| Country/Region |
Corporate |
Individual |
Payroll tax |
VAT / GST / Sales |
 Algeria |
30%+3% |
0-40% |
|
7/14/17% |
 Angola |
35% |
1-60% |
|
5-50% (depending on the good) |
 Argentina |
35% |
9-35% |
|
21% |
 Australia |
30% |
0-45%
1.5% (Medicare levy)
|
4.75-6% (state) |
10% GST (0% on essential items) |
 Austria |
25% |
21-50% |
|
20% (GST) |
 Azerbaija |
22% |
0-35% |
|
18% |
 Bangladesh |
0-40% |
0-25% |
|
4-15% |
 Barbados |
40% |
25%-40% |
|
15% (hotel accommodation 7.5%) |
 Belarus |
24% |
12% |
35% |
10/18% |
 Belgium |
33.99% |
25-50% |
|
21% (6% for essential and selected goods) |
 Benin |
35% |
60% |
|
18% |
 Bosnia and Herzegovina |
10% |
0-15% |
33.76%, 42-57% |
17% |
 Botswana |
15% (plus 10% surcharge) |
25% |
|
10% |
 Brazil |
34% |
0-27.5% |
31% |
17-25% |
 Bulgaria |
10% |
10% |
42.7% |
20% |
 Burkina Faso |
10-45% |
2-30% |
|
15/25% |
 Burundi |
35% |
35% |
N/A |
|
 Cameroon |
38.5% |
10-35% |
|
19.25% |
 Canada |
29.5-35.5% |
15-29% (federal)
4-24% (provincial)
|
4.95% |
5% (GST)
0-10% (provincial sales taxes or value added taxes)
|
 Chile |
17% |
0-40% |
|
19% |
 Chin |
25% |
5-45% |
|
17% |
 Colombia |
35% |
0.29-38.5% |
|
16% |
 Croatia |
20% |
15-45% |
37.2% (nationwide)
0-18% (local) |
23% |
 Cuba[3] |
30% |
10-50% |
|
12% |
 Cyprus |
10% |
0-30% |
|
15% (0 or 5% for certain goods) |
 Czech Republic |
21% |
15% |
47.5% |
9% (certain goods), 19% |
 Denmark |
25% |
0-63% |
8% |
25% |
 Egypt |
20% |
10-20% |
N/A |
|
 El Salvador |
25% |
0-25% |
|
13% |
 Estonia |
21% |
21% |
33% |
20% |
 Finland |
26% |
9-32% national, 16-21% municipal |
|
22%
12% (food and fodder)
8% (e.g. accommodation and culture) |
 France |
33.33% |
21% (social charges)
0-50% (income tax)
|
45% |
19.6%/5.5% on certain goods (e.g. food) |
 Gabon |
35% |
5-55% |
2.6% |
18% |
 Germany |
29.8% (average) |
0-45% |
|
19%/7% on certain goods (e.g. food) |
 Georgia |
15% |
20% |
|
18% |
 Gibraltar |
33% |
17-40% |
N/A |
|
 Greece |
22/25% |
0-40% |
|
19%-9% certain goods |
 Guatemala |
31% |
15-31% |
|
12% |
 Guyana |
35%/45% |
33⅓% |
|
16%/0% |
 Hong Kong |
16.5% |
0-15% |
N/A |
N/A |
 Hungary |
16% |
18% and 36% |
50.5% |
25% |
 Iceland |
18/26% |
0-36.72% |
6% |
0/14/24.5% |
 India |
30-40% |
10-30% |
|
12.5% |
 Indonesia |
28% in FY 2009
25% starting FY 2010 |
5-30% starting FY 2009 |
|
10% |
 Iran |
25% |
0-35% |
|
N/A |
 Ireland |
12.5% |
0-41% |
16.75% |
21.5% Goods
13.5% Services
0% Food |
 Israel |
27% |
10-47% |
|
16.5% |
 Italy |
31.4% |
23-43% |
|
20%-4% on some goods (foods, books) |
 Jamaica |
33.3% |
3-5% |
25% |
16.5% |
 Japan |
30% |
5-40% |
|
5% (consumption) |
 Jordan |
15/25/35% |
