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taxrates

Individual(min)

Individual (max)

Payroll tax (usuallyreduces taxable

income)

VAT / GST / Sales

Primarytax

articl

es

Afghanistan[1]

20% 2% to 5% [2]

Taxationin

Afghanistan

Albania [1] 10% 20% [3]

Taxsystemin

Albania

Algeria [4] 19% 0%17% [5] or 14%or 7% [6]

Taxationin

Algeria

Andorra [cit

ation needed ] 10% [7] 0% 0% N/A 4.5% or 1% [8]

Taxation

in Andorra

Angola [1] 35% 1% 42.75% 10% [9] Taxationin

Angola

Argentina 35% 9% 35% 21% [10]

Taxationin

Argentina

Armenia [1] 20% 0% 20% 18%. 20% [11] Taxationin

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taxrates

Individual(min)

Individual (max)

Payroll tax (usuallyreduces taxable

income)

VAT / GST / Sales

Primarytax

articl

es

Armenia

Aruba [1] 28% [12] Taxationin Aruba

Australia [1

3]

30%(28.5%from2015 )[14]

0%

45%

1.5%

(Medicare

levy)

4.75%-6% (state )[15] 10% GST (0%on essentialitems )[16]

Taxationin

Australia

Austria [1] 25% 0% 50% 20% [17] Taxationin

Austria

Azerbaija

n[18]

20% 14% 25% 18% [19]

Taxationin

Azerbaijan

Bahamas [

20] 0% [21] 0% 0% 9.8% [22] 0%

Taxationin theBahamas

Bangladesh [1]

45%-0% 0% 25% 15% [23]

TaxationinBangladesh

Barbados [

24] 25% 25% 35%

17.5% [25] (hotelaccommodation 7.5%)

TaxationinBarbados

Bahrain 0% [26]

Belarus [4] 18% 12% 12% 35% 20% [27] or 10% Taxation

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Country/Region

taxrates

Individual(min)

Individual (max)

Payroll tax (usuallyreduces taxable

income)

VAT / GST / Sales

Primarytax

articl

es

inBelarus

Belgium [1] 33.99% 0% 55% 37.84% [28]

21% [29] (6% foressential andselectedgoods)

TaxationinBelgium

Benin [citatio

n needed ] 35% 35% 18% [30]

Taxationin Benin

Bermuda 0% [31]

Bhutan 0% 25% [32] TaxationinBhutan

Bolivia

25% (IUE:on profits) – 3% (IT:incomeresulting

fromtransactions)

0% 13%

13% (RC-IVA:Complementary Regime tothe VAT – withholding tax -the employee can deduct itentirely using the bills fromproducts or servicesacquired)

13% [33] (VAT) – multiplerates (ICE:Consumption

of specificproducts)

Taxationin Bolivia

BosniaandHerzegovina

10% FBiH, 10% RS [34]

5% FBiH, 0 –

15% RS [34] 33.76% FBiH, 42 –

57% RS [34] 17% FBiH and RS [34][35]

TaxationinBosnia

Botswana 15% (plus10%surcharge)

25% 12% [36]

TaxationinBotswana

Brazil [1] 34% 0% 27.5% 31% 17% to 25% [37] Taxationin Brazil

Brunei 23.5% 0% 0% N/ A[38]

Taxationin Brunei

Bulgaria 10% 10% 20% [39] Taxationin

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taxrates

Individual(min)

Individual (max)

Payroll tax (usuallyreduces taxable

income)

VAT / GST / Sales

Primarytax

articl

es

Bulgaria

BurkinaFaso

30%-10% 2% 30% 18% [40]

TaxationinBurkinaFaso

Burundi [41

] 35% 35% N/A 18% [42]

TaxationinBurundi

Cambodia

10% [43]

TaxationinCambodia

Cameroon[4]

38.5% 10% 35% 19.25%

TaxationinCameroon

Canada [44

]

11%-15%(federal) +0%-16%(provincial)

0%(federal)+ 0%(provincial)

54.75%

(federal +provincial)15%-29%(federal) +5%-25.75%(provincial )[4

5][46]

4.95% (CPP ) + 1.78%(Employment Insurance EI)

5%

(federal GST ) withexemptions forsmall-businesse s [47] + 0%-10%(PST )[48]

TaxationinCanada

CapeVerde

15% [49] Taxationin CapeVerde

CaymanIslands

0% [50]

Central AfricanRepublic

19% [51]

TaxationinCentral

AfricanRepublic

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Country/Region

taxrates

Individual(min)

