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Economy > Government > Revenue > Tax Stats: compare key data on India & Malaysia

Definitions

  • Corporate tax: Corporate tax.

    No date was available from the Wikipedia article, so we used the date of retrieval.

    Bangladesh had range specified: 45%-0%

    Maldives had range specified: 15%-0%

    Mexico had range specified: 30%-28%

    Spain had range specified: 30%-25%

    Sri Lanka had range specified: 35%-0%

    Switzerland had range specified: 25%-13%

  • Maximum tax rate for individuals: Individual (max).

    No date was available from the Wikipedia article, so we used the date of retrieval.

    Mexico had range specified: 29%-3%

  • Tax burden, % of GDP: Overall taxes, including all forms of direct and indirect taxation at all levels of government, as a percentage of GDP.
  • Taxes foreign income of nonresident citizens: Indicates whether or not a tax is levied on the foreign income of non-resident citizens. An asterisk indicates that certain exemptions exist.
  • Taxes foreign income of resident foreigners: Indicates whether or not a tax is levied on the foreign income of resident foreigners.
  • Taxes local income of nonresident individuals: Indicates whether or not a tax is levied on income generated in the country by individuals who are not residents (applies to both, citizens and foreigners).
  • Taxes local income of resident citizens: Indicates whether or not a tax is levied on income generated within the country by individuals who are both citizens and residents of this country.
  • Taxes local income of resident foreigners: Indicates whether or not a tax is levied on income generated within the country by resident foreigners
STAT India Malaysia
Corporate tax 30%
Ranked 10th. 20% more than Malaysia
25%
Ranked 20th.
Maximum tax rate for individuals 0.0
Ranked 26th.
0.0
Ranked 44th.
Tax burden, % of GDP 7
Ranked 166th.
15.3
Ranked 120th. 2 times more than India
Taxes foreign income of nonresident citizens no no
Taxes foreign income of resident foreigners yes no
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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