<P> A comparison of tax rates by countries is difficult and somewhat subjective, as tax laws in most countries are extremely complex and the tax burden falls differently on different groups in each country and sub-national unit . The list focuses on the main indicative types of taxes: corporate tax, individual income tax, and sales tax, including VAT and GST . </P> <P> 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 representing the true tax burden to either the corporation or the individual in the listed country . The tax rates displayed are marginal and do not 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 . </P> <Table> <Tr> <Th> Country </Th> <Th> Corporate tax </Th> <Th> Income tax (minimum prevailing national + subnational rate) </Th> <Th> Income tax (maximum prevailing national + subnational rate) </Th> <Th> VAT or GST or sales tax </Th> <Th> Further reading </Th> </Tr> <Tr> <Td> Afghanistan </Td> <Td> 20% </Td> <Td> 0% </Td> <Td> 20% </Td> <Td> 0% </Td> <Td> Taxation in Afghanistan </Td> </Tr> <Tr> <Td> Albania </Td> <Td> 15% </Td> <Td> 0% </Td> <Td> 23% </Td> <Td> 20% (standard rate) 6% (tourism services) </Td> <Td> Taxation in Albania </Td> </Tr> <Tr> <Td> Algeria </Td> <Td> 19%--26% </Td> <Td> 0% </Td> <Td> 35% </Td> <Td> 19% (standard rate) 9% (basic items) </Td> <Td> Taxation in Algeria </Td> </Tr> <Tr> <Td> American Samoa </Td> <Td> 15%--44% </Td> <Td> 4% </Td> <Td> 6% </Td> <Td> 0% </Td> <Td> Taxation in American Samoa </Td> </Tr> <Tr> <Td> Andorra </Td> <Td> 10% </Td> <Td> 10% </Td> <Td> 10% </Td> <Td> 4.5% (standard rate 9.5% (banking services) 2.5%, 1% or 0% (reduced rates) </Td> <Td> Taxation in Andorra </Td> </Tr> <Tr> <Td> Angola </Td> <Td> 30% </Td> <Td> 0% </Td> <Td> 17% </Td> <Td> 10% </Td> <Td> Taxation in Angola </Td> </Tr> <Tr> <Td> Anguilla </Td> <Td> 0% </Td> <Td> 0% </Td> <Td> 0% </Td> <Td> 0% </Td> <Td> Taxation in Anguilla </Td> </Tr> <Tr> <Td> Argentina </Td> <Td> 35% </Td> <Td> 9% </Td> <Td> 35% </Td> <Td> 21% </Td> <Td> Taxation in Argentina </Td> </Tr> <Tr> <Td> Armenia </Td> <Td> 20% </Td> <Td> 24.4% </Td> <Td> 36% </Td> <Td> 20% </Td> <Td> Taxation in Armenia </Td> </Tr> <Tr> <Td> Aruba </Td> <Td> 25% </Td> <Td> 7% </Td> <Td> 58.95% </Td> <Td> 1.5% (turnover tax) </Td> <Td> Taxation in Aruba </Td> </Tr> <Tr> <Td> Australia </Td> <Td> 28.5%--30% </Td> <Td> 0% </Td> <Td> 47% </Td> <Td> 10% (standard rate) 0% (essential items) </Td> <Td> Taxation in Australia </Td> </Tr> <Tr> <Td> Austria </Td> <Td> 25% </Td> <Td> 0% </Td> <Td> 55% </Td> <Td> 20% (standard rate) 13% (tourism services) 10% (basic items) </Td> <Td> Taxation in Austria </Td> </Tr> <Tr> <Td> Azerbaijan </Td> <Td> 20% </Td> <Td> 14% </Td> <Td> 25% </Td> <Td> 18% </Td> <Td> Taxation in Azerbaijan </Td> </Tr> <Tr> <Td> Bahamas </Td> <Td> 0% </Td> <Td> 0% </Td> <Td> 0% + 8.8% social security tax </Td> <Td> 12% <P> (standard rate) </P> </Td> <Td> Taxation in Bahamas </Td> </Tr> <Tr> <Td> Bangladesh </Td> <Td> 35% </Td> <Td> 0% </Td> <Td> 25% </Td> <Td> 15% </Td> <Td> Taxation in Bangladesh </Td> </Tr> <Tr> <Td> Barbados </Td> <Td> 25% </Td> <Td> 25% </Td> <Td> 38% </Td> <Td> 17.5% (standard rate) 7.5% (hotel services) </Td> <Td> Taxation in Barbados </Td> </Tr> <Tr> <Td> Bahrain </Td> <Td> 0% </Td> <Td> 0% </Td> <Td> 0% </Td> <Td> 5% </Td> <Td> Taxation in Bahrain </Td> </Tr> <Tr> <Td> Belarus </Td> <Td> 18% </Td> <Td> 