List of countries by tax rates

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 types of taxes: corporate tax, individual income tax, capital gains tax, wealth tax (excl. property tax), property tax, inheritance tax and sales tax (incl. VAT and GST).

Map of the world showing national-level sales tax / VAT rates as of October 2019

Personal income tax includes all applicable taxes, including all unvested social security contributions. Vested social security contributions are not included as they contribute to the personal wealth and will be paid back upon retirement or emigration, either as lump sum or as 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 United States and Canada) are averages and vary depending on the state or province. Territories that have different rates to their respective nation are in italics.

Tax rates by countries and territories

Tax jurisdiction	Corporate tax (excl. dividend taxes)	Individual income tax		Capital gains tax[1]	Wealth tax (excl. Property tax)	Property tax	Inheritance/Estate Tax	VAT or GST or Sales tax	Further reading
		Lowest marginal rate	Highest marginal rate
Afghanistan	20%[2]	0%[3]	20%[3]					0%[4] However, in Taliban run areas pre-Taliban rule, small fees were illegally added to some groceries.[5]	Taxation in Afghanistan
Albania	15%[6]	0%[7]	23%[7]	15%				20% (standard rate) 6% (tourism services)[8]	Taxation in Albania
Algeria	26% (highest rate) 19% (lowest rate)[9]	0%[10]	35%[10]	15% resident, 20% non-resident				19% (standard rate)[11] 9% (basic items)[11]	Taxation in Algeria
American Samoa	34%[6]	4%[12][13]	6%[13]			0%		0%[14][13]	Taxation in American Samoa
Andorra	10%[15]	0%[16]	10%[16]					4.5% (standard rate) 9.5% (banking services) 2.5%, 1% or 0% (reduced rates)[17]	Taxation in Andorra
Angola	30%[18]	0%[18]	17%[18]	10%				14%[19]	Taxation in Angola
Anguilla	0%[20]	0%[20]						0%[20]	Taxation in Anguilla
Antigua and Barbuda	25%[21]	0%[22]						15%[23]	Taxation in Antigua and Barbuda
Argentina	35% for residents 15% for non residents[24]	9%[24]	35%[24]	15%				21%[24]	Taxation in Argentina
Armenia	18%[25]	22%[25]	22%[25]	10-20%				20%[25]	Taxation in Armenia
Aruba	25%[26]	7%[26]	58.95%[26]					1.5% (turnover tax)[26]	Taxation in Aruba
Australia	30% (standard rate) 25% (base entity rate)[27][Note 1]	0%[27]	45%[28][Note 2]	0-45% (Same as income tax rate)				10% (standard rate) 0% (essential items)[27]	Taxation in Australia
Austria	25%[29]	0%[29]	55%[29]	27.5%				20% (standard rate) 13% (tourism services) 10% (basic items)[29]	Taxation in Austria
Azerbaijan	20%[30]	14%[30]	25%[30]	[31]				18%[30]	Taxation in Azerbaijan
Azores	13.6% (available to SMEs and applicable up to a taxable profit of €15000)[32] 16.8% (general rate)	0.0% (for monthly salaries up to €654) + social security charges[33]	36.2% (for monthly salaries above €25,200) + social security charges[34]					4% (reduced rate) 9% (intermediate rate) 16% (standard rate)[35]	Taxation in Portugal
Bahamas[36]	0%[37]	0%	0% + 8.8% social security tax					12% (standard rate)[38]	Taxation in the Bahamas
Bahrain	0%[39]	0%						10% (standard rate) 0% (essential goods)	Taxation in Bahrain
Bangladesh[40]	32.5%[41]	0%	25%					15%	Taxation in Bangladesh
Barbados[citation needed]	5.5% (on profits not over BBD$1 million) 3.0% (over BBD$1 million but not over BBD$20 million) 2.5% (over BBD$20 million but not over BBD$30 million) 1.0% (over BBD$30 million)[42]	25%	38%					17.5% (standard rate) 7.5% (hotel services)	Taxation in Barbados
Belarus[43]	20%	43.37% (12% income tax, 1% mandatory insurance, 35% social security)	43.37% (12% income tax, 1% mandatory insurance, 35% social security)					20% (standard rate) 10% (reduced rate)	Taxation in Belarus
Belgium[40]	25%[44]	55% (when single/secluded) 50% (when legally married)	60.45% (13.07% (mandatory social security tax) 50% (federal)[45] 3-9% (municipal)[46])					21% (standard rate) 12% (restaurants) 6% (essential and selected goods)	Taxation in Belgium
