Comparing tax rates across 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 types of taxes: corporate tax (excluding dividend taxes), individual income tax, capital gains tax, wealth tax (excluding property tax), property tax, inheritance tax and sales tax (incl. VAT and GST).

Personal income tax includes all applicable taxes, including all unvested social security contributions. Vested social security contributions are not included, as they contribute to personal wealth and will be repaid upon retirement or emigration, either as a lump sum or as a pension. Only social security contributions without a ceiling can be included in the highest marginal tax rate, as only those are effectively a tax for general distribution among the population.

The table is not exhaustive in representing the true tax burden to either the corporation or the individual in the listed country. The tax rates displayed are marginal and do not account for deductions, exemptions, or rebates. The effective rate is usually lower than the marginal rate. The tax rates given for federations (such as the USA and Canada) are averages and vary by state or province. Territories with different rates from their respective nations are in italics.

Tax rates by countries and territories

Tax jurisdictionCorporateIndividual incomeCapital gainsWealthPropertyInheritance / EstateVAT or GSTor SalesFurther readingLowestHighest 20% 0% 20% 0% Taxation in Afghanistan 15% 0% 23%15% 20% 6% Taxation in Albania 19–26% 0% 35%15% 20% 19% 9% Taxation in Algeria 34% 4% 6% 0% 0% Taxation in American Samoa 10% 0% 10% 4.5% 9.5% 2.5%, 1% or 0% Taxation in Andorra 30% 0% 17%10% 14% Taxation in Angola 0% 0% 0% Taxation in Anguilla 25%0%15% Taxation in Antigua and Barbuda 35% 15% 9% 35%15% 21% Taxation in Argentina 18% 22% 22% 10–20% 20% Taxation in Armenia 25% 7% 58.95% 1.5% Taxation in Aruba 30% 25% Businesses with annual turnover above A$2 million pay 30%, all other business pay the lower 26% rate. 0% 45%Excludes 2% Medicare levy.Excludes 1.5% Medicare Levy Surcharge Previously 50.5%, which included an additional 2% 'deficit levy' which expired in June 2017. 0–45% No0% 10% 0% Taxation in Australia 23% 0% 55%27.5% No No, but stamp duty for inherited real estate. 20% 13% 10% Taxation in Austria 20% 14% 25% 18% Taxation in Azerbaijan13.6% (SMEs, up to a taxable profit of €15,000) 16.8% (general)0% (for monthly salaries up to €654 + social security charges)36.2% (for monthly salaries above €25,200 + social security charges)4% (reduced) 9% (intermediate)

16% (standard)Taxation in Portugal 0% 0% 8.8% 12% Taxation in the Bahamas 0% 0% 10% 0% Taxation in Bahrain 32.5% 0% 25% 15% Taxation in Bangladesh 5.5% 3.0% 2.5% 1.0% 25% 38% 17.5% 7.5% Taxation in Barbados 20% 43.37% 20% 10% Taxation in Belarus 25% 55% 50% 60.45% (13.07% , 50% , 3–9% )10% No80% 21% 12% 6% Taxation in Belgium 25% 1.75%

