Debt Trade policy Tariff Trade agreement Finance Financial market Financial market participants Corporate Personal Public Banking Regulation For other uses of this word, see tariff (disambiguation). ...
A trade pact is a wide ranging tax, tariff and trade pact that usually also includes investment guarantees. ...
The field of finance refers to the concepts of time, money and risk and how they are interelated. ...
This article does not cite any references or sources. ...
There are two basic financial market participant catagories, Investor vs. ...
Domestic credit to private sector in 2005 Corporate finance is an area of finance dealing with the financial decisions corporations make and the tools and analysis used to make these decisions. ...
-1...
This article does not cite any references or sources. ...
For other uses, see Bank (disambiguation). ...
Fractional-reserve banking refers to a financial system in which some fraction of the deposits can be used to finance profitable but illiquid investments. ...
Economic policy Monetary policy Central bank Money supply Gold standard Fiscal policy Spending Deficit Debt Policy-mix Trade policy Tariff Trade agreement Finance Financial market Financial market participants Corporate Personal Public Regulation Banking Fractional-reserve Full-reserve Free banking Islamic Full-reserve banking is the banking practice in which the...
Please wikify (format) this article or section as suggested in the Guide to layout and the Manual of Style. ...
Islamic banking refers to a system of banking or banking activity that is consistent with Islamic law (Sharia) principles and guided by Islamic economics. ...
List of tax rates around the world This is a list of tax rates around the world. It is focused on three types of taxes: corporate and individual taxes and value added taxes (VAT). It is not intended to represent the true tax burden to either the corporation or the individual in the listed country. | Country | Income tax | VAT / GST / Sales | | Corporate | Individual |
 Algeria[1] | 30%+3% | 0-40% | 7/14/17% |
 Argentina[2] | 35% | 9-35% | 21% |
 Australia[3] | 30% | 0-45% | 10% (GST) |
 Austria[2] | 25% | 21-50% | 20% GST |
 Azerbaijan[1] | 22% | 0-35% | 18% |
 Bangladesh[1] | 0-40% | 0-25% | 4-15% |
 Barbados[4] | 40% | 25%-40% | 15% (hotel accommodation 7.5%) |
 Belarus[1] | 30% | 12-30% | 10/18% |
 Belgium[2] | 33.99% | 25-50% | 21% |
 Brazil[2] | 34% | 15-27.5% | 17-25% |
 Bulgaria[2] | 10% | 10% | 20% |
 Burundi[5] | 35% | 35% | — |
 Cameroon[1] | 38.5% | 10-35% | 19.25% |
 Canada[6] | 29.5-35.5% | 15-29% (federal) 4-17.95% (provincial) Tax rates around the world Tax revenue as % of GDP Economic policy Monetary policy Central bank Money supply Fiscal policy Spending Deficit Debt Trade policy Tariff Trade agreement Finance Financial market Financial market participants Corporate Personal Public Banking Regulation An income tax is a tax levied on the financial income...
Economic policy Monetary policy Central bank Money supply Gold standard Fiscal policy Spending Deficit Debt Policy-mix Trade policy Tariff Trade agreement Finance Financial market Financial market participants Corporate Personal Public Regulation Banking Fractional-reserve Full-reserve Free banking Islamic Value added tax (VAT), or goods and services tax (GST...
The Goods and Services Tax is a Value-added tax that exists in a number of countries. ...
A sales tax is a consumption tax charged at the point of purchase for certain goods and services. ...
Image File history File links Flag_of_Algeria. ...
Image File history File links Flag_of_Argentina. ...
Image File history File links This is a lossless scalable vector image. ...
The GST (Goods and Services Tax) is a value added tax of 10% on most goods and services sold in Australia. ...
Image File history File links Flag_of_Austria. ...
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Image File history File links Flag_of_Bangladesh. ...
Image File history File links Flag_of_Barbados. ...
Image File history File links Flag_of_Belarus. ...
Image File history File links Flag_of_Belgium_(civil). ...
Image File history File links Flag_of_Brazil. ...
Image File history File links Flag_of_Bulgaria. ...