13% </Td> <Td> 17% </Td> <Td> 20% (standard rate) 10% (reduced rate) </Td> <Td> Taxation in Belarus </Td> </Tr> <Tr> <Td> Belgium </Td> <Td> 29.58% </Td> <Td> 25% </Td> <Td> 50% </Td> <Td> 21% (standard rate) 12% (restaurants) 6% (essential and selected goods) </Td> <Td> Taxation in Belgium </Td> </Tr> <Tr> <Td> Belize </Td> <Td> N / A </Td> <Td> 0% </Td> <Td> 25% </Td> <Td> 12.5% </Td> <Td> Taxation in Belize </Td> </Tr> <Tr> <Td> Benin </Td> <Td> 35% </Td> <Td> 10% </Td> <Td> 35% </Td> <Td> 18% </Td> <Td> Taxation in Benin </Td> </Tr> <Tr> <Td> Bermuda </Td> <Td> 0% </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Bermuda </Td> </Tr> <Tr> <Td> Bhutan </Td> <Td> 30% </Td> <Td> 0% </Td> <Td> 25% </Td> <Td> N / A </Td> <Td> Taxation in Bhutan </Td> </Tr> <Tr> <Td> Bolivia </Td> <Td> 25% </Td> <Td> 0% </Td> <Td> 25% </Td> <Td> 13% </Td> <Td> Taxation in Bolivia </Td> </Tr> <Tr> <Td> Bosnia and Herzegovina </Td> <Td> 10% </Td> <Td> 10% </Td> <Td> 10% </Td> <Td> 17% </Td> <Td> Taxation in Bosnia and Herzegovina </Td> </Tr> <Tr> <Td> Botswana </Td> <Td> 22% </Td> <Td> 0% </Td> <Td> 25% </Td> <Td> 12% </Td> <Td> Taxation in Botswana </Td> </Tr> <Tr> <Td> Brazil </Td> <Td> 34% </Td> <Td> 0% </Td> <Td> 27.5% </Td> <Td> 25% (maximum rate) 17% (minimum rate) </Td> <Td> Taxation in Brazil </Td> </Tr> <Tr> <Td> Brunei </Td> <Td> 20% </Td> <Td> 0% </Td> <Td> 0% </Td> <Td> N / A </Td> <Td> Taxation in Brunei </Td> </Tr> <Tr> <Td> Bulgaria </Td> <Td> 10% (+ 5% on distribution of profit) </Td> <Td> 10% </Td> <Td> 10% + 18% social security fund tax </Td> <Td> 20% </Td> <Td> Taxation in Bulgaria </Td> </Tr> <Tr> <Td> Burkina Faso </Td> <Td> 27.5% </Td> <Td> 0% </Td> <Td> 25% </Td> <Td> 18% </Td> <Td> Taxation in Burkina Faso </Td> </Tr> <Tr> <Td> Burundi </Td> <Td> 35% </Td> <Td> 0% </Td> <Td> 35% </Td> <Td> 18% </Td> <Td> Taxation in Burundi </Td> </Tr> <Tr> <Td> Cambodia </Td> <Td> 20% </Td> <Td> 0% </Td> <Td> 20% </Td> <Td> 10% </Td> <Td> Taxation in Cambodia </Td> </Tr> <Tr> <Td> Cameroon </Td> <Td> 31.5% </Td> <Td> 10% </Td> <Td> 35% </Td> <Td> 19.25% </Td> <Td> Taxation in Cameroon </Td> </Tr> <Tr> <Td> Canada </Td> <Td> 13% </Td> <Td> 19% (15% federal tax + 4%--11% provincial tax) </Td> <Td> 58.75% in Quebec (33% federal tax + 25.75% provincial and local tax) </Td> <Td> 5% (federal GST) + 0%--15% (provincial taxes) </Td> <Td> Taxation in Canada </Td> </Tr> <Tr> <Td> Cape Verde </Td> <Td> 25% </Td> <Td> 16.5% </Td> <Td> 27.5% </Td> <Td> 15% </Td> <Td> Taxation in Cape Verde </Td> </Tr> <Tr> <Td> Cayman Islands </Td> <Td> 0% </Td> <Td> 0% </Td> <Td> 0% </Td> <Td> 0% </Td> <Td> Taxation in the Cayman Islands </Td> </Tr> <Tr> <Td> Central African Republic </Td> <Td> 30% </Td> <Td> N / A </Td> <Td> 50% </Td> <Td> 19% </Td> <Td> Taxation in the Central African Republic </Td> </Tr> <Tr> <Td> Chad </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Chad </Td> </Tr> <Tr> <Td> Chile </Td> <Td> 24% (on distributed profits, deductible from personal income taxes) </Td> <Td> 0% </Td> <Td> 40% </Td> <Td> 19% </Td> <Td> Taxation in Chile </Td> </Tr> <Tr> <Td> China </Td> <Td> 25% </Td> <Td> 0% </Td> <Td> 45% </Td> <Td> 16% </Td> <Td> Taxation in China </Td> </Tr> <Tr> <Td> Colombia </Td> <Td> 34% + 0%--6% Surtax for 2017, 33% + 0%--4% Surtax for 2018, and then 33% </Td> <Td> 0% </Td> <Td> 35% (non-labor income) 33% (labor income) </Td> <Td> 