Belize	25% (general corporate income tax)[47] 1.75% (small businesses with income below BZ$ 300.000) 19% (Tourism related companies - incl. hotels and restaurants) 37.5% (Banks and other financial institutions)	25%[48]		0% (except in some specific cases)				12.5%	Taxation in Belize
Benin[citation needed]	35%	10%	35%					18%	Taxation in Benin
Bermuda	0%[49]	0%						0%	Taxation in Bermuda
Bhutan	26%	0%	25%[50]					—	Taxation in Bhutan
Bolivia	29%	0%	25%					13%	Taxation in Bolivia
Bosnia and Herzegovina	10%[51]	10%						17%[51]	Taxation in Bosnia and Herzegovina
Botswana	22%	0%	25%	25%				14%	Taxation in Botswana
Brazil[40]	40% (highest rate for financial institutions, insurance and capitalisation companies) 34% (highest rate) 24% (lowest rate) 15% ( +10% in profits exceeding BR$ 20.000[52] + 9% Social Contribution Tax or 15% for financial institutions, insurance and capitalisation companies[53])	0%[54]	27.5%[55]	22.5%				20.03%-30.7%[56]	Taxation in Brazil
Brunei	1% sole proprietorships and partnerships), 18.5% (all other businesses)[57]	0%		0%[57]				—[58]	Taxation in Brunei
Bulgaria	10% (+ 5% on distribution of profit)	10%	10%					20% (9% on hotel and camping accommodation)	Taxation in Bulgaria
Burkina Faso	27.5%	0%	25%					18%	Taxation in Burkina Faso
Burundi[59]	35%	0%	35%					18%	Taxation in Burundi
Cambodia	20%	0%	20%					10%	Taxation in Cambodia
Cameroon[43]	31.5%	10%	35%					19.25%	Taxation in Cameroon
Canada	26.5-31% (higher rate) 9-13% (lower rate)[60]	19% (15% federal + 4% in Nunavut)[61] to 27.53% (12.53% federal + 15% in Quebec)[62][63][64]	58.50% (33% federal + 25.5% in Quebec) to 44.5% (33% federal + 11.5% in Nunavut)[61][64]	27%				5% (5% federal tax in Alberta) to 15% (5% federal tax + 10% provincial tax in New Brunswick)[65]	Taxation in Canada
Cape Verde	25%	16.5%	27.5%					15%	Taxation in Cape Verde
Cayman Islands	0%[66]	0%[66]						0%[66][67][Note 3]	Taxation in the Cayman Islands
Central African Republic	30%[68]	—	50%[68]					19%	Taxation in the Central African Republic
Chad	20%	—	—	—				—	Taxation in Chad
Chile[69]	25% (lowest rate) 27% (higher rate)[70]	0% (for monthly taxable incomes not over US$950)	40% (for monthly taxable incomes over US$190000)[71]	10%				19%	Taxation in Chile
China[40]	25% (standard rate)[72] 15% (concession rate for high-tech companies)[73]	0%	45%[74][75]	20%		0% - The Chinese government owns all lands in China and the government does not tax homeowners.[76]		13% (standard rate)[58] 9% (energy, books, transportation, etc.) 6% (other services) 0% (goods and services for export)	Taxation in China
Colombia[43]	35%[77]	0%[78]	35% (non-labor income) 39% (labor income)[78]	10% (standard rate) 20% (lotteries, gaming, or similar activities)[79]				19% (standard rate) 5% or 0% (reduced rates)	Taxation in Colombia
Comoros	35%	—	—	—				—	Taxation in the Comoros
Cook Islands	30% (highest rate) 20% (lowest rate)	18.5%	30%			0% [80]		15%	Taxation in the Cook Islands
DR Congo	35%	0%	40%					20% (highest rate) 5% (lowest rate)	Taxation in the Democratic Republic of the Congo
Congo	30%[81]	—	—					18.9%[82]	Taxation in the Republic of the Congo
Costa Rica	30%	0%	25%					13% (standard rate) 4% (private healthcare and plane tickets) 2% (medicines and private education) 1% (essential foods and agriculture)[83]	Taxation in Costa Rica
Croatia[43]	18% (for profits over 3 million kn) 12% (for profits not over 3 million kn)	12%	40%	10%				25% (standard rate)[84] 13% (certain essential groceries)	Taxation in Croatia
Cuba[85]	30%	15%	50%					20% (highest rate) 2.5% (lowest rate)	Taxation in Cuba
Curaçao	22%	9.75%	46.5%					6%, 7% or 9%	Taxation in Curaçao
Cyprus[40]	12.5%	0%	35%	20%				19% (standard rate) 5% or 0% (reduced rates)	Taxation in Cyprus
Czech Republic[86][87]	19%[88]	20.1% (15% deductible tax + 45% healthcare and social security if an employee, 22.5% if self-employed)[89]	45.7% (peaks for employee gross annual income of $90,000 or more) 39% (for gross annual income of $450,000 or more)[citation needed]	15%				21% (standard rate)[90] 12% (reduced rate)	Taxation in the Czech Republic
