Income Tax Rates By Country Europe

Estonia 21 3 percent latvia 21 4 percent and the czech republic 31 1 percent have the lowest top income tax rates of all european countries covered.

Income tax rates by country europe. Most jurisdictions have lower rate of taxes for low levels of income. The quoted income tax rate is except where noted the top rate of tax. The eu countries with the lowest tax rates for income tax are. Some countries also have lower rates of corporation tax for smaller companies.

Chapter 4 countries tax revenue and of gdp by level of government and main taxes. Romania 16 however please remember that other taxes apply. Revenue statistics latin american countries. Income tax by eu country.

List of countries by personal income tax rate provides a table with the latest tax rate figures for several countries including actual values forecasts statistics and historical data. A comparison of tax rates by countries is difficult and somewhat subjective as tax laws in most countries are extremely complex and the tax burden falls differently on different groups in each country and sub national unit. The united states comes in at 12 2 in this category giving it the 25th highest tax rate. All in average personal income tax rates at average wage by family type.

This page displays a table with actual values consensus figures forecasts statistics and historical data charts for list of countries by personal income tax rate. 620 000 by lowering tax rates. Like many of its western balkan neighbors montenegro has sought to attract business to its small country population. Bulgaria 10 czech republic 15 hungary 15 lithuania 15 and.

This page displays a table with actual values consensus figures forecasts statistics and historical data charts for list of countries by personal income tax rate. The countries with the lowest all in average personal income tax rates on married single earner couples. In 1980 the top rates of most european countries were above 60. The countries with the highest top income tax rates are slovenia 61 1 percent portugal 61 0 percent and belgium 60 2 percent.

Montenegro boasts the lowest headline personal income tax and corporate income tax rates in europe both pegged at a flat 9. Chapter 3 table 3 15 tax revenues of subsectors of general government as of total tax revenue. List of countries by personal income tax rate provides a table with the latest tax rate figures for several countries including actual values forecasts statistics and historical data. While almost all of eastern europe offers rather reasonable tax.

The threshold at which the top income tax rate applies also plays an important role. Today most european countries have rates below 50. The top individual income tax rate applies to the share of income that falls into the highest tax bracket.