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Economy > Tax > Components of taxation Stats: compare key data on United Kingdom & United States

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Definitions

  • Corporate income tax: Corporate Income tax as a percentage of total tax collected by the country. Data is for 2002.
  • Goods and service tax: Goods and service tax as a percentage of total tax collected by the country. Data is for 2002.
  • Personal income tax: Personal Income tax as a percentage of total tax collected by the country. Data is for 2002.
  • Property tax: Property tax as a percentage of total tax collected by the country. Data is for 2000.
  • Social security > Contribution by employer: Tax on employer's contribution of social security as a percentage of total tax collected by the country. Data is for 2002.
  • Social security > Employees contribution: Tax on employee's contribution of social security as a percentage of total tax collected by the country. Data is for 2002.
STAT United Kingdom United States
Corporate income tax u8.1%
Ranked 16th. 21% more than United States
u6.7%
Ranked 20th.
Goods and service tax 32.7%
Ranked 13th. 86% more than United States
17.6%
Ranked 30th.
Personal income tax 29.8%
Ranked 11th.
37.7%
Ranked 5th. 27% more than United Kingdom
Property tax 11.9%
Ranked 1st. 18% more than United States
10.1%
Ranked 3rd.
Social security > Contribution by employer 9.6%
Ranked 19th.
13%
Ranked 15th. 35% more than United Kingdom
Social security > Employees contribution 6.8%
Ranked 19th.
11.7%
Ranked 10th. 72% more than United Kingdom

SOURCES: OECD Revenue Statistics

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