Denmark[91]	22-25% (depending on business)	39.8596% (34.63% for unemployed; first DKK46,000 / US$7,245 / €6,172 per year is deductible)[92][93]	52.07%[94]	42%				25%	Taxation in Denmark
Djibouti	25%	—	—					—	Taxation in Djibouti
Dominica	25%[95]	0%	35%					15%	Taxation in Dominica
Dominican Republic	27%	0%	25%	27%[96]				18%	Taxation in the Dominican Republic
Timor-Leste	10%	—	—					—	Taxation in East Timor
Ecuador	25%[97]	0%	35%	35%				12% (standard rate) 15% (luxury goods) 0% (exports)	Taxation in Ecuador
Egypt[98]	22.5% (on taxable corporate profits) (+ 5% on distribution of profit)	0%	22.5%					14% (standard rate) 10% (professional services) 0% (exports)	Taxation in Egypt
El Salvador	30%	0%	30%					13%	Taxation in El Salvador
Equatorial Guinea	35%	0%	35%					15%	Taxation in Equatorial Guinea
Eritrea	34%	—	—					—	Taxation in Eritrea
Estonia[99]	0% (20% on distribution or 14% on distribution below the 3 previous years average)	6.9% (for minimum wage full-time work in 2024: includes 20% flat income tax, of which first 7848€ per year is tax exempt for low-income earners + 2% mandatory pension contribution + 1.6% unemployment insurance paid by employee); excluding social security taxes paid by the employer	23.6% (for employees earning more than 25,200€ per year in 2024: includes 20% flat income tax + 2% mandatory pension contribution + 1.6% unemployment insurance paid by employee); excluding social security taxes paid by the employer and taxes on dividends	20%				22% (standard rate) 9% (reduced rate)	Taxation in Estonia
Eswatini (Swaziland)	27.5%	0%[100]	33%[100]					15%	Taxation in Eswatini
Ethiopia	30%[101]	0%	35%					—	Taxation in Ethiopia
Falkland Islands	26%	0%	26%	15%				0%	Taxation in the Falkland Islands
Faroe Islands	18%	20%				0% [102]			Taxation in the Faroe Islands
Micronesia	21%	—	—					—	Taxation in Micronesia
Fiji	20%[103]	0%	20%					9%	Taxation in Fiji
Finland	20%[104] 18% (since 2027)[105]	0% + 8.40% social security tax[106]	53.61% in Halsua for the members of the Orthodox Church of Finland (31.25% national tax rate + 23.5% municipal tax + 9.9% social security tax + 2.1% church tax)[107][additional citation(s) needed]	34%				25.5% (standard rate) 14% (food and fodder) 10% (medicines and public transport)	Taxation in Finland
France	25%	0%	65.1% (45% IR + 4% CEHR + 9.2% CSG + 0.5% CRDS + 0.4% Old-age insurance + 6% PER)[108][109][110]	30% (plus an additional 4% for high earners)				20% (standard rate) 10% (restaurants, transportation and tourism services) 5.5% (utilities) 2.1% (press)	Taxation in France
French Polynesia	25%	—	—					—	Taxation in French Polynesia
Gabon	35%	5%	35%					18%	Taxation in Gabon
Gambia	31%	0%	30%					—	Taxation in the Gambia
Germany	30% approximately (15% corporate tax (+ 5.5% solidarity surcharge) + 7% to 17% trade tax)[111]	19.6% social security contributions 0% income tax if earning under €11,604 in year	45% income tax + 39.2% social security contributions up to €90,600 per year (Half paid by employer (14.6% health + 18.6% pension + 3.4% care + 2.6% unemployment)	25%	Currently inactive	Yes	Yes, exemptions within family	19% (standard rate) 7% (reduced rate)	Taxation in Germany
Georgia[112]	0% (15% on distribution of profit)	20% (5% on dividend, interest and royalty)						18%	Taxation in Georgia
Ghana	25%	25%	—					3%	Taxation in Ghana
Gibraltar	10%	17%	40%					0%	Taxation in Gibraltar
Greece	22%	9% (zero tax for annual income under €8633,33)	44%	15%				24% (standard rate) 13% (food, health and tourism services) 6% (theater tickets, books and medicine) VAT is reduced by 30% for the islands of Leros, Lesvos, Kos, Samos, Chios (i.e., 17%, 9%, 4%).	Taxation in Greece
Greenland	25%		44%			0%		0%	Taxation in Greenland
Grenada	28%	—	—					—	Taxation in Grenada
Guatemala[43]	25%	5%	7%					12%	Taxation in Guatemala
Guernsey	0%[113]	0% ( if earning under £658.67 a month)[114]	20% (+ 6.6-11.3% Social Security)[114]				Document duty charged on real estate transfers from estates	0%[115]	Taxation in Guernsey
Guinea	35%	—	—					—	Taxation in Guinea
