Income Tax Rates By Country

Spain france and germany all have the same 30 tax rate for the average citizen but germany has.

Income tax rates by country. The countries with the lowest all in average personal income tax rates on married single earner couples. Excel text file csv pc axis. The portuguese tax system is designed to bridge the gap and increase equality between high income earners and low income earners in the country. Corporate tax rates indirect tax rates employer social security rates and employee social security rates and you can try our interactive tax rates tool to compare tax rates by country jurisdiction or region.

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. Another european nation follows sweden closely in the income tax rate. Tax rates vary in each country from over 50 to 0 for the average wage earner in the country. Kpmg s individual income tax rates table provides a view of individual income tax rates around the world.

All in average income tax rates at average wage 13 13 year 20 layout. Portugal is a developed country with a high income rate. Chapter 3 table 3 15 tax revenues of subsectors of general government as of total tax revenue. Data is also available for.

Countries around the world usually implement one of four types of tax systems. The lowest earners make 562. The united states comes in at 12 2 in this category giving it the 25th highest tax rate. 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.

In other words if you spend more than the allotted 183 days in country xyz your worldwide income will be taxed in other cases just being a resident in a. The general rule of thumb with the residential system is 183 days. According to older data the residents of aruba have an average monthly employment income of 1 543 per person. The top individual income tax rate applies to the share of income that falls into the highest tax bracket.

Chapter 4 countries tax revenue and of gdp by level of government and main taxes. Zero taxation residential taxation citizenship based taxation or territorial taxation. It is the 45th largest economy in the world and the tax rate is 56 5. 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.