Individual (max)

Payroll tax (usuallyreduces taxable

income)

VAT / GST / Sales

Primarytax

articl

es

Chile [52] 20% 0% 40%

10% (AFP private retirementfund) + 2 to 3% (AFPadministrative costs) + 7%(healthcare insurance) +0.6% (unemploymentinsurance) = up to around20% of income before taxes(each item has an upper

payment limit)

19% [53] Taxationin Chile

China [1] 25% 5% 45%17% withmanyexceptions [54]

Taxsystemin China

Colombia [

4] 33% 0% 33% 16% [55]

TaxationinColombia

CostaRica

30% (10%or 20% forsmallbusinesses)

0% 25% 9% social security charge. 13% [56] Taxationin CostaRica

Croatia [4] 20% 12% 40%37.2% (nationwide )[57] 0 – 18% (local)

25% [58] (0% onbooks andsome foods)

TaxationinCroatia

Cuba [4] 30% 10% 50%2.5% to20% [59]

Taxationin Cuba

Cyprus[1]

10% 0% 35% 6.8%

18% [60] (5% or

0% for certaingoods)

Taxation

inCyprus

CzechRepubli c[1]

19% 15% 47.5%21% [61] or 15%(certaingoods)

Taxationin CzechRepublic

Denmark [6

2] 25%(2014:24%

0% [63] 51.7% [63] 8% 25%Taxationin

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Country/Region

taxrates

Individual(min)

Individual (max)

Payroll tax (usuallyreduces taxable

income)

VAT / GST / Sales

Primarytax

articl

es

2015:23%2016:22%)

Denmar k

Dominican Republic

29% 0% 25%

10% (AFP private retirementfund) + 10% (healthcareinsurance) = up to around20% of income before taxes,14% pay by the employerand 6% pay by the

employee (each item has anupper payment limit)

16% [64]

TaxationinDominicanRepublic

Egypt [65] 20% 10% 20% N/A

10%(standard),25% (luxurygoods), 0%(exports )[66]

Taxationin Egypt

ElSalvador

30%/25% 0% 30% 13%Taxationin ElSalvador

Estonia [1]

0% onprofitretained incompany;flat 21%whenearnedprofit isdistributedto

shareholders

21% 21% 33% 20% or 9%TaxationinEstonia

Finland [1] 24.5% [67]

6.5%national

16%

municipal

30%national

21%

municipal

24%14% (food andfodder)10% (e.g.accommodatio

TaxationinFinland

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taxrates

Individual(min)

Individual (max)

Payroll tax (usuallyreduces taxable

income)

VAT / GST / Sales

Primarytax

articl

es

n and culture)

France [1] 33.33% 0%45%/ 75%(in 2014)(income tax)

66%19.6% or 7%or 5.5% or2.1%

TaxationinFrance

Gabon 35% 5% 35% 2.6% 18%TaxationinGabon

Germany 29.8%(average )[1

2] 0% 45%

41%, 15% for one of themany public healthinsurances (fixed rate bylaw), as well as a solidaritytax (depending on income)and a 26% social securitytax (retirement +unemployment)

19% or 7%(e.g. food)

TaxationinGermany

Georgia [4] 15% 20% 18%TaxationinGeorgia

Gibraltar 10% 17% 40% N/A 0%TaxationinGibraltar

Greece 25%/22% 0% 45% 44% 23% [68] or 11%TaxationinGreece

Guatemala [4]

31% of NetIncome or5% of

Revenue

5% 7%17.5% (Social Security,Recreation and Technical

Training Institutes)

12%

TaxationinGuatem

ala

Guyana [69

] 40%/30% 33⅓% 16% or 0%

TaxationinGuyana

HongKong [70]

16.5% 0% 15%5% mandatory personaldefined contribution pension.40% of Hong Kong

0% Taxation

in Hong

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taxrates

Individual(min)

Individual (max)

Payroll tax (usuallyreduces taxable

income)

VAT / GST / Sales

Primarytax

articl

es

Government revenue is fromindirect taxation such asland revenue & investmentincome [71]

Kong

Hungary 19% and10% 16% 16% 34.5% (2013)

27%, 18%(milk, dairyproducts, flour,cereals,

bakeryproducts etc.),5%(medicines,books etc.)