Guinea-Bissau	35%	—	—					—	Taxation in Guinea-Bissau
Guyana[116]	30%	28% on Annual salary less than $1,560,000 GYD.[117]	40% on Annual salary above $1,560,000 GYD.[117]					14% (standard rate) 0% (reduced rate)	Taxation in Guyana[117]
Haiti	30%[118]	0%	30%[119]					10%[118]	Taxation in Haiti
Honduras	25%	—	—					—	Taxation in Honduras
Hong Kong[120]	16.5% (on profits over HK$2 million) 8.25% (on profits not over HK$2 million)	0%	15%					0%	Taxation in Hong Kong
Hungary	9%	15% (+ 18.5% social security +13% social contribution tax)		15%				27% (standard rate) 18% (reduced rate) 5% (milk, egg, pork, chicken meat, internet service, restaurant services, medicines and books)	Taxation in Hungary
Iceland[43]	20%	31.48% (On income up to 446.136 ISK)[121]	46.28%	22%				24% (standard rate) 11% (reduced rate)	Taxation in Iceland
India	22% (highest) 15% (lowest) [excludes surcharge & cess][122]	0% ₹ 0 - 250,000 5% ₹ 250,001 - 500,000 20% ₹ 500,001 - 1,000,000 Scheme I (with deductions) + 12% of basic salary for epf or social security 0% ₹ 0 - 500,000 10% ₹ 500,001 - 750,000 15% ₹ 750,001 - 1,000,000 20% ₹ 1,000,001 - 1,250,000 25% ₹ 1,250,001 - 1,500,000 Scheme II (without deductions) + 12% of basic salary for epf or social security	30% ₹ 1,000,001 & + Scheme I (with deductions) 30% ₹ 1,500,001 & + Scheme II (without deductions) + 12% of basic salary for epf or social security 4% cess[clarification needed] and highest surcharge of 25% is applied on income tax. This makes the effective tax rate 39%.	20%				28%, 18%, 12%, 5%, 0% (varies by commodity; see GST rates in India)[123][124]	Taxation in India
Indonesia	22%	5%	35%					11%	Taxation in Indonesia
Iran	25%	0%	35%					9% (highest rate) 0% (reduced rate)	Taxation in Iran
Iraq	15%[125]	3%[126]	15%					0-300%[127]	Taxation in Iraq
Ireland	12.5%	20% (first €1,650 per year is deductible)	52.1% (40% income tax + 12.1% social insurance contributions on incomes above €44,000)	33%			33%[128]	23% (goods) 9–13.5% (services) 0% (certain items of food)	Taxation in Ireland
Isle of Man	0%	10%	22%					20% (standard rate) 5% (home renovations)	Taxation in the Isle of Man
Israel	23%[129]	0% (for monthly income under 6,330₪)	50%	25%				18% (standard rate) 0% (fruits and vegetables)	Taxation in Israel
Italy	27.9% (24% + 3.9% (on tax-adjusted EBITDA))	23% (first €8,500 per year is deductible); + municipal and local taxes (0-3%)	43% (+ municipal and local taxes (0-3%)	26%				22% (standard rate) 10% (reduced rate on certain products - e.g. food - 4% (on products of first necessity)	Taxation in Italy
Ivory Coast	25%	—	—					—	Taxation in the Ivory Coast
Jamaica	33.3% (standard rate) 25% (reduced rate for small companies)	0%	25% (on income over J$1,500,000)					20% (services) 16.5% (goods)	Taxation in Jamaica
Japan[130]	29.74%[131]	15.105% (5.105% national + 10% local)	50.5% (45% national + 10% local)	20.315%				10% (standard rate) 8% (groceries and takeout food and subscription newspaper)	Taxation in Japan
Jersey[40]	0%	0%	20%[132]				Stamp duty on probate starting at £50, rising progressively	5%[133]	Taxation in Jersey
Jordan[43]	20%	0%	25%[134]					16%	Taxation in Jordan
Kazakhstan[43]	20%[111][2]	10%	10% (for residents) 15% (for non-residents)					13%	Taxation in Kazakhstan
Kenya	30%[111]	10%	30% (for citizens) 35% (for non-citizens)					16% (standard rate) 12% (electricity and fuel) 0% (food)	Taxation in Kenya
Kiribati	35%	—	—					—	Taxation in Kiribati
Kosovo[135]	10% (highest rate) 0% (lowest rate)	0%	10%					0%	Taxation in Kosovo
Kuwait	16% (highest rate) 7.5% (lowest rate)[136] Rate of 15% typically applies except for regions under Saudi control where it's 7.5% tax, plus add a possible 1% tax for Zakat	0%				0%		0%	Taxation in Kuwait
North Korea[137]	25%	0%	20%					4% (highest rate) 2% (lowest rate)	Taxation in North Korea
Kyrgyzstan	10%[138]	10%						12% (standard rate) 5% (highest rate) 1% (lowest rate)	Taxation in Kyrgyzstan
Laos	35%	—	—					—	Taxation in Laos
