Corporate effective tax rate by country

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. KPMG’s corporate tax table provides a view of corporate tax rates around the world. Use our interactive Tax rates tool to compare tax rates by country, jurisdiction or region. Note: Tax rates are checked regularly by KPMG member firms; however, please confirm tax rates with the country's tax authority before using them to make business decisions.

The marginal effective tax rate (METR) on corporate investment (i.e., the tax impact on capital investment as a portion of the cost of capital) is 35.3 percent in the U.S.—higher than in any other developed country. The average corporate tax rate on profits from new investments made in the U.S. is 24 percent; the average corporate rate on profits from new investments made by companies in other “Group of Seven” (G-7) industrialized, democratic countries, weighted by the size of their economies, is 21 percent. Compared with nations in the OECD — the Organization for Economic Cooperation and Development, a group of highly developed countries — the U.S. has the highest top corporate tax rate in the world. The top corporate tax rate in the U.S., a combination of federal and state and local taxes, is nearly 39 percent this year. U.S. effective corporate tax rates are not a burden. The top statutory tax rate of 35% in the U.S. is somewhat higher than that of 30 other OECD countries, but the average effective tax rate — the actual rate paid after deductions and credits — is slightly lower than our competitors, according to the Congressional Research Service (CRS). 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

10 Oct 2017 The share of worldwide profits that U.S. multinational corporations pay in U.S. and foreign income taxes is about 28 percent; the average for 

27 Sep 2017 The effective tax rate takes those preferences into account and yields a is available for international comparison, United States corporate tax  6 Jan 2014 countries; and the outlook for and consequences of a revenue-neutral corporate tax reform. Effective Tax Rate Comparisons. Several important  5 Apr 2018 This should make finance ministers of every country sit up and think again before they rush headlong in a race-to-the-bottom on lowering  30 May 2013 effective tax rate, which equals the amount of income tax corporations pay divided by their pretax income, are high relative to other countries. Effective Corporate Tax Rate By Country 2020 The effective corporate tax rate is defined as the average rate that corporations are taxed on their profits by the government. Tax rates vary based on the corporate laws of each nation.

27 Sep 2017 The effective tax rate takes those preferences into account and yields a is available for international comparison, United States corporate tax 

29 Sep 2011 DENMARK has the highest rate of income tax for a person earning $100,000, according to a survey of effective tax rates in 93 countries  effective tax rates under various assumptions, showing among other findings, revenue from multinationals in other countries by on average 1.6 to 4.5 percent. 26 Mar 2015 Some countries' low rates of corporate income tax is seen as “cheating” against “ proper” (read: high) rates. Only last week commissioner 

Chapter 4 - Countries - Tax revenue and % of GDP by level of government and main taxes Chapter 3 - Table 3.15 - Tax revenues of subsectors of general government as % of total tax revenue Chapter 3 - Table 3.2 Total tax revenue in US dollars at market exchange rate

27 Nov 2019 Effective tax rate represents the percentage of their taxable income that individuals have to pay in taxes. For corporations, the effective corporate  Unlike most OECD countries that cut their corporate income tax rates or reduced other taxes on business investment, the United States enacted some targeted  21 Jan 2019 Effective tax rates (ETRs) estimated from companies' balance sheet data At the country level, the correlation between ETRs and nominal rates for a proposal to introduce minimum effective corporate tax rates in the EU to  22 Jan 2019 companies do not pay much tax in many EU countries – in absolute In the view of extremely low corporate tax rates in some EU member  13 Feb 2019 Corporate income tax (C.I.T.) is a key and highly-debated component of the tax systems of developed countries. Although the revenue from C.I.T. 

The Highest and Lowest Corporate Tax Rates in the World. The majority of the 208 separate jurisdictions surveyed have corporate tax rates below 25 percent and 103 have tax rates between 20 and 30 percent. The average tax rate among these jurisdictions is 23.03 percent,[3] or 26.47 percent weighted by GDP.

This methodology does calculate the appropriate effective rate for the model company, providing a good comparison of effective tax rates across countries in a   OECD countries); Kevin A. Hassett & Aparna Mathur, Am. Enter. Inst. for Pub. Pol' y. Research, Report Card on Effective Corporate Tax Rates: United States Gets  10 Oct 2017 The share of worldwide profits that U.S. multinational corporations pay in U.S. and foreign income taxes is about 28 percent; the average for  10 Feb 2019 A charge on global intangible low-taxed income, or GILTI, imposes an effective 10.5 per cent tax rate on income from tax havens. What the OECD  29 Sep 2011 DENMARK has the highest rate of income tax for a person earning $100,000, according to a survey of effective tax rates in 93 countries 

Since the corporate tax rate was reduced to 25 percent, Austria has been catapulted A comparison of the effective tax burden compiled by BAKBASEL and the  developed countries. In 2014, US taxes at all levels of government represented 26. “International Comparisons of Corporate Income Tax Rates. “ Publication  27 Nov 2019 Effective tax rate represents the percentage of their taxable income that individuals have to pay in taxes. For corporations, the effective corporate  Unlike most OECD countries that cut their corporate income tax rates or reduced other taxes on business investment, the United States enacted some targeted  21 Jan 2019 Effective tax rates (ETRs) estimated from companies' balance sheet data At the country level, the correlation between ETRs and nominal rates for a proposal to introduce minimum effective corporate tax rates in the EU to  22 Jan 2019 companies do not pay much tax in many EU countries – in absolute In the view of extremely low corporate tax rates in some EU member  13 Feb 2019 Corporate income tax (C.I.T.) is a key and highly-debated component of the tax systems of developed countries. Although the revenue from C.I.T.