5-30% |
|
16% (GST) |
 Kazakhstan |
20%(2009), 17.5%(10), 15%(11-) |
10% |
11% |
12% |
 South Korea |
13/25% |
9%-21.375% + 36% excess |
|
10% |
 Latvia |
15% |
23% |
33% |
21% |
 Lebanon |
15/4-21% |
2-20% |
|
10% |
 Lithuania |
20% |
21% |
34% |
21% |
 Luxembourg |
29.63% |
6-38.95% |
|
15% |
 Malaysia |
26% |
0-26% |
|
5% GTS |
 Malta |
35% |
0-35% |
|
18% |
 Mexico |
28% |
3-29% |
|
15% |
 Monaco |
33.33% |
0% |
|
19.6% |
 Montenegro |
9% |
15% |
|
17% |
 Morocco |
35% |
0-41.5% |
|
20% |
 Nepal |
N/A |
10-25% |
|
13% |
 Netherlands |
20/25.5% |
0-52% |
|
19% (6% for essential and selected goods) |
 New Zealand |
30% |
12.5-38% |
|
12.5% (GST) |
 Norway |
28% |
0-47.8% |
14% |
25%, 14% (food and drink in shops) and 8% (transportation). |
 Pakistan |
35% |
7.5-35% |
|
16% |
 Panama |
30% |
0-27% |
|
0/5% |
 Peru |
27% |
15-27% |
|
2/19% |
 Philippines |
35% |
5-32% |
|
0 ; 7 ; 12%
(in some cases, foreign investors are zero-rated)
|
 Poland |
19% |
18-32% |
41.11% |
22%, 7% (reduced rate on certain goods) |
 Portugal |
12.5-27.5% |
10.5-40% |
|
20%
(reduced rates on certain goods—5% or 12%)
|
 Romania |
16% |
16% |
45.15% |
19% (9% hotel accommodation ...) |
 Russia |
20% |
13% |
|
18%, 10% and 0%
(reduced rates are for certain goods)
|
 Saudi Arabia |
20%-85%
11% Social security |
Residents 2.5%
Non-residents 20% |
N/A |
|
 Senega |
33% |
up to 50% |
|
20% |
 Serbia |
10% |
10-14% |
35.8% |
18%, 8% and 0%
(reduced rates are for certain goods)
|
 Singapore |
18% (17% as of FY 2010 |
3.5%-20% |
|
7% (GST) |
 Slovakia |
19% |
19% |
|
19% |
 Slovenia |
22% |
16-41% |
|
8.5/20% |
 South Africa |
28% |
18-40% |
|
14% |
 Spain |
25-30% |
0-42% |
|
16%, 7%, and 4% |
 Sweden |
26.3% |
28.89%-59.09% |
32.42% |
25%. 12% and 6% for some goods. |
 Switzerland |
13-25% |
0-13.2% (federal) |
|
3.6/2.4/7.6% |
 Syria |
10-45% |
5-15% |
|
|
 Republic of China |
25% |
6-40% |
|
5% |
 Tanzania |
30% |
15-30% |
|
|
 Thailand |
30% |
5-37% |
|
7% |
 Tunisia |
30% |
0-35% |
|
6/12/18% |
 Turkey |
20% |
15-35% |
|
18% |
 Ukraine |
25% |
15% |
|
20% |
 United Arab Emirates |
N/A |
0% |
|
N/A |
 United Kingdom |
21-28% |
0-40%
(50% from FY2010-11) |
23.8% |
0%/5%/17.5%* (*Temporarily 15% until January 2010) |
 United States |
15-39% (federal)
0-12% (state) |
0-35% (federal)
0-10.3% (state)
|
2.9-15.3% (federal) |
0-10.25% (state and local) |
 Uruguay |
30% |
0-25% |
|
23% |
 Uzbekist |
12% |
13-30% |
|
10-20% |
 Venezuela |
15/22/34% |
6-34% |
|
8-10%/9%, will raise to 12% beginning April 1, 2009 |
 Vietnam |
28% |
0-40% |
|
10% |
 British Virgin Islands |
N/A |
0% |
10-14% |
N/A |
 Zambia |
35% |
10-30% |
|
17.5% |