Latvia	0% (20% on distribution of profit)[139]	20%[140]	31.4%	20%[141]				21% (standard rate) 12% (Medical products, domestic public transport) 5% (Fresh fruits and vegetables, books, newspapers)[142]	Taxation in Latvia
Lebanon[43]	17%	2%	25%					11%	Taxation in Lebanon
Lesotho	25%	—	—					—	Taxation in Lesotho
Liberia	25%[143]	—	—					—	Taxation in Liberia
Libya	24.5%; 20% corporate tax plus a 4% Jehad tax plus a 0.5% tax on corporate income to pay for stamp duties[144]	—	—					—	Taxation in Libya
Liechtenstein[145][146]	12.5%	3%[147]	22.4%[148]	0% for share sales, 24% for real estate				8.1% (standard rate) 3.8% (lodging services) 2.5% (reduced rate)[149]	Taxation in Liechtenstein
Lithuania[citation needed]	15%[150]	31.2%	42.77%	15%				21% (standard rate) 9% (publications, accommodation services etc.) 5% (medicine, newspapers and magazines etc.) 0% (certain goods and services)	Taxation in Lithuania
Luxembourg	28.69% (17% income tax + 1.19% unemployment fund contribution + 6.0-10.5% municipal trade tax[151]	8%	44.2% (42%[152] + 3.78% unemployment fund surcharge)[153]					17% (standard rate) 3% (reduced rate)	Taxation in Luxembourg
Macau[40]	12%	0%	12%[154]					0%[155]	Taxation in Macau
Madagascar	20%	—	—					—	Taxation in Madagascar
Madeira	5% (available to licensed companies in the International Business Centre of Madeira). 13% (available to SMEs and applicable up to a taxable profit of €15000) 20% (general rate)	0.0% (for monthly salaries up to €659) + social security charges[34]	45.1% (for monthly salaries above €25,275) + social security charges[34]					5% (reduced rate) 12% (intermediate rate) 22% (standard rate)[156]	Taxation in Madeira
Malawi	30%	0	35%[157]					—	Taxation in Malawi
Malaysia[40]	24% (highest rate) 18% (lowest rate)	0%	30%[158] + 11% for EPF[159] + 0.5% for SOCSO[160]					10% (standard rate for goods) 7% (services) 5% (reduced rate for goods)[161]	Goods and Services Tax (Malaysia), Taxation in Malaysia
Maldives[162]	15% (highest rate) 8% (lowest rate)[163]	0%	0% for expatriates, 15% for nationals					6%[164]	Taxation in the Maldives
Mali	30%	—	—					—	Taxation in Mali
Malta	35% (unless eligible for 30% rebate)	0%	35%			0%		18% (7% and 5% for certain goods and services)	Taxation in Malta
Marshall Islands	0.8% (lowest rate) 3% (highest rate)	0%	12%[165]					4% (highest rate) 2% (lowest rate)	Taxation in the Marshall Islands
Mauritania	25%	—	—			0%		—	Taxation in Mauritania
Mauritius	15%	0%	20%					15%	Taxation in Mauritius
Mexico[40]	30%[166]	1.92%	35% + reduction of deductions (topes)					16%	Taxation in Mexico
Moldova[40]	12%	12%[167]	12% (+ 24% for social security)					20% (standard rate) 10% (HoReCa)	Taxation in Moldova
Monaco	0% (25% for companies generating more than 25% of their turnover outside Monaco)[168]	0%[169]						19.6% (highest rate) 5.5% (lowest rate) [170]	Taxation in Monaco
Mongolia	10%	10%						10%	Taxation in Mongolia
Montenegro	9%[171][172]	9% (first €720)[172]	12.65% (11% national tax + 15% municipality surtax on income tax)[172] 15% for entrepreneurs on their worldwide income[173]					21%[174] 7% (essential goods - basic foodstufs, water, pharmaceuticals, books, tourism services, etc.) 0% (postal services, education, social security services, healthcare, insurance, etc.)	Taxation in Montenegro
Montserrat	20%	—	—					—	Taxation in Montserrat
Morocco	31% (highest rate) 10% (lowest rate)[111][175]	0%	38%[175]					20% (standard rate) 14%, 10%, 7% (reduced rates)[176]	Taxation in Morocco
Mozambique	32%	—	—					—	Taxation in Mozambique
Myanmar	22%	—	—					—	Taxation in Myanmar
Namibia	32%[177]	0%[177]	37%[177]					15%[177]	Taxation in Namibia
Nauru	25%	—	—					—	Taxation in Nauru
Nepal	30% (higher rate for financial companies) / 25% (standard rate) / 20% (reduced rate for manufacturing companies) (+ 5% on profit distribution + 10% mandatory bonus to employees)	0% + 1% social security tax	36% (Including 20% additional tax)[178]					13% (standard rate)[179] 288% (for imported vehicles)[180]	Taxation in Nepal
