Individual income tax rates by country

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. Some other taxes (for instance property tax, substantial in many countries, such as the United States) and payroll tax are not shown here. The table is not exhaustive in KPMG’s individual income tax rates table provides a view of individual income tax rates. Use our interactive Tax rates tool to compare tax rates by country 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. Countries With the Highest Income Tax for Singles. 1. Belgium. Belgium, like many countries we’ll discuss here, has a progressive tax , which means that higher-income individuals pay more taxes 2. Germany. 3. Denmark. 4. Austria. 5. Hungary.

This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - List of Countries by Personal Income Tax Rate. List of Countries by Personal Income Tax Rate - provides a table with the latest tax rate figures for several countries including actual values, forecasts, statistics and historical data. 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. Some other taxes (for instance property tax, substantial in many countries, such as the United States) and payroll tax are not shown here. The table is not exhaustive in KPMG’s individual income tax rates table provides a view of individual income tax rates. Use our interactive Tax rates tool to compare tax rates by country 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. Countries With the Highest Income Tax for Singles. 1. Belgium. Belgium, like many countries we’ll discuss here, has a progressive tax , which means that higher-income individuals pay more taxes 2. Germany. 3. Denmark. 4. Austria. 5. Hungary.

personal income tax (PIT) rate in 15 surveyed countries hardly exceeded 10%. “ The highest point known to history as actually enforced is thirty-seven and a half  

The top rates were less in 12 countries. The highest individual income tax rate in Hungary is only 15 percent. 12 Mar 2019 It also lowered individual income taxes, especially for higher earners, bringing the top marginal income tax rate down from 39.6 percent to 37  23 Oct 2019 In general, income taxes are higher in the Nordic countries. +. Total tax rate for medium sized businesses in Asia Pacific 2018, by country. 2 Mar 2018 The U.S. is "a relatively lightly taxed country," the Chicago Fed reports, but there are some Highest individual income tax rate: 35 percent 4 Jan 2015 If you think your individual income tax rate is high in the United States then you haven't seen anything yet! 12 Jul 2017 This puts Belgium nearly five percentage points ahead of the next highest just over a third of their pay packet to income tax and social security. Countries with tax wedges for single childless workers that fall below the 

27 May 2017 A comparison of personal tax rates across Europe, Australia and the US by Most countries tax individuals rather than households, but France taxes Higher earners pay income and social security taxes that are on a par 

21 Nov 2019 Before you move to one of these countries with the highest income taxes rates, think through the overall tax situation and what you get for your  18 Jan 2020 Others believe that high taxes on wealthy individuals discourage them from working and investing as much as they might at lower tax rates. Personal income tax rate, 2019 - Country rankings: The average for 2019 based on 139 countries was 29 percent.The highest value was in Sweden: 57 percent  Total Tax Revenue US taxes are low relative to those in other developed countries. In 2014, US taxes at all levels of government represented 26 23 Oct 2019 High marginal tax rates on personal income have received renewed The taxation of high-income earners is indicative of the overall level of 

The United States has income tax treaties (or conventions) with a number of foreign countries under which residents (but not always citizens) of those countries are taxed at a reduced rate or are exempt from U.S. income taxes on certain income, profit or gain from sources within the United States.

Total Tax Revenue US taxes are low relative to those in other developed countries. In 2014, US taxes at all levels of government represented 26

30 Oct 2019 The country has adopted a worldwide income taxation system, meaning that individuals considered as Indonesia tax residents pay tax to the 

30 Oct 2019 The country has adopted a worldwide income taxation system, meaning that individuals considered as Indonesia tax residents pay tax to the 

KPMG's individual income tax rates table provides a view of individual income tax rates around the world. Single person, One-earner married couple, Single person, One-earner married Sort ascending Sort descending, Sort ascending Sort descending. Country  21 Nov 2019 Before you move to one of these countries with the highest income taxes rates, think through the overall tax situation and what you get for your  18 Jan 2020 Others believe that high taxes on wealthy individuals discourage them from working and investing as much as they might at lower tax rates.