19%

37.5% 25% 0% No 12.5% Taxation in Belize 35% 10% 35% 18% Taxation in Benin 0% 0% 0% Taxation in Bermuda 26% 0% 25% Taxation in Bhutan 29% 0% 25% 13% Taxation in Bolivia 10% 10% 17% Taxation in Bosnia and Herzegovina 22% 0% 25% 25% 14% Taxation in Botswana 40% 24–34% 15% 0% 27.5% 22.5%8% 20–30.7% Taxation in Brazil 1% 18.5% 0% 0% Taxation in Brunei 10% 10% 10% 20% Taxation in Bulgaria 27.5% 0% 25% 18% Taxation in Burkina Faso 35% 0% 35% 18% Taxation in Burundi 20% 0% 20% 10% Taxation in Cambodia 31.5% 10% 35% 19.25% Taxation in Cameroon 26.5–31% 9–13% 18% 25.69% Quebec, combined federal and provincial personal income tax rates - 2020 , Ernst & Young. 54.8% 44.5% 27.4% No No, however the deceased is considered to have sold all of their capital property for Fair Market Value immediately prior to death. Gains are added to income of the deceased on their final return. 5% to 15% Taxation in Canada 25% 16.5% 27.5% 15% Taxation in Cape Verde 0% 0% 0%While there is no sales tax or GST, the Cayman Islands impose various import duties on goods imported to the island nation. Taxation in the Cayman Islands 30% 50% 19% Taxation in the Central African Republic 20% Taxation in Chad - For corporate tax: rate of 20% introduced by Law 20630 (27 September 2012), in force from 1 January 2013. 25–27% 0% 40% 10% No25% 19% Taxation in Chile 25% Taxation in China 15% 0% 45%20%0% - 0% 13% 9% 6% 0% Taxation in China 35%"Estatuto Tributario de los Impuestos Administrados por la Dirección General de Impuestos Nacionales", ARTÍCULO 240 – TARIFA GENERAL PARA PERSONAS JURÍDICAS Retrieved 2021/01/25 0%"Estatuto Tributario de los Impuestos Administrados por la Dirección General de Impuestos Nacionales", ARTICULO 241. TARIFA PARA LAS PERSONAS NATURALES RESIDENTES Y ASIGNACIONES Y DONACIONES MODALES Retrieved 2017/12/01 35% 39% 10% 20% Colombia Individual - Other taxes Yes 19% 5% or 0% Taxation in Colombia 35% Taxation in the Comoros 20–30% 18.5% 30% 0% 15% Taxation in the Cook Islands 35% 0% 40% 5–20% Taxation in the Democratic Republic of the Congo 30% 18.9% Taxation in the Republic of the Congo 30% 0% 25% No 13% 4% 2% 1% Taxation in Costa Rica 18% 12% 12% 40% 10%5% 25% 13% Taxation in Croatia 30% 15% 50% 2.5–20% Taxation in Cuba 22% 9.75% 46.5% 6%, 7% or 9% Taxation in Curaçao 15% 0% 35% 20% 19% (standard)9%, 5%, 3% or 0% (reduced rates) Taxation in Cyprus 21% 20.1% 45.7% 39% 15% No 21% 12% Taxation in the Czech Republic 22–25% 39.86% 52.07% 42% No 15% 25% Taxation in Denmark 25% Taxation in Djibouti 25% 0% 35% 15% Taxation in Dominica 27% 0% 25%27% 18% Taxation in the Dominican Republic 10% Taxation in East Timor 25% 0% 35% 35%35% 12% 15% 0% Taxation in Ecuador 22.5% 0% 27.5% 14% 10% 0% Taxation in Egypt 30% 0% 30% 13% Taxation in El Salvador 35% 0% 35% 15% Taxation in Equatorial Guinea 34% Taxation in Eritrea 0% 6.9% 23.6% 20% No0% 24% 9% Taxation in Estonia 27.5% 0% 33% 15% Taxation in Eswatini 30% 0% 35% Taxation in Ethiopia 26% 0% 26% 15% 0% Taxation in the Falkland Islands 18%20% 0%Taxation in the Faroe Islands 21% Taxation in Micronesia 20% 0% 20% 9% Taxation in Fiji 20% 18% 8.4% 53.61%34% No 33% 25.5% 14% 10% Taxation in Finland 25% 0% 55.34% (45% IR + 4% CEHR + 9.2% CSG + 0.5% CRDS + 0.4% Old-age insurance + 6% PER)31,4% Yes 0-60% 20% 10% 5.5% 2.1% Taxation in France 25% Taxation in French Polynesia 35% 5% 35% 18% Taxation in Gabon 31% 0% 30% Taxation in the Gambia 30% 19.6% 0% 45% 25% Inactive Yes 50% 19% 7% Taxation in Germany 0% 20% 0% 18% Taxation in Georgia 25% 25% 3% Taxation in Ghana 10% 17% 40% 0% Taxation in Gibraltar 22% 9% 44% 15% No20% 24% 13% 6% Taxation in Greece 25% 44% 0% 0% Taxation in Greenland 28% Taxation in Grenada 25% 5% 7% 12% Taxation in Guatemala0%0% 20% 0% Taxation in Guernsey 35% Taxation in Guinea 35% Taxation in Guinea-Bissau 30% 25% 35% 14% 0% Taxation in Guyana30%0%30% 10% Taxation in Haiti 25% Taxation in Honduras 16.5% 8.25% 0% 15% 0%0% Taxation in Hong Kong 9% 15% 15% No18%27% 18% 5% Taxation in Hungary 20% 31.48% 46.28% 22% No 10% 24% 11% Taxation in Iceland 15–22% (excludes surcharge & cess) 0% 39% 12.5% 20% 0%40% 18%

5%, 0% Taxation in India 22% 5% 35% 11% Taxation in Indonesia 25% 0% 35% 0–9% Taxation in Iran 15% 3% 15% 300% 15% 20%

