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Economy > Government > Revenue > Tax Stats: compare key data on Germany & Iceland

Definitions

STAT Germany Iceland
Maximum Income tax rate 45%
Ranked 10th.
46.28%
Ranked 8th. 3% more than Germany
Maximum tax rate for individuals 0.0
Ranked 32nd.
0.0
Ranked 28th.
Tax burden, % of GDP 37.1
Ranked 15th. 3% more than Iceland
36
Ranked 19th.
Taxes foreign income of nonresident citizens no no
Taxes foreign income of resident foreigners yes yes
Taxes local income of nonresident individuals yes yes
Taxes local income of resident citizens yes yes
Taxes local income of resident foreigners yes yes

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