19% (standard rate) 5% or 0% (reduced rates) </Td> <Td> Taxation in Colombia </Td> </Tr> <Tr> <Td> Comoros </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Comoros </Td> </Tr> <Tr> <Td> Cook Islands </Td> <Td> 20 - 30% </Td> <Td> 18.5% </Td> <Td> 30% </Td> <Td> 15% </Td> <Td> Taxation in Cook Islands </Td> </Tr> <Tr> <Td> Democratic Republic of the Congo </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in the Democratic Republic of the Congo </Td> </Tr> <Tr> <Td> Congo </Td> <Td> 30% </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> 18.9% </Td> <Td> Taxation in the Republic of the Congo </Td> </Tr> <Tr> <Td> Costa Rica </Td> <Td> 30% </Td> <Td> 0% </Td> <Td> 25% </Td> <Td> 13% </Td> <Td> Taxation in Costa Rica </Td> </Tr> <Tr> <Td> Croatia </Td> <Td> 12% for less than 3 mil kn, 18% for more </Td> <Td> 12% </Td> <Td> 40% </Td> <Td> 25% (standard rate) 0% (food and books) </Td> <Td> Taxation in Croatia </Td> </Tr> <Tr> <Td> Cuba </Td> <Td> 30% </Td> <Td> 15% </Td> <Td> 50% </Td> <Td> 20% (maximum rate) 2.5% (minimum rate) </Td> <Td> Taxation in Cuba </Td> </Tr> <Tr> <Td> Curaçao </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Curaçao </Td> </Tr> <Tr> <Td> Cyprus </Td> <Td> 12.5% </Td> <Td> 0% </Td> <Td> 35% </Td> <Td> 19% (standard rate) 5% or 0% reduced rates) </Td> <Td> Taxation in Cyprus </Td> </Tr> <Tr> <Td> Czech Republic </Td> <Td> 19% </Td> <Td> 15% </Td> <Td> 22% (+ 7% for income above 4 × of average wage) </Td> <Td> 21% (standard rate) 15% or 10% (reduced rates) </Td> <Td> Taxation in the Czech Republic </Td> </Tr> <Tr> <Td> Denmark </Td> <Td> 22% </Td> <Td> 39.8596% (34.63% for unemployed) (First DKK 46,000 per year is deductible; approximately USD 7,245 / EUR 6,172) </Td> <Td> 55.8584% </Td> <Td> 25% </Td> <Td> Taxation in Denmark </Td> </Tr> <Tr> <Td> Djibouti </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Djibouti </Td> </Tr> <Tr> <Td> Dominica </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Dominica </Td> </Tr> <Tr> <Td> Dominican Republic </Td> <Td> 27% </Td> <Td> 0% </Td> <Td> 25% </Td> <Td> 18% </Td> <Td> Taxation in Dominican Republic </Td> </Tr> <Tr> <Td> Timor - Leste </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in East Timor </Td> </Tr> <Tr> <Td> Ecuador </Td> <Td> 24% </Td> <Td> 0% </Td> <Td> 35% </Td> <Td> 12% (standard rate) 15% (luxury goods) 0% (exports) </Td> <Td> Taxation in Ecuador </Td> </Tr> <Tr> <Td> Egypt </Td> <Td> 22.5% (Corporate Taxes) 5% (Distribution of Profit Taxes) </Td> <Td> 0% </Td> <Td> 22.5% </Td> <Td> 14% (standard rate) 10% (professional services) 0% (exports) </Td> <Td> Taxation in Egypt </Td> </Tr> <Tr> <Td> El Salvador </Td> <Td> 30% </Td> <Td> 0% </Td> <Td> 30% </Td> <Td> 13% </Td> <Td> Taxation in El Salvador </Td> </Tr> <Tr> <Td> Equatorial Guinea </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Equatorial Guinea </Td> </Tr> <Tr> <Td> Eritrea </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Eritrea </Td> </Tr> <Tr> <Td> Estonia </Td> <Td> 0% (20% on distribution of profit) </Td> <Td> 20% (0% on dividends to residents) </Td> <Td> 20% </Td> <Td> 20% (standard rate) 9% (reduced rate) </Td> <Td> Taxation in Estonia </Td> </Tr> <Tr> <Td> Ethiopia </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Ethiopia </Td> </Tr> <Tr> <Td> Falkland Islands </Td> <Td> 26% </Td> <Td> 0% </Td> <Td> 26% </Td> <Td> 0% </Td> <Td> Taxation