Netherlands	25% (on profits over €245,001) 15%[181] (not over €245,000)	0% (first €8,700 per year is tax free)	49.5%[182]	Under the new policy it is 36% with out a tax free limit. The old system presumes 7.6% gains for investments & 4% gains on banksaldo interest, taxed 36%				21% (standard rate) 9% (essential and selected goods)	Taxation in the Netherlands
New Zealand	28%	10.5%[183]	39%[184]					15%	Taxation in New Zealand
New Caledonia[185]	30%	0%	40% 25% (on local income of non-residents)[186]					—	Taxation in New Caledonia
Nicaragua	30%	—	—					—	Taxation in Nicaragua
Niger	30%[187]	—	—					7%[187]	Taxation in Niger
Nigeria	30%	7%	24%					7.5%	Taxation in Nigeria
Niue	0%	—	—					12.5%	Taxation in Niue
Norfolk Island	0%	—	—			0%[188]		—	Taxation in Norfolk Island
North Macedonia[40]	10%	10%	18%					18% (standard rate) 5% (reduced rate)	Taxation in North Macedonia
Norway[189]	22%[190]	0% (for yearly income under 100,000 NOK)[191]	47.4%[192]	37.84%[193]			0%	25% (standard rate) 15% (food and drink) 12% (transportation, cinema and hotel services)[194]	Taxation in Norway
Oman	15%[195][196]	0%						5%	Taxation in Oman
Pakistan	1.25%[197] (Minimum) 20%[198] (Small) 29%[199](Corporate)	0% (for income under PKR.600000/annum)	45%(above 5.6 million per annum)	15% (Acquired after July 2025) Varried (Acquired before July 2025)			0%	18% +3%(for non-registered) (Goods) 15% (services) 0% (basic food items)	Taxation in Pakistan
Palau	0%	—	—			0%[200]		—	Taxation in Palau
Palestine	15%	5%	15%					14.5%	Taxation in Palestine
Panama	25%	0%	27%					7% (standard rate) 15% (tobacco) 10% (alcohol and hotels) 5% (essential goods)	Taxation in Panama
Papua New Guinea	30%	—	—					—	Taxation in Papua New Guinea
Paraguay	10%	8%	10%					10%	Taxation in Paraguay
Peru[43]	30%	0%	30%					16% (standard rate) + 2% (municipal promotional tax) + 0–118% (impuesto selectivo al consumo: liquor, cigarettes, etc.)	Taxation in Peru
Philippines	30%	0%	35%					12% (standard rate) 0% (reduced rate)	Taxation in the Philippines
Pitcairn Islands	0%	0%[201]						0%	Taxation in the Pitcairn Islands
Poland[202]	19% (9% for small taxpayer, those with revenue in a given tax year not exceeding the equivalent of €1.2 million and that have "small taxpayer" status)[202]	9% (for income under 30.000 złotych per year) •0% income tax[203] •9% Health Insurance(non-deductible)[204]	41% or 45% •32% Income tax •9% health insurance •4% solidarity tax above 1.000.000 złotych per year[205] Self-employed 23.9% or 27.9%(not deduction first 30.000 złotych) •19% flat income tax •4.9% health insurance •4% solidarity tax above 1 milion złotych	19%				23% (standard rate) 8% or 5% (reduced rates)	Taxation in Poland
Portugal	20% (in mainland)	13%	56.03% (48% income tax + 5% solidarity rate + 11% social security)	28%				23% (standard rate) 13% (intermediate rate) 6% (reduced rate)	Taxation in Portugal
Puerto Rico	20%[206]	0% (16% proposed)	33.34%					11.5%	Taxation in Puerto Rico
Qatar[40]	10%	0%						0%	Taxation in Qatar
Romania	16% (or 1% revenue for micro-entities with at least one employee, or 3% for micro-enterprises with no employees)[207]	35% 25% social security (CAS) 10% health insurance (CASS) 0% income tax for people with disabilities. 0% income tax for IT workers earning less than 10000 RON. [207]	45% 25% social security (CAS) 10% health insurance (CASS) 10% income tax after CAS and CASS Self employed (PFA): 25% CAS if earning more than 12 minimum wages in a year 10% CASS, taxable sum capped at 12 minimum wages per year, e.g. you pay a maximum of 2280 RON as CASS contribution in 2018 if you earn over RON 22,800 for the whole year) 10% income tax [207]	10%				19% (standard rate) 9% (food, medicines, books, newspapers and hotel services) 5% (reduced rate) [43]	Taxation in Romania
Russia[40]	20%[2]	13%	22% (for those earning more than 50 mil. roubles a year)[208] 35% for non-residents					20% (standard rate) 10% (books, certain items of food and children goods) 0% (house or flat)	Taxation in Russia
Rwanda	30%	0%	30%					18%	Taxation in Rwanda
Saint Kitts and Nevis	33%[209]	0%						—	Taxation in Saint Kitts and Nevis
