The highest corporate tax rate in the world belongs to the United Arab Emirates, with a 2018 tax rate of up to 55%, according to KPMG. Other countries with higher than average corporate tax rates include India (35%), Venezuela (34%), Brazil (34%) and Japan (30.86%). The list focuses on the main indicative types of taxes: corporate tax, individual income tax, and sales tax, including VAT and GST, but does not list capital gains tax. Some other taxes (for instance property tax , substantial in many countries, such as the United States) and payroll tax are not shown here. This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - List of Countries by Corporate Tax Rate. List of Countries by Corporate Tax Rate - provides a table with the latest tax rate figures for several countries including actual values, forecasts, statistics and historical data. The United States, Burundi, Gabon, Pakistan, Argentina, Zambia, and Benin charge a corporate tax rate of 35%. The US, which is the biggest economy charging this high rate, has seen various tax reviews made to integrate various states tax requirements. In 2017, the United Arab Emirates was the country with the highest corporate tax rate across the globe. With a corporate tax of 40%, the country’s tax rate remained steady between 2017 and 2019. The country with the lowest tax rate in 2017 was a tie between… The Bahamas; Bahrain ; Both of these countries had a corporate tax of 0% in 2017. Corporate tax rates can vary significantly by region. Africa has the highest average statutory tax rate among all regions, at 28.81 percent. Europe has the lowest average statutory corporate tax rate among all regions, at 18.38 percent. When weighted by GDP, South America has the highest average statutory corporate tax rate at 32.2 percent. The long answer: The U.S. has the highest top corporate tax rate at least among advanced economies. Compared with nations in the OECD — the Organization for Economic Cooperation and Development, a
2 Feb 2018 Affluent nations that boast the most business-friendly tax regimes. SmartPhotoLab/Shutterstock. The US has slashed corporate taxes and no 22 Jan 2019 The five countries with the highest ETRs (as well as some of the highest statutory tax rates) are all non-EU member states: Peru, Columbia, 30 Jan 2020 Prior to the passage of TCJA, the U.S. corporate tax rate was 35 percent did peer nations, despite having high—and rising—corporate profits, 2 Jul 2018 Prior to tax reform, the U.S. had a corporate tax rate that was just under That put the U.S. in the top three countries in the world in terms of corporate tax, rates will only concentrate more wealth in the hands of high-income
25 Feb 2014 In which countries do high earners pay the most tax? And where do average earners pay the most? 3 May 2011 The United States has the second-highest corporate tax rate in the other countries generally do not offer, United States corporations pay only 1 Jun 2018 If the draft law is approved by parliament, it would be the highest corporate income tax rate in East Africa, where most countries have a flat 27 Mar 2012 NEW YORK (CNNMoney) -- On Sunday, the United States gets a distinction no nation wants -- the world's highest corporate tax rate. Japan
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 list focuses on the main indicative types of taxes: corporate tax, individual American Samoa, 44% (highest rate)
4 Jun 2013 While the United States has one of the highest statutory corporate income-tax rates among advanced countries, the effective corporate