Taxation

inHungary

Iceland [4] 20% 0% 46% 6% 25.5% or 7%

Taxation

in

Iceland

India 30% [72] 0% 33% 12.5% - 2% 14.5% - 5.5%Taxation

in India

Indonesia 25%starting FY2010

5% 30% 10%

TaxationinIndonesia

Iran 25% 0% 35% 35%-15%1.5-10%depending onitem

Taxationin Iran

Ireland 25%/12.5%/10%

0% 41% 11%-0%

23% Goods9%-13.5%Services0% certainitems of food

Taxation

in

Ireland

Israel 26.5% 11.5% 52%as employee (by others) youpay

18% on all theproducts and

Taxationin Israel

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taxrates

Individual(min)

Individual (max)

Payroll tax (usuallyreduces taxable

income)

VAT / GST / Sales

Primarytax

articl

es

up to 5280 (Monthly) 10% to

63 360 (annual) 11%

From 5281 to 9010

(Monthly) 15%

From -9011 to 14,000

(Monthly) 22%

From -14 001 to 20 000

(monthly) 32.4%

From -20 001 to 41 830

(monthly) 36%

From -41 831 to 67,630

(monthly)50%

more than: 67,630 (monthly)

52%

that's NOT INCLUDE the

10% up to 23.5% (national

and health insurance

taxes)self employees has

higher rate ( in both) than

that by far.

services(except fromvegetablesand fruits) ,

between

216 % to

231% on a

private car(plus the

18%...)

280% on fuel

and soler on

the Gas

station (plus

the 18% on

the top of that)(about 2.30$

per litre)

Italy 31.4% 23% 43% 39% [73] page 1922% or 10% or4% (food,books)

Taxationin Italy

Jamaica 33.3% 0% 25% 25% 17.5%TaxationinJamaica

Japan [74] 38.01% 5% 50% (40% 25.63% 5% Taxation

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taxrates

Individual(min)

Individual (max)

Payroll tax (usuallyreduces taxable

income)

VAT / GST / Sales

Primarytax

articl

es

national +10% local)

(consumption) in Japan

Jordan [4] 30%/24%/14%

0% 14% 16% (GST)TaxationinJordan

Kazakhstan[4]

17.5%,15%(2011-

)[12]

10% 11% 12%

TaxationinKazakhstan

Kenya 30%/37.5% [75]

10% 30%

16%/12%(electricity &fuel) VAT +12.5% Withholding tax

Taxationin Kenya

Kuwait

10%, 0%ondividend s [7

6]

SouthKorea [4]

22%,20%,10% [77]

6% +0.6%

38% + 3.8% 10%Taxationin SouthKorea

Latvia [78] 15% 24%35.09% (11% by theemployee)

21% [79] Taxationin Latvia

Lebanon [4

] 15/4-21% 2% 20% 10%

TaxationinLebanon

Liechtenstein[80][81]

12.5% 1.2% 17.82% 11.6%

7.6%-3.6%,(lodgingservicesadditional2.4%)

Taxationin

Liechten

stein

Lithuania [

citation needed ] 15% [82] 0% 15% 39.98% 21%

Taxationin

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taxrates

Individual(min)

Individual (max)

Payroll tax (usuallyreduces taxable

income)

VAT / GST / Sales

Primarytax

articl

es

Lithuania

Luxembourg

28% [83] 6%

40% [84] +12.45%socialsecuritycharges [85]

15%

TaxationinLuxemburg

Macau [1] 12%TaxationinMacau

Macedonia [1]

10% 10% 18% or 5%

TaxationinMacedonia

Malaysia [1

] 25% 0% 26%

2.25%, 21% to ProvidentFun dhttp://www.mohr.gov.my/pdf/sohchee.pdf

TaxationinMalaysia

Maldives [8

6] 15%-0% [87]

6% SinceJanuary 1,2012(Increasedfrom 3.5% seton October 2,2011 )[88]

TaxationinMaldives

Malta

6.25%-0%effectivetax rate

due toimputationsystem,followingcredits &refund s [89]

0% 35% 18%Taxationin Malta

Marshall 0% [12]

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Country/Region

taxrates

Individual(min)

Individual (max)

Payroll tax (usuallyreduces taxable

income)

VAT / GST / Sales

Primarytax

articl

es

Islands

Mauritius 15% 15% 15%

TaxationinMauritius

Mexico [1] 30%-28% [90]

29%-3% 35% 16%TaxationinMexico

Monaco

33.33% ifmore than25% of acompany'sturnover isgeneratedoutside ofMonaco.Otherwise,companiesdo not payany directtax on theirprofits.

