Corporate tax rate of countries

Tax Tips for the Self-Employed. Find Out More About Your Taxes! Which countries have the highest tax rates? What is US corporation tax rate? 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.

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.

Some other taxes (for instance property tax , substantial in many countries , such as the United States) and payroll tax are not shown here. Other countries with higher than average corporate tax rates include India ( ), Venezuela ( ), Brazil () and Japan (3). GDP, for 1separate tax jurisdictions. KPMG’s corporate tax table provides a view of corporate tax rates around the world.

European OECD countries— like most regions around the world—have experienced a decline in corporate income tax rates over the last decades. Use our interactive Tax rates tool to compare tax rates by country , jurisdiction or region. America’s competitiveness on the global stage so that the U. Access IRS Tax Forms.

Complete, Edit or Print Tax Forms Instantly. Free for Simple Tax Returns. Maximum Refund Guaranteed. Increase Your Tax Savings. KPMG ’s corporate tax table provides a view of corporate tax rates around the world.

There is not a global rule that controls the corporate tax rates from one country to the next, but rather, the tax rates are based on the local, federal, and national governments of each country. The Highest and Lowest Corporate Tax Rates in the World. The majority of the 2separate jurisdictions surveyed have corporate tax rates below percent and 1have tax rates between and percent. The average tax rate among these jurisdictions is 23. Coming in behind India was Costa Rica with a tax rate of 37.

This nation’s rate was 44. In third place was Argentina with a tax rate of 35. Most countries tax some form of corporate income. However, the rates differ around the worl ranging from in Bermuda to in United Arab Emirates.

The rest of the worl of course, falls somewhere in between. The GDP-weighted worldwide average is just under percent. Net profits remitted to foreign head office of branch subject to withholding tax.

Bahamas No income tax. Bahrain Corporate tax levied only on oil companies at rate of. The US, which is the biggest economy charging this high rate , has seen various tax reviews made to integrate various states tax requirements.