in Falkland islands </Td> </Tr> <Tr> <Td> F.S. Micronesia </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Micronesia </Td> </Tr> <Tr> <Td> Fiji </Td> <Td> 20% </Td> <Td> 0% </Td> <Td> 20% </Td> <Td> 9% </Td> <Td> Taxation in Fiji </Td> </Tr> <Tr> <Td> Finland </Td> <Td> 20% </Td> <Td> 0% + 7.71% social security tax </Td> <Td> 54.25% (31.75% national tax rate + 22.5% other taxes) </Td> <Td> 24% (standard rate) 14% (food and fodder) 10% (medicines and public transport) </Td> <Td> Taxation in Finland </Td> </Tr> <Tr> <Td> France </Td> <Td> 15% (profit <€ 38120) - 33.00% (profit> € 38120) </Td> <Td> 0% </Td> <Td> 45% (+ tax on high incomes: 4% over € 500,000) </Td> <Td> 20% (standard rate) 10% (restaurants, transportation and tourism services) 5.5% (utilities) 2.1% (press) </Td> <Td> Taxation in France </Td> </Tr> <Tr> <Td> Gabon </Td> <Td> 35% </Td> <Td> 5% </Td> <Td> 35% </Td> <Td> 18% </Td> <Td> Taxation in Gabon </Td> </Tr> <Tr> <Td> Gambia </Td> <Td> 31% </Td> <Td> 0% </Td> <Td> 30% </Td> <Td> N / A </Td> <Td> Taxation in Gambia </Td> </Tr> <Tr> <Td> Germany </Td> <Td> 29.65% </Td> <Td> 14% (first € 8,354 per year is deductible) </Td> <Td> 47.475% (45% income tax + 5.5% solidarity surcharge based on the total tax bill) </Td> <Td> 19% (standard rate) 7% (food) </Td> <Td> Taxation in Germany </Td> </Tr> <Tr> <Td> Georgia </Td> <Td> 0% (15% on distribution of profit) </Td> <Td> 20% (5% on dividend, interest and royalty) </Td> <Td> 20% (5% on dividend, interest and royalty) </Td> <Td> 18% </Td> <Td> Taxation in Georgia </Td> </Tr> <Tr> <Td> Ghana </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> 3% </Td> <Td> Taxation in Ghana </Td> </Tr> <Tr> <Td> Gibraltar </Td> <Td> 10% </Td> <Td> 17% </Td> <Td> 40% </Td> <Td> 0% </Td> <Td> Taxation in Gibraltar </Td> </Tr> <Tr> <Td> Greece </Td> <Td> 29% (+ 29% paid in advance & returned after 1 year) </Td> <Td> 22% (€ 1,900 tax deducted if income <€ 21,000) </Td> <Td> 45% </Td> <Td> 24% (standard rate) 13% (health and tourism services) 6% (theater tickets, books and medicine) For some islands away from the mainland the rates are 17%, 9% and 4%, respectively . </Td> <Td> Taxation in Greece </Td> </Tr> <Tr> <Td> Grenada </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Grenada </Td> </Tr> <Tr> <Td> Guatemala </Td> <Td> 25% </Td> <Td> 5% </Td> <Td> 7% </Td> <Td> 12% </Td> <Td> Taxation in Guatemala </Td> </Tr> <Tr> <Td> Guinea </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Guinea </Td> </Tr> <Tr> <Td> Guinea - Bissau </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Guinea - Bissau </Td> </Tr> <Tr> <Td> Guyana </Td> <Td> 30% </Td> <Td> N / A </Td> <Td> 331⁄3% </Td> <Td> 16% (standard rate) 0% (reduced rate) </Td> <Td> Taxation in Guyana </Td> </Tr> <Tr> <Td> Guernsey </Td> <Td> 0% </Td> <Td> 0% </Td> <Td> 20% </Td> <Td> 0% </Td> <Td> Taxation in Guernsey </Td> </Tr> <Tr> <Td> Haiti </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Haiti </Td> </Tr> <Tr> <Td> Honduras </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Honduras </Td> </Tr> <Tr> <Td> Hong Kong </Td> <Td> 8.25% (profits not over HK $2 million) 16.25% (profits over HK $2 million) </Td> <Td> 0% </Td> <Td> 15% </Td> <Td> 0% </Td> <Td> Taxation in Hong Kong </Td> </Tr> <Tr> <Td> Hungary </Td> <Td> 9% </Td> <Td> 15% (flat tax) </Td> <Td> 15% (flat tax) </Td> <Td> 27% (standard rate) 18% (reduced