Saint Barthélemy	0%	0%	0%					0%	Taxation in Saint Barthélémy
Saint Lucia	30%	—	—					—	Taxation in Saint Lucia
Saint Martin	20% (10% for small taxpayer, those with revenue in a given tax year not exceeding the equivalent of €40,000)	—	—					—	Taxation in Saint Martin
Saint Pierre and Miquelon	33.3% (15% for small taxpayer, those with revenue in a given tax year not exceeding the equivalent of €600,000)	—	—					—	Taxation in Saint Pierre and Miquelon
Saint Vincent and the Grenadines	30%	—	—					—	Taxation in Saint Vincent and the Grenadines
Samoa	27%	—	—					—	Taxation in Samoa
San Marino	17%	9%	35%					0% (standard rate) 17% (imported goods)	Taxation in San Marino
São Tomé and Príncipe	25%	—	—					—	Taxation in São Tomé and Príncipe
Sark	0%[210]	0%	0%	0%	There are taxes on property and personal capital, maximum at £6,500.		Document duty charged on real estate transfers from estates performed by a Guernsey Advocate	0%	Taxation in Sark
Saudi Arabia[211]	2.5% (fully Saudi national owned businesses), 2.5-15% (taxed at Zakat rate 2.5% for the Saudi percentage of ownership, 15% for all other ownership)	0%						15% (standard rate) 5% (real estate transactions rate)	Taxation in Saudi Arabia
Senegal[43]	25%	0%	50%					20%	Taxation in Senegal
Serbia[212]	15%[213]	10%	25% (additional contributions for state health, pension and unemployment funds)[214]	15%				20% (standard rate)[215][216] 10% or 0% (reduced rates)	Taxation in Serbia
Seychelles	33%[6]	15%						15%	Taxation in the Seychelles
Sierra Leone	25%	—	—					—	Taxation in Sierra Leone
Singapore	17%[217]	0%	22% (+ 20% tax on pension)					9%	Taxation in Singapore
Sint Maarten	34.5%	12.50%	47.50%					5%	Taxation in Sint Maarten
Slovakia	21% (on profits over €100,000) 15% (profits under €100,000)	21%	25%[218]	25%				23% (standard rate)[219] 19% (electricity, non-basic foodstuffs, selected catering services) 5% (basic foodstuffs, books, medicines, accommodation services)	Taxation in Slovakia
Slovenia[40]	19%	16%	50%	27.5%				22% (standard rate) or 9.5% (food, building and renovation, transport, tickets, media) or 5% (books, newspaper)	Taxation in Slovenia
Solomon Islands	30%	—	—					—	Taxation in the Solomon Islands
Somalia	30%[220]	0%	18%					0%	Taxation in Somalia
South Africa	28%[221]	0% (below threshold)	45%	18%				15%[222]	Taxation in South Africa
South Korea[43]	24.2%[111]	7.8% (6% + 1.8%[223])	53.4% (42%[224] + 11.4%[223])					10%	Taxation in South Korea
South Sudan	30%	—	—					—	Taxation in South Sudan
Spain[40]	25% (in mainland) 4% (in  Canary Islands)	0% (first €5,550 per year is tax free)	52.3 47% (State tax) 3.75% (Regional tax in Valencia) 6.45% (Social security, worker contribution)	26% (residents) 19% (non-residents)				21% (standard rate) 10% or 4% (reduced rates)	Taxation in Spain
Sri Lanka[40]	30% (highest rate) 15% (lowest rate)[111]	0%	36% (if annual income is more than LKR 3 million)					12% (standard rate) 8% or 0% (reduced rates)	Taxation in Sri Lanka
Sudan	5% (special exempt companies), 15% most other companies[225]								Taxation in Sudan
Suriname	36%[226]	8% (first SRD2,646 per year is deductible)	38%[227]					—	Taxation in Suriname
Svalbard	16%[228][229]	8%[230]	22%[230]	0%[231]			0%	0%[232]	Taxation in Norway
Sweden	20.6%[233]	32% (first US$1,930 per year is deductible)	45.6% (32% average municipality income tax + 20% state income tax)[234][235]	30%			0%	25% (standard rate) 12% or 6% (reduced rate)[236]	Taxation in Sweden
Switzerland[43]	17.92%[111]	0%	50.14% 10.6% (mandatory social security contributions)[237] 11.5% (federal)[238] 28.025% (cantonal, Geneva)[239] 9.69% (communal, Avully and Chancy, both canton of Geneva)[239] 3.04% (church tax, roman catholic and protestant in Geneva)[239]					8.1% (standard rate) 3.8% or 2.5% (reduced rates)	Taxation in Switzerland
Syria[40]	22%	5%	15%					—	Taxation in Syria
Taiwan[40]	20%[240]	5%	40%					5%[241]	Taxation in Taiwan
Tajikistan[242]	13% 25% (non-residents)	5%	13% 25% (non-residents)					18%	Taxation in Tajikistan