Aftervariousallowabledeductions, thisresults inaneffectivecorporatetax rate ofunder6%.[91][92][93]

0% [94]

The employer's contributionto Social Security is between28%-40% (averaging 35%)of gross salary includingbenefits, and the employeepays a further 10%-14%(averaging 13%) .[92]

19.6%-5.5% [95]

TaxationinMonaco

Mongolia 10% 10% 10% 10% Taxation

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Country/Region

taxrates

Individual(min)

Individual (max)

Payroll tax (usuallyreduces taxable

income)

VAT / GST / Sales

Primarytax

articl

es

inMongolia

Montenegro

9% [96] 9% (firstEUR720 )[97]

15% [98] 19% [99]

TaxationinMontenegro

Morocco 30%[citation

needed ] 0% 38%

[citation

needed ] 20%

[citation

needed ]

TaxationinMorocco

Nepal 5% [citation

needed ] 10% 25% [100] 13% [101]

Taxationin Nepal

Netherlands

25%/20% 0% 52% [102]

21% (6% foressential andselectedgoods)

Taxation

in the

Netherla

nds

NewZealand

28% 15% 33% [103] 15% GST

Taxation

in New

Zealand

NewCaledoni a [104]

30% 0%

25% on localincome ofnon-residents

40% [105]

N/A

Nigeria

Norway [10

6]

28%(2014:27% [

107]) 0%

47.8%(2014:46.8%[108])

14.1%-0%

25% or 15%(food anddrink in shops)or 8%(transportation

TaxationinNorway

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taxrates

Individual(min)

Individual (max)

Payroll tax (usuallyreduces taxable

income)

VAT / GST / Sales

Primarytax

articl

es

, cinema, hotelrooms)

Oman 12% [109]

Pakistan 35% 7.5% 35%0% or 17%(basic fooditems)

TaxationinPakistan

Palestine 15%[citation

needed ] 5% 15% 15%-5% [citation needed ] 14.5% (VAT)

Taxation

inPalestine

Panama [4] 25% 0% 27% 7% or 0%TaxationinPanama

Paraguay 10% 8% 10% 10%

TaxationinParaguay

Peru [4] 30% 0% 30%

9% Essalud (SocialSecurity) 8.33% CTSCompensación por tiempode servicios (like aninsurance in case theemployee loses his job) 1complete additional salary inJuly and 1 completeadditional salary inDecember for Christmas.

0.75% SENATI (OnlyIndustry Jobs) 0.2%SENCICO (OnlyConstruction Workers)

18% (16%VAT + 2%MunicipalPromotionalTax) 0 – 118%ISC ImpuestoSelectivo alConsumo (Tosome products

like liquor,cigarettes,etc.)

Taxationin Peru

Philippines

30% 20% 32%

12% or 7% or0%

(in some

TaxationinPhilippin

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taxrates

Individual(min)

Individual (max)

Payroll tax (usuallyreduces taxable

income)

VAT / GST / Sales

Primarytax

articl

es

cases, foreign

investors are

zero-rated)

es

Poland [1] 19% 0%

32% (oroptional19% flat ratefor self-employed)

41.11%23% or 8% or5%

TaxationinPoland

Portugal [1] 25% 0% 54% 23.75%

Normal: 23%Intermediate:13% Reduced:6%

Madeira,

Açores: 15%,

9%, 4%

TaxationinPortugal

PuertoRico

20% [12]

Qatar [1]

10%(differentrates forcompaniesoperatingin theoil/gassector).

Qataripartnersare notrequired topay anytax on theirshare ofprofits.

0% 0% 0%Taxation

in Qatar

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Country/Region

taxrates

Individual(min)

Individual (max)

Payroll tax (usuallyreduces taxable

income)

VAT / GST / Sales

Primarytax

articl

es

Romania 16% 16% 45.15%

24% or 9%(medicines,books,newspapers,hotel ...), or4% [4]

TaxationinRomania

Russia [1]

20% (13%for SME,

0% foreducationandhealthcareindustries),6% forsmallbusiness

13% (flat)

13% (forresidents),30% (fornonresidents)

30% (10% for SME, 14% forIT industry) before annualsalary exceeds 568000RUB, 10% thereafter

0-18%

(reduced ratesfor certaingoods, no VATfor SMEexcept forimportsactivities)

TaxationinRussia

Saudi Arabi a [110]

20%

(higher foroil/gas)

0%(foreigner

s)Zakat (natives)

0%(foreigners)Zakat (natives)

11% Social security 0%

Taxation

in Saudi Arabia

Senegal [4] 25% 0% 50% 20%TaxationinSenegal

Serbia [111] 15% [112] 10%

25%(additionalcontributionsfor state

health,pension andunemployment funds )[113]

