Comparison of tax rates around the world is difficult and somewhat subjective. Tax laws in most countries are extremely complex, and tax burden falls differently on different groups in each country and sub-national unit.
This is a list of tax rates around the world. It focuses on four types of tax:
Some other taxes (for instance property tax, substantial in many countries, such as the United States) are not shown here. The table isn't 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 don't account for deductions, exemptions, or rebates. The effective rate is usually much lower than the marginal rate, but sometimes much higher. 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.
Supplemental Contributory Pension (SCP)
(7.71% social security, no national or municipal taxes for income no more than 2 930 €)
16.5-22.5% municipal
7.71% social security)
employee (reduces gross wage): 22%
employer : 25-42%
25% on €200.001+ profit
40%
(in some cases, foreign investors are zero-rated)
Madeira, Açores: 15%, 9%, 4%
(reduced rates are for certain goods)
(personal allowance of £11,000 for most people)
39.6% (federal) +
0 - 13.3% (state)