rate) 5% (milk, egg, pork, chicken meat, internet service, restaurant services, medicines and books) </Td> <Td> Taxation in Hungary </Td> </Tr> <Tr> <Td> Iceland </Td> <Td> 20% </Td> <Td> 0% </Td> <Td> 46% </Td> <Td> 24% (standard rate) 11% (reduced rate) </Td> <Td> Taxation in Iceland </Td> </Tr> <Tr> <Td> India </Td> <Td> 25% - 34.9% </Td> <Td> 0% </Td> <Td> 30% </Td> <Td> 28%, 18%, 12%, 5%, 0% GST rates in India </Td> <Td> Taxation in India </Td> </Tr> <Tr> <Td> Indonesia </Td> <Td> 25% </Td> <Td> 5% </Td> <Td> 30% </Td> <Td> 10% </Td> <Td> Taxation in Indonesia </Td> </Tr> <Tr> <Td> Iran </Td> <Td> 25% </Td> <Td> 0% </Td> <Td> 35% </Td> <Td> 9% (maximum rate) 0% (reduced rate) </Td> <Td> Taxation in Iran </Td> </Tr> <Tr> <Td> Iraq </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Iraq </Td> </Tr> <Tr> <Td> Ireland </Td> <Td> 12.5% </Td> <Td> 20% (first € 1,650 per year is deductible) </Td> <Td> 52% (40% Income Tax + 12% social insurance contributions on income above € 70,000, 9% social security contributions between € 18,000 and € 70,000) </Td> <Td> 23% (goods) 9%--13.5% (services) 0% (certain items of food) </Td> <Td> Taxation in Ireland </Td> </Tr> <Tr> <Td> Isle of Man </Td> <Td> 0 - 10% </Td> <Td> 10% </Td> <Td> 20% </Td> <Td> 20% (standard rate) 5% (home renovations) </Td> <Td> Taxation in Isle of Man </Td> </Tr> <Tr> <Td> Israel </Td> <Td> <P> Annual profit> 10B ILS: 6% . Annual profit <10B ILS: 7.5% - 24% . </P> </Td> <Td> 11.5% </Td> <Td> 50% </Td> <Td> 17% (standard rate) 0% (fruits, vegetables and public transport) </Td> <Td> Taxation in Israel </Td> </Tr> <Tr> <Td> Italy </Td> <Td> 27.9% (24% + 3.9% municipal) </Td> <Td> 23% - 0% on the first 8.500 euro income </Td> <Td> 43% + 4% (special added tax) </Td> <Td> 22% (standard rate) 10% (reduced rate) 4% (food and books) </Td> <Td> Taxation in Italy </Td> </Tr> <Tr> <Td> Ivory Coast </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Ivory Coast </Td> </Tr> <Tr> <Td> Jamaica </Td> <Td> 33.3% Large companies 25% Small Private companies </Td> <Td> 0% </Td> <Td> 25% on income over J $1,500,000 </Td> <Td> 20% (services) 16.5% (goods) </Td> <Td> Taxation in Jamaica </Td> </Tr> <Tr> <Td> Japan </Td> <Td> 32.11% </Td> <Td> 15.105% (5.105% national + 10% local) </Td> <Td> 55.945% (45.945% national) </Td> <Td> 8% </Td> <Td> Taxation in Japan </Td> </Tr> <Tr> <Td> Jersey </Td> <Td> 0% </Td> <Td> 0% </Td> <Td> 20% </Td> <Td> 5% </Td> <Td> Taxation in Jersey </Td> </Tr> <Tr> <Td> Jordan </Td> <Td> 20% </Td> <Td> 0% </Td> <Td> 14% </Td> <Td> 16% </Td> <Td> Taxation in Jordan </Td> </Tr> <Tr> <Td> Kazakhstan </Td> <Td> 20% </Td> <Td> 10% </Td> <Td> 10% (for residents), 15% (for non-residents) </Td> <Td> 12% </Td> <Td> Taxation in Kazakhstan </Td> </Tr> <Tr> <Td> Kenya </Td> <Td> 30% </Td> <Td> 10% </Td> <Td> 30% citizens, 35% foreigners </Td> <Td> 16% (standard rate) 12% (electricity and fuel) 0% (food) </Td> <Td> Taxation in Kenya </Td> </Tr> <Tr> <Td> Kiribati </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Kiribati </Td> </Tr> <Tr> <Td> Kuwait </Td> <Td> 0% </Td> <Td> 0% </Td> <Td> 0% </Td> <Td> 0% </Td> <Td> Taxation in Kuwait </Td> </Tr> <Tr> <Td> South Korea </Td> <Td> 24.2% </Td> <Td> 6% + 1.8% </Td> <Td> 42% + 11.4% </Td> <Td> 10% </Td> <Td> Taxation in South Korea </Td> </Tr> <Tr> <Td> North Korea </Td> <Td> 25% </Td> <Td> 0% </Td> <Td> 20% </Td> <Td> 