10% Taxation in Iraq 12.5% 20% 52.1% 33% No33%23% 9–13.5% 0% Taxation in Ireland 0% 0% (First 17000 GBP is tax free) 21% 20% 5% Taxation in the Isle of Man 23% 0% (for monthly income under 6,330₪) 50%25% No0%18% 0% Taxation in Israel 27.9% 23% 43% 26% No4%22% 10% 4% Taxation in Italy 25% Taxation in the Ivory Coast 33.3% 25% 0% (on income up to J$1,774,554) 30% 20% 16.5% Taxation in Jamaica 29.74% 15.105% 50.5% 20.315% No55%10% 8% Taxation in Japan 0% 0% 20% 5% Taxation in Jersey 20% 0% 25% 16% Taxation in Jordan 20% 10% 10% 15% 16% Taxation in Kazakhstan 30% 10% 35% 16% 12% 0% Taxation in Kenya 35% Taxation in Kiribati 10% 0% 10% 0% Taxation in Kosovo 7.5–16% 0% 0% 0% Taxation in Kuwait 25% 0% 20% 10% Taxation in North Korea 10% 10% 12% 1–5% Taxation in Kyrgyzstan 35% Taxation in Laos 0% 20% 31.4%20% No 21% 12% 5% State Revenue Service of Latvia, VAT, 3 January 2021 Taxation in Latvia 17% 2% 25% 11% Taxation in Lebanon 25% Taxation in Lesotho 25% Taxation in Liberia 24.5% Taxation in Libya 12.5% 3% 22.4%0% 24% 8.1% 3.8% 2.5% Taxation in Liechtenstein 15% 31.2% 42.77% 15% No 21% 9% 5% 0% Taxation in Lithuania 28.69% 8% 44.2% (50% maladie, 100% dépendance, 50% pension) No<ref></refpension)</ref> 0%17% 3% Taxation in Luxembourg 12% 0% 12%人才發展委員會 – Tax 0% Taxation in Macau 20% Taxation in Madagascar5% 13% (SMEs, applicable up to a taxable profit of €15000)

20% (general)0% (for monthly salaries up to €659) + social security charges45.1% (for monthly salaries above €25,275 + social security charges) 5% (reduced) 12% (intermediate)

22% (standard)Taxation in Madeira 30% 0% 35%Malawi Individual - Taxes on personal income, 21 April 2023, PwC Taxation in Malawi 18–24% 0% 30% 2-10% 10% 7% 5% Taxation in Malaysia 8–15% 0% 0% 15% 6% Taxation in the Maldives 30% Taxation in Mali 35% 0% 35% 0% 0% 18% (7% and 5% for certain goods and services) Taxation in Malta 0.8–3% 0% 12% 2–4% Taxation in the Marshall Islands 25% 0% Taxation in Mauritania 15% 0% 15% 15% Taxation in Mauritius 30% 1.92% 35% No 0% 16% Taxation in Mexico 12% 12% 12% 20% 10% Taxation in Moldova 0% 0% 20% 10%

5.5% Taxation in Monaco 10% 10% 10% Taxation in Mongolia 9% 9% 12.65% 15% 21%7% (essential goods - basic foodstufs, water, pharmaceuticals, books, tourism services, etc.)0% (postal services, education, social security services, healthcare, insurance, etc.) Taxation in Montenegro 20% Taxation in Montserrat 10–31% 0% 38% 20% 14%, 10%, 7% Taxation in Morocco 32% Taxation in Mozambique 22% Taxation in Myanmar 32% 0% 37% 15% Taxation in Namibia 25% Taxation in Nauru 30% 25% 20% 0% 36% (Including 20% additional tax) 13% 288% Taxation in Nepal 25.8% 19% 0% 49.5%36% No 40%, 36%, 20% 20%, 18%, 10% Rates are for other inheritors, grandchildren & further descendants, and partners & children respectively.21% 9% Taxation in the Netherlands 28% 10.5% 39% No 0% 15% Taxation in New Zealand 30% 0% 40% 25% Taxation in New Caledonia 30% Taxation in Nicaragua 30% 7% Taxation in Niger 30% 7% 24% 7.5% Taxation in Nigeria 0% 12.5% Taxation in Niue 0% 0% Taxation in Norfolk Island 10% 10% 18% 18% 5% Taxation in North Macedonia 22% 0% 47.4% 37.84% Yes Varies by municipality0%25% 15% 12% Taxation in Norway 15% 0% 5% Taxation in Oman 1.25%

20%

29% 0% (under Rs 600,000 per annum) 45% (over Rs 5.6 Million per annum)15% Exempt0%18% 15% 0% Taxation in Pakistan 12% 0% Taxation in Palau 15% 5% 15% 14.5% Taxation in Palestine 25% 0% 27% 7% 15% 10% 5% Taxation in Panama 30% Taxation in Papua New Guinea 10% 8% 10% No 10% Taxation in Paraguay 30% 0% 30% 16% +2% +0–118% Taxation in Peru 30% 0% 35% 5-10% 6%12% 0% Taxation in the Philippines 0% 0% 0% Taxation in the Pitcairn Islands 19% 9% (under 30.000 złotych per year, 0% income tax, 9% Health Insurance(non-deductible)) 41% or 45% (32% + 9% health insurance + 4% solidarity tax above 1.000.000 złotych per year) 23.9% or 27.9% 19% No7%23% 8% or 5% Taxation in Poland 20% (in mainland) 13% 56.03% 28% No 0% 23% 13% 6% Taxation in Portugal 20% 0% 33.34% 11.5% Taxation in Puerto Rico 10% 0% 0% Taxation in Qatar 16% 35% 45% 10% 19% 9% 5% Taxation in Romania 20% 13% 22%