35.8% [114]

20% [115] or 8%or 0%

(reduced rates

are for certain

goods)

Taxation

in Serbia

Singapor e

17%-19% [116]

3.5% 20% 7% (GST) Income

tax in

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Country/Region

taxrates

Individual(min)

Individual (max)

Payroll tax (usuallyreduces taxable

income)

VAT / GST / Sales

Primarytax

articl

es

Singapor

e

Slovakia 23% [117] 0% 25% [118] 30% tax includingmandatory social securitytax and health care tax

20% [citation

needed ] 10% onmedicationand books

TaxationinSlovakia

Slovenia [1

]

20%(2012:18%,2013:17%,2014:16%,2015+:15%)

16% 41% 0% (abolished) 22% or 9.5%TaxationinSlovenia

South Africa

28% [119] 0% 40% 14%Taxationin South

Africa

Spain[1]

30%-25% 0% 52%21% or 10% or4%

Taxationin Spain

SriLank a [1]

35%-0% 0% 35% 12% or 0%Taxationin SriLanka

Sweden 22% [120] 30% 57% [121][122] 31.42% [123] 25% or 12% or6% [124]

TaxationinSweden

Switzerlan

d[4]

25%-

13% [125] 0%

13.2%

(federal)

8.0% or 3.8%

or 2.5%

Taxationin

Switzerland

Syria [1] 35%/28/22%

5% 15%Taxationin Syria

Taiwan [1] 17% [126] 6% 40% 5%Taxationin theRepublic

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taxrates

Individual(min)

Individual (max)

Payroll tax (usuallyreduces taxable

income)

VAT / GST / Sales

Primarytax

articl

es

of China

Tanzania 30% 15% 30%

TaxationinTanzania

Thailand 20% 5% 35% 5%-35% 7%TaxationinThailand

Trinidadand Tobago

25% 0% 25%

TaxationinTrinidad&Tobago

Tunisia [4] 30% 0% 35%18% or 12% or6%

TaxationinTunisia

Turkey[1]

20% 15% 35% 40%-35% 18%[127]

Taxation

inTurkey

Turks andCaicos Islands

0% [12]

Ukraine [4] 25% (16%from April

1, 2014)

15%

34.7%-33.2% Mandatorycontribution to the StatePension Fund. For privateentrepreneurs in simplifiedtaxation mode minimumcontribution calculation

based on minimum income(December 2011: 34.7% *1004 UAH = 348.39 UAH orabout $44 per month)

20% (17%from January

1, 2014)

Taxationin

Ukraine

United ArabEmirates [4]

0% [128] 0% [129] 0% [129] N/A Taxationin United

Arab

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Country/Region

taxrates

Individual(min)

Individual (max)

Payroll tax (usuallyreduces taxable

income)

VAT / GST / Sales

Primarytax

articl

es

Emirates

UnitedKingdom [130]

24%-20%

(decreaseto 21% in2014) ,[131]f urtherdecreasedto 20%from 1

April2015 [132]

0% 45% [133] 25.8%-0% (NationalInsurance )

20% StandardRate;5% ReducedRate for homeenergy andrenovations;0% Zero Rate

for lifenecessities -groceries,water,prescriptionmedications,medicalequipment andsupplies,publictransport,childrenclothing,books andperiodicals .[134]

Taxationin theUnitedKingdom

United

States

0%-39%(federal )[135

] +0%-12%

(state )[136]

+0%-3%(local)

0%(federal)+ 0%

(state) +0%-3%(local)

55.9% (maxoffederal+state+local)10%-39.6%(federal )[137] +0%-13.3%(state )[138] +0%-3%(local)

15.3%-2.9% (federal) +0%-2% (state) +0%-2% (local)

0%-11.725%(state andlocal)

Taxation

in the

U.S.

Uruguay [4

] 30% 0% 25% 22%

Taxationin

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Country/Region

taxrates

Individual(min)

Individual (max)

Payroll tax (usuallyreduces taxable

income)

VAT / GST / Sales

Primarytax

articl

es

Uruguay

Uzbekistan[4]

9% 5% 22% 0 – 20%

TaxationinUzbekistan

Venezuela [4]

34%/22%/15%

6% 34% 8 – 10%/12%

TaxationinVenezuela

Vietnam [1] 25% 5% 35% [139] 10%TaxationinVietnam

BritishVirgin Islands

0% [140] 0% 0% 14%-10% N/A

Taxationin theBritishVirginIslands

Yemen 20%[141]

Zambia 35%