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Tax Rates Worldwide



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Country

Income Tax

VAT

Corporate

Individual

Argentina 35% 9-35% 21%
Australia 30% 17-45% 10%GST
Austria 25% 21%-50% 20%
Belgium 33.99% 25-50% 21%
Brazil 34% 7.5-27.5% 17-25%
Bulgaria 10% 10% 20%
Canada 19.5%(federal) 15-29%(Federal) 5%(gst)
China 25% 5-45% 17%
Cyprus 10% 20-30% 15%
Czech Rep. 20% 15% 19%
Denmark 25% 38-59% 25%
Egypt 20% 10-20% 10%gst
Estonia 21% 20% 20%
Finland 26% 7.0-30.5% 22%
France 33.33% 5.5-40% 19.6%
Germany 30-33%(effective) 14-45% 19%
Gibraltar 27% 0-40% -
Greece 25% 0-40% 19%
Hong kong 16.5% 2-17% -
Hungary 16% 18% and 36% 25%
India 30-40% 10-30% 12.5%
Indonesia 28% 5-30% 10%
Ireland 12.5% 20-41% 21.5%
Israel 26% 10-46% 16.5%
Italy 31.4% 23%-43% 20%
Japan 30% 5-50% 5%(consump)
Latvia 15% 23% 21%
Lithuania 20% 15%/20% 19%
Luxemburg 21% 0-38% 15%
Malta 35% 15-35% 18%
Mexico 28% 0-28% 15%
Monaco 33.33% 0% 19.6%
Morocco 35% 0-41.5% 20%
Montenegro 9% 12% 17%
Netherlands 20-25.5% 0-52% 19%
New Zealand 30% 0-39% 12.5%gst
Norway 28% 28-49% 25%
Pakistan 35% 0-25% 15%
Philippines 30% 5-32% 12%
Poland 19% 18%/32% 22%
Portugal 25% 0-42% 20%
Romania 16% 16% 24%
Russia 20% 13% 18%
Saudi Arabia 20% 20% --
Serbia 10% 10-20% 18%
Singapore 18% 3.5%-20% 7% (gst)
Slovakia 19% 19% 19%
Slovenia 21% 16%-41% 20%
South Africa 28% 0-40% 14%
Spain 30% 24-43% 16%
Sweden 26.3% 0-57% 25%
Taiwan 25% 6-40% 5%
Thailand 30% 5-37% 7%
Tunisia 30% 15-35% 18%
Turkey 20% 15-35% 18%
U.K. 28% 0-40% 15%
Ukraine 25% 15% 20%
U.S.A. 15-35% 15-35% -
Vietnam 25% 5-35% 10%
Zambia 35% 0-35% 16%

1. The information above may be outdated.
2. In countries in which VAT is charged at a number of different rates, the rate in the Table is the highest rate.
3. The rates in the Table do not include Local tax, if it exists.

Published - August 2009

 

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