Image File history File links Flag_of_Burundi. ...
Image File history File links Flag_of_Cameroon. ...
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| 5% (GST) 0-10% (provincial sales taxes) The Canadian Goods and Services Tax (GST) (French: Taxe sur les produits et services, TPS) is a multi-level value-added tax introduced in Canada on January 1, 1991, by Prime Minister Brian Mulroney and finance minister Michael Wilson. ...
In Canada there are three types of sales taxes: provincial sales taxes, the federal GST and the HST in Atlantic Canada. ...
|
 Chile[7] | 17% | 0-40% | 19% |
 China[2] | 25% | 5-45% | 17% |
 Colombia[1] | 35% | 0.29-38.5% | 16% |
 Croatia[1] | 20% | 15-45% | 22% |
 Cuba[1] | 30% | 10-50% | 12% |
 Cyprus[2] | 10% | 20-30% | 15% |
 Czech Republic[2] | 21% | 15% | 19% |
 Denmark[8] | 22% | 38-59% | 25% |
 Egypt[2] | 20% | 10-20% | — |
 Estonia[2] | 22% | 22% | 18% |
 Finland[2] | 26% | 9-32% national, 16-21% municipal | 22% |
 France[2] | 33.33% | 10-40% | 19.6%/5.5% on certain goods (e.g. food) |
 Germany[2] | 29.8% (average) | 15-45% | 19%/7% on certain goods (e.g. food) |
 Georgia[1] | 20% | 12% | 18% |
 Gibraltar[2] | 33% | 17-40% | — |
 Greece[2] | 22/25% | 0-40% | 19% |
 Guatemala[1] | 31% | 15-31% | 12% |
 Guyana[9] | 35%/45% | 33⅓% | 16%/0% |
 Hong Kong[10] | 16.5% | 0-15% | — |
 Hungary[2] | 16% | 18% and 36% | 20% |
 Iceland[1] | 18/26% | 0-36.72%[11] | 0/14/24.5% |
 India[2] | 30-40% | 10-30% | 12.5% |
 Indonesia[2] | 30% | 5-35% | 10% |
 Ireland[2] | 12.5% | 20-41% | 21% |
 Israel[2] | 27% | 10-47% | 15.5% |
 Italy[2] | 33% | 23-43% | 20% |
 Japan[2] | 30% | 5-40% | 5% (consumption) |
 Jordan[1] | 15/25/35% | 5-30% | 16% GST |
 South Korea[1] | 13/25% | 9%-21.375% + 36% excess | 10% |
 Latvia[2] | 15% | 25% | 18% |
 Lebanon[1] | 15/4-21% | 2-20% | 10% |
 Lithuania[2] | 15% | 15%/27% | 18% |
 Luxembourg[2] | 29.63% | 6-38.95% | 15% |
 Malaysia[1] | 28% | 0-28% | 5% GTS |
 Malta[2] | 35% | 0-35% | 18% |
 Mexico[2] | 29% | 3-29% | 15% |
 Monaco[2] | 33.33% | 0% | 19.6% |
 Montenegro[2] | 9% | 15% | 17% |
 Morocco[2] | 35% | 0-41.5% | 20% |
 Nepal | N/A | 10% to 25%[12] | 13%[13] |
 Netherlands[2] | 29.6% | 0-52% | 19% |
 New Zealand[2] | 30% | 0-39% | 12.5% GST |
 Norway[2] | 28% | 28-51.3% | 25% |
 Pakistan[2] | 35% | 7.5-35% | 15% |
 Panama[1] | 30% | 0-27% | 0/5% |
 Peru[1] | 27% | 15-27% | 2/19% |
 Philippines[2] | 35% | 5-32% | 12% |
 Poland[2] | 19% | 19-40% | 22%, 7% (reduced rate on certain goods) |
 Portugal[2] | 27.5% | 10.5-40% | 21% |
 Romania[2] | 16% | 16% | 19% |
 Russia[2] | 24% | 13% | 18%, 10% and 0% (reduced rates are for certain goods) |
 Saudi Arabia[14] | 20%-85%
11% Social security | Residents 2.5% Zakat
Non-residents 20% | — |
 Senegal[1] | 33% | up to 50% | 20% |
 Serbia[2] | 10% | 10/14% | 18% |
 Singapore[2] | 18% | 3.5%-20% | 7% |
 Slovakia[2] | 19% | 19% | 19% |
 Slovenia[2] | 22% | 16-41% | 20% |
 South Africa[2] | 28%[15] | 18-40% | 14% |
 Spain[2] | 25-30% | 0-42% | 16% |
 Sweden | 28%[16] | 0-59.09% [17][18] | 25%. 12% and 6% for some goods. [19] |
 Switzerland[1] | 13-25% | 0-13.2% (federal) | 3.6/2.4/7.6% |
 Syria[1] | 10-45% | 5-15% | Debuts in 2008 |
 Republic of China[2] | 25% | 6-40% | 5% |