Tanzania	30%	15%	30%					14%	Taxation in Tanzania
Thailand	20%	0%	35%					7%	Taxation in Thailand
Togo	27%	—	—					—	Taxation in Togo
Tokelau	0%	—	—					—	Taxation in Tokelau
Tonga	25%	—	—					—	Taxation in Tonga
Trinidad and Tobago	30%	0%	25% (annual chargeable income less than $1 million) 30% (annual chargeable income over $1 million) [243]					12.5%	Taxation in Trinidad & Tobago
Tunisia[43]	30%	0%	35%					18% (standard rate) 12% or 6% (reduced rate)	Taxation in Tunisia
Turkey[40]	25%	15%	40%					20% (standard rate) 10% (clothing) 1% (certain food items)[58]	Taxation in Turkey
Turkmenistan	8%	—	—					—	Taxation in Turkmenistan
Turks and Caicos Islands	0%	—	—					—	Taxation in the Turks and Caicos Islands
Tuvalu	30%	—	—					—	Taxation in Tuvalu
Uganda	30%[244]	—	—					18%[245]	Taxation in Uganda
Ukraine	18%[246]	0%[247]	18% (common rate) 20% (some activities) 22% (social security)[248]					2% (non-refundable turnover tax during martial law)	Taxation in Ukraine
United Arab Emirates	0% (free zone companies,[249] as well as mainland companies with less than 375,000 AED a year in profit,[250] may need to fill out a tax return) 9% (for mainland companies with a net profit over AED 375,000 annually, taxation paid to other countries credited towards UAE taxation, tax return required)[250]	0%[251]		0%[252]				5%[251]	Taxation in the United Arab Emirates
United Kingdom[253]	19-25%[254]	0% up to £12,570[255]	62% (This consists of 40% income tax on the GBP 100k–125k band, an effective 20% due to the phase-out of the personal allowance, and 2% employee National Insurance). The marginal rate then drops to 47% for income above GBP 125k (45% income tax plus 2% employee National Insurance) [256][257]	24%[258]			40%[259]	20% (standard rate) 5% (home energy and renovations) 0% (life necessities: groceries, water, prescription medications, medical equipment and supplies; public transport; children's clothing; books and periodicals)[260]	Taxation in the United Kingdom National Insurance
United States	21% (federal), up to 21% with credit of tax paid towards other countries	10% (federal) + 0–3.07% (state) + 0–3.8398% (local) (federal standard deduction of 12550 USD for single taxpayers)	50.3% to 37%: 50.3% in California (37% (federal)[261] + 13.3% (state)), 37% in Texas (37% + 0%)	20%		0% (e.g. Aleutians East Borough, Alaska) - 3.6361% (Menominee County, Wisconsin) [262]	18%-40% federal with offset against individual State Estate and Inheritence Taxes[263]	11.5% (highest prevailing marginal state and local sales tax rate) 0% (lowest prevailing marginal rate)	Taxation in the United States
Uruguay[43]	25%	0%	36%[264]					22% (standard rate) 11% (lowest rate) 0% (extent)	Taxation in Uruguay
Uzbekistan[43]	12% (standard rate) 20% (banks and mobile communication operators)	12%						15% (highest rate) 0% (lowest rate)	Taxation in Uzbekistan
Vanuatu	0%	0%	0%					0%	Taxation in Vanuatu
Venezuela[43]	34%	0%	34%					16% (standard rate) 8% (reduced rate)	Taxation in Venezuela
Vietnam[40]	20%	5%	35%[265]					10%	Taxation in Vietnam
British Virgin Islands	0%[266]	0%						—	Taxation in the British Virgin Islands
U.S. Virgin Islands	21–38.50%[267]								Taxation in the United States Virgin Islands
Wallis and Futuna	0%	0%	0%					0%	Taxation in Wallis and Futuna
Yemen	20%[268]	10%	15%					2%	Taxation in Yemen
Zambia	30%[269]	10%	30%					16%	Taxation in Zambia
Zimbabwe	25%	0%	45%					15% (standard rate) 0% (on selected items)	Taxation in Zimbabwe

See also

• Corporate tax haven
• List of countries by social welfare spending
• List of countries by tax revenue as percentage of GDP
• List of countries by inheritance tax rates
• Tax Freedom Day
• Tax haven
• Tax rates in Europe
• VAT rates around the world
• Welfare state

Notes

1. Businesses with annual turnover above A$2 million pay 30%, all other business pay the lower 26% rate.
2. 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.
3. While there is no sales tax or GST, the Cayman Islands impose various import duties on goods imported to the island nation.