 Thailand[2] | 30% | 5-37% | 7% |
 Tunisia[1] | 30% | 0-35% | 6/12/18% |
 Turkey[2] | 20% | 15-35% | 18% |
 Ukraine[1] | 25% | 0-40% | 20% |
 United Arab Emirates[1] | 0% | 0% | 0% |
 United Kingdom [20] | 21-28% | 0,20,40% 0-11% (National Insurance) Image File history File links Flag_of_Chile. ...
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This article is about the country in Europe. ...
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Image File history File links No higher resolution available. ...
Image File history File links Flag_of_Panama. ...
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Image File history File links Flag_of_Russia. ...
Image File history File links Flag_of_Saudi_Arabia. ...
This is a sub-article of Islamic economical jurisprudence. ...
Image File history File links Flag_of_Senegal. ...
Image File history File links Flag_of_Serbia. ...
Anthem: Serbia() on the European continent() — [] Capital (and largest city) Belgrade Official languages Serbian Recognised regional languages Hungarian, Slovak, Romanian, Croatian, Rusyn 1 Albanian 2 Demonym Serbian Government Parliamentary Democracy - President Boris Tadić - Prime Minister Vojislav Koštunica - First state 7th century - Serbian Kingdom3 1217 - Serbian Empire 1345 - Independence lost...
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Image File history File links Flag_of_Slovenia. ...
Image File history File links Flag_of_South_Africa. ...
Image File history File links Flag_of_Spain. ...
Image File history File links Flag_of_Sweden. ...
Image File history File links Flag_of_Switzerland. ...
Image File history File links Flag_of_Syria. ...
Image File history File links Flag_of_the_Republic_of_China. ...
For the Chinese civilization, see China. ...
Image File history File links Flag_of_Thailand. ...
Image File history File links Flag_of_Tunisia. ...
Image File history File links Flag_of_Turkey. ...
Image File history File links Flag_of_Ukraine. ...
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Tax rates around the world Tax revenue as % of GDP Part of the Taxation series UK Income Tax and National Insurance (2005–2006) UK Income Tax and National Insurance as a % of Salary (2005–2006) National Insurance (NI) is a system of taxes and related social security benefits in the...
| 17.5% |
 United States[21][22][23][24][25] | 15-39% (federal income)
0-12% (state income) | 0-35% (federal income)
0-10.3% (state income)
0-7.65%(federal payroll) | 0-10.25% (state and local sales tax) |
 Uruguay[1] | 30% | ?-24.125% | 23% |
 Uzbekistan[1] | 12% | 13-30% | 10-20% |
 Venezuela[1] | 15/22/34% | 6-34% | 8-10%/9% |
 Vietnam[2] | 28% | 0-40% | 10% |
 Zambia[2] | 35% | 10-30% | 17.5% | Image File history File links This is a lossless scalable vector image. ...
Corporate tax in the United States is a tax on the taxable income of a C corporation or an entity taxed as a C corporation. ...
States with no state income tax are in red, states taxing only dividend and interest income are in yellow Tax rates around the world Tax revenue as % of GDP Part of the Taxation series State income tax is an income tax in the United States that is levied by each...
FairTax Flat tax Tax protester arguments Constitutional Statutory Conspiracy Taxation by country Tax rates around the world Tax revenue as % of GDP Part of the Taxation series The federal government of the United States imposes a progressive tax on the taxable income of individuals, partnerships, companies, corporations, trusts, decedents estates...
States with no state income tax are in red, states taxing only dividend and interest income are in yellow Tax rates around the world Tax revenue as % of GDP Part of the Taxation series State income tax is an income tax in the United States that is levied by each...
For other uses, see FICA (disambiguation). ...
Tax rates around the world Tax revenue as % of GDP Part of the Taxation series A sales tax is a tax on consumption and is normally a certain percentage that is added onto the price of goods or services that are purchased. ...
Image File history File links Flag_of_Uruguay. ...
Image File history File links Flag_of_Uzbekistan. ...
Image File history File links Flag_of_Venezuela. ...
Image File history File links Flag_of_Vietnam. ...
Image File history File links Flag_of_Zambia. ...
See also This table lists OECD countries by total tax revenue as percentage of GDP (as of 2005). ...
Dividend imputation in the Australian tax system allows companies to attach franking credits to dividends paid. ...
vat can be a type of barrel used for storage. ...
Tax Freedom Day is the first day of the year in which a nation as a whole has theoretically earned enough income to fund its annual tax burden. ...
There are three main interpretations of the idea of a welfare state: the provision of welfare services by the state. ...
A tax haven is a place where certain taxes are levied at a low rate or not at all. ...
Notes - ^ a b c d e f g h i j k l m n o p q r s t u v w x y z FITA
- ^ a b c d e f g h i j k l m n o p q r s t u v w x y z aa ab ac ad ae af ag ah ai aj ak al am an ao ap aq ar as at au av aw ax worldwide-tax.com
- ^ International Tax and Business Guides - Economic Data - Statistics - Tax - EIU - The Economist - Foreign Investment - Deloitte Touche Tohmatsu
- ^ Income Tax and Fiscal Incentives
- ^ Index of Economic Freedom
- ^ Income tax rates from Canada Revenue official site [1]; Quebec has a separate income tax system: [2]. Both accessed March 31, 2008.
- ^ Servicio de Impuestos Internos
- ^ Ministeriet for Videnskab, Teknologi og Udvikling
- ^ Ram & McRae's Investors Information Package
- ^ 2008-09 Budget - Tax Concessions
- ^ Invest in Iceland Agency - Taxation in Iceland
- ^ UN salaries, tax - Nepali Times
- ^ eKantipur.com
- ^ International Tax and Business Guides - Economic Data - Statistics - Tax - EIU - The Economist - Foreign Investment - Deloitte Touche Tohmatsu
- ^ South Africa budget
- ^ Belopp och procent - inkomstår 2008/taxeringsår 2009 | Skatteverket
- ^ Högsta och lägsta kommunalskatten 2008 - Statistik från SCB
- ^ Belopp och procent - inkomstår 2008/taxeringsår 2009 | Skatteverket
- ^ VAT rates Sweden - Skatteverket
- ^ HM Revenue & Customs Budget 2008 Press Notice PN02
- ^ U.S. Federal Individual Income Tax Rates History, 1913-2008, Tax Foundation, January 7, 2008
- ^ State Corporate Income Tax Rates, Tax Foundation, January 26, 2007
- ^ State Individual Income Tax Rates, 2007, Tax Foundation, February 3, 2008
- ^ State and Local Sales and Use Taxes and Internet Commerce, CRS Report for Congress, Steven Maguire, January 28, 2005
- ^ [3], Chicago Cook County Board Approves 1% Sales Tax Hike, March 1, 2008,
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Year 2007 (MMVII) was a common year starting on Monday of the Gregorian calendar in the 21st century. ...
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2008 (MMVIII) is the current year, a leap year that started on Tuesday of the Anno Domini/Common Era, in accordance with the Gregorian calendar. ...
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2008 (MMVIII) is the current year, a leap year that started on Tuesday of the Anno Domini/Common Era, in accordance with the Gregorian calendar. ...
External link The Tax Foundation logo The Tax Foundation is a Washington-D.C.-based tax research organization founded in 1937. ...
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