4% (maximum rate) 2% (minimum rate) </Td> <Td> Taxation in North Korea </Td> </Tr> <Tr> <Td> Kyrgyzstan </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Kyrgyzstan </Td> </Tr> <Tr> <Td> Laos </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Laos </Td> </Tr> <Tr> <Td> Latvia </Td> <Td> 0% / 20% (flat tax rate) </Td> <Td> 23% (flat tax rate) </Td> <Td> 23% </Td> <Td> 21% </Td> <Td> Taxation in Latvia </Td> </Tr> <Tr> <Td> Lebanon </Td> <Td> 17% </Td> <Td> 2% </Td> <Td> 20% </Td> <Td> 11% </Td> <Td> Taxation in Lebanon </Td> </Tr> <Tr> <Td> Lesotho </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Lesotho </Td> </Tr> <Tr> <Td> Liberia </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Liberia </Td> </Tr> <Tr> <Td> Libya </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Libya </Td> </Tr> <Tr> <Td> Liechtenstein </Td> <Td> 12.5% </Td> <Td> 3% </Td> <Td> 24% </Td> <Td> 8% (standard rate) 3.8% (lodging services) 2.5% (reduced rate) </Td> <Td> Taxation in Liechtenstein </Td> </Tr> <Tr> <Td> Lithuania </Td> <Td> 15% </Td> <Td> 31.2% </Td> <Td> 42.77% </Td> <Td> 21% </Td> <Td> Taxation in Lithuania </Td> </Tr> <Tr> <Td> Luxembourg </Td> <Td> 29.22% </Td> <Td> 6% </Td> <Td> 52.45% total: 40% + 12.45% social security charges </Td> <Td> 17% </Td> <Td> Taxation in Luxembourg </Td> </Tr> <Tr> <Td> Macau </Td> <Td> 12% </Td> <Td> 0% </Td> <Td> 12% </Td> <Td> 0% </Td> <Td> Taxation in Macau </Td> </Tr> <Tr> <Td> Macedonia </Td> <Td> 10% </Td> <Td> 10% (flat tax rate) </Td> <Td> 10% </Td> <Td> 18% (standard rate) 5% (reduced rate) </Td> <Td> Taxation in Macedonia </Td> </Tr> <Tr> <Td> Madagascar </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Madagascar </Td> </Tr> <Tr> <Td> Malawi </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Malawi </Td> </Tr> <Tr> <Td> Malaysia </Td> <Td> 18--24% </Td> <Td> 0% </Td> <Td> 28% . On top of that, additional 11% for Employees Provident Fund, from Employee, 12%--13% from Employer; Additional 1.2% for SOCSO from Employee, and 1.4% from Employer </Td> <Td> 0% </Td> <Td> Taxation in Malaysia </Td> </Tr> <Tr> <Td> Maldives </Td> <Td> 8% - 7001150000000000000 ♠ 15% </Td> <Td> 0% </Td> <Td> 15% </Td> <Td> 6% </Td> <Td> Taxation in Maldives </Td> </Tr> <Tr> <Td> Mali </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Mali </Td> </Tr> <Tr> <Td> Malta </Td> <Td> 0--10% (35% pre rebate) </Td> <Td> 0% </Td> <Td> 35% </Td> <Td> 18% </Td> <Td> Taxation in Malta </Td> </Tr> <Tr> <Td> Marshall Islands </Td> <Td> N / A </Td> <Td> 0%, 8% on employees of resident companies </Td> <Td> 12% on employees of resident companies </Td> <Td> 4% (maximum rate) 2% (minimum rate) </Td> <Td> Taxation in Marshall Islands </Td> </Tr> <Tr> <Td> Mauritania </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Mauritania </Td> </Tr> <Tr> <Td> Mauritius </Td> <Td> 15% </Td> <Td> 15% (flat tax rate) </Td> <Td> 15% </Td> <Td> 15% </Td> <Td> Taxation in Mauritius </Td> </Tr> <Tr> <Td> Mexico </Td> <Td> 30% </Td> <Td> 1.92% </Td> <Td> 35% + reduction of deductions (topes) </Td> <Td> 16% </Td> <Td> Taxation in Mexico </Td> </Tr> <Tr> <Td> Moldova </Td> <Td> 12% </Td> <Td> 7% </Td> <Td> 18% </Td> <Td> 20% </Td> <Td> Taxation in Moldova </Td> </Tr> <Tr> <Td> Monaco </Td> <Td> 33.33% </Td> <Td> 0% </Td> <Td> 0% </Td> <Td> 19.6% (maximum rate) 5.5% (minimum rate) </Td> <Td> Taxation in Monaco </Td> </Tr> <Tr> <Td> Mongolia </Td> <Td> 10% </Td> <Td> 10% </Td> <Td> 10% </Td> <Td> 10% </Td> <Td> Taxation in Mongolia </Td> </Tr> <Tr> <Td> Montenegro </Td> <Td> 9% </Td> <Td> 9% (first EUR 720) </Td> <Td> 15% </Td> <Td> 11% </Td> <Td> Taxation in Montenegro </Td> </Tr> <Tr> <Td> Montserrat </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Montserrat </Td> </Tr> <Tr> <Td> Morocco </Td> <Td> 10%--31% </Td> <Td> 0% </Td> <Td> 7%--20% </Td> <Td> N / A </Td> <Td> Taxation in Morocco </Td> </Tr> <Tr> <Td> Mozambique </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Mozambique </Td> </Tr> <Tr> <Td> Myanmar </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Myanmar </Td> </Tr> <Tr> <Td> Namibia </Td> <Td> 32% </Td> <Td> 0% </Td> <Td> 37% </Td> <Td> 15% </Td> <Td> Taxation in Namibia </Td> </Tr> <Tr> <Td> Nauru </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Nauru </Td> </Tr> <Tr> <Td> Nepal </Td> <Td> (20% Manufacturing, 25% Normal Business, 30% Finance) + (10% Mandatory Bonus to Employees) + (5% on distribution of profit) = Up to 45% (Total) </Td> <Td> 30%, 20%, 10%, 1% Social Security Tax Mandatory </Td> <Td> 50% </Td> <Td> 13% </Td> <Td> Taxation in Nepal </Td> </Tr> <Tr> <Td> Netherlands </Td> <Td> 20% on first € 250,000 profit . <P> 25% on € 250,001 + profit </P> </Td> <Td> 36.55% (first € 21.103 per year is deductible) </Td> <Td> 51.95% + reduction of deductions (arbeidskorting and general korting) </Td> <Td> 21% (standard rate) 6% (essential and selected goods) </Td> <Td> Taxation in the Netherlands </Td> </Tr> <Tr> <Td> New Zealand </Td> <Td> 28% </Td> <Td> 10.5% </Td> <Td> 33% </Td> <Td> 15% </Td> <Td> Taxation in New Zealand </Td> </Tr> <Tr> <Td> New Caledonia </Td> <Td> 30% </Td> <Td> 0% </Td> <Td> 25% on local income of non-residents <P> 40% </P> </Td> <Td> N / A </Td> <Td> Taxation in New Caledonia </Td> </Tr> <Tr> <Td> Nicaragua </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Nicaragua </Td> </Tr> <Tr> <Td> Niger </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Niger </Td> </Tr> <Tr> <Td> Nigeria </Td> <Td> 30% </Td> <Td> 7% </Td> <Td> 24% </Td> <Td> 5% </Td> <Td> Taxation in Nigeria </Td> </Tr> <Tr> <Td> Niue </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> 12.5% </Td> <Td> Taxation in Niue </Td> </Tr> <Tr> <Td> Norfolk Island </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Norfolk Island </Td> </Tr> <Tr> <Td> Norway </Td> <Td> 23% for 2018 </Td> <Td> 0% </Td> <Td> 23% + 8.2% + top tax (from 1.4% to 15.4%) minus deductions for 2018 </Td> <Td> 25% (standard rate) 15% (food and drink in shops) 10% (transportation, cinema and hotel services) </Td> <Td> Taxation in Norway </Td> </Tr> <Tr> <Td> Oman </Td> <Td> 15% </Td> <Td> 0% </Td> <Td> 0% </Td> <Td> 5% </Td> <Td> Taxation in Oman </Td> </Tr> <Tr> <Td> Pakistan </Td> <Td> 35% </Td> <Td> 7.5% </Td> <Td> 35% </Td> <Td> 17% (standard rate) 0% (basic food items) </Td> <Td> Taxation in Pakistan </Td> </Tr> <Tr> <Td> Palau </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Palau </Td> </Tr> <Tr> <Td> Palestine </Td> <Td> 15% </Td> <Td> 5% </Td> <Td> 15% </Td> <Td> 14.5% </Td> <Td> Taxation in Palestine </Td> </Tr> <Tr> <Td> Panama </Td> <Td> 25% </Td> <Td> 0% </Td> <Td> 27% </Td> <Td> 7% (standard rate) 15% (tobacco) 10% (alcohol and hotels) 5% (essential goods) </Td> <Td> Taxation in Panama </Td> </Tr> <Tr> <Td> Papua New Guinea </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Papua New Guinea </Td> </Tr> <Tr> <Td> Paraguay </Td> <Td> 10% </Td> <Td> 8% </Td> <Td> 10% </Td> <Td> 10% </Td> <Td> Taxation in Paraguay </Td> </Tr> <Tr> <Td> Peru </Td> <Td> 30% </Td> <Td> 0% </Td> <Td> 30% </Td> <Td> 16% (standard rate) + 2% (municipal promotional tax) + 0--118% (impuesto selectivo al consumo: liquor, cigarettes, etc .) </Td> <Td> Taxation in Peru </Td> </Tr> <Tr> <Td> Philippines </Td> <Td> 30% </Td> <Td> 0% </Td> <Td> 35% </Td> <Td> 12% (standard rate) 0% (reduced rate) </Td> <Td> Taxation in the Philippines </Td> </Tr> <Tr> <Td> Pitcairn Islands </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Pitcairn Islands </Td> </Tr> <Tr> <Td> Poland </Td> <Td> 19% (15% for SME) </Td> <Td> 0% </Td> <Td> 32% (or optional 19% flat rate for self - employed) </Td> <Td> 23% (standard rate) 8% or 5% (reduced rates) </Td> <Td> Taxation in Poland </Td> </Tr> <Tr> <Td> Portugal </Td> <Td> 21% </Td> <Td> 14.5% </Td> <Td> 48% </Td> <Td> 23% (standard rate) 13% or 6% (standard rate) 15%, 9% or 4% (Madeira and Açores) </Td> <Td> Taxation in Portugal </Td> </Tr> <Tr> <Td> Puerto Rico </Td> <Td> 20% </Td> <Td> 0% (16% Proposed from March 2015) </Td> <Td> 33.34% </Td> <Td> 11.5% </Td> <Td> Taxation in Puerto Rico </Td> </Tr> <Tr> <Td> Qatar </Td> <Td> 10% </Td> <Td> 0% </Td> <Td> 0% </Td> <Td> 0% </Td> <Td> Taxation in Qatar </Td> </Tr> <Tr> <Td> Romania </Td> <Td> 16% (or, 1% revenue for micro-entities with at least one employee, or 3% for micro-enterprises with no employees) </Td> <Td> 10% (flat tax rate) </Td> <Td> 10% (+ 25% CAS (social security) + 10% CASS (health insurance) for employed persons or only + 10% CASS calculated from the minimum wage if you earn more than the monthly minimum wage x12 months for the self - employed persons, ex you pay a maximum of 2280 RON as CASS contribution in 2018 if you earn over 22800 RON for the whole year) </Td> <Td> 19% (standard rate) 9% ((food, medicines, books, newspapers and hotel services) 5% (reduced rate) </Td> <Td> Taxation in Romania </Td> </Tr> <Tr> <Td> Russia </Td> <Td> 20% </Td> <Td> 13% (flat) </Td> <Td> 47% (35% for non-residents; 13%--standard income tax; insurance deductions: 26%--pension fund charges, <P> 2.9%--social security charges (1.8%--for non-citizens), 5.1%--medicare; </P> <P> totaling: 34% + 13% = 47%) </P> </Td> <Td> 20% (standard rate) 10% (books, certain items of food and children goods) 0% (house or flat) </Td> <Td> Taxation in Russia </Td> </Tr> <Tr> <Td> Rwanda </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Rwanda </Td> </Tr> <Tr> <Td> Saint Kitts and Nevis </Td> <Td> 0% </Td> <Td> 0% </Td> <Td> 0% </Td> <Td> N / A </Td> <Td> Taxation in Saint Kitts and Nevis </Td> </Tr> <Tr> <Td> Saint Lucia </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Saint Lucia </Td> </Tr> <Tr> <Td> Saint Pierre and Miquelon </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Saint Pierre and Miquelon </Td> </Tr> <Tr> <Td> Saint Vincent and the Grenadines </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Saint Vincent and the Grenadines </Td> </Tr> <Tr> <Td> Samoa </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Samoa </Td> </Tr> <Tr> <Td> San Marino </Td> <Td> 17% </Td> <Td> 12% </Td> <Td> 50% </Td> <Td> 0% (standard rate) 17% (imported goods) </Td> <Td> Taxation in San Marino </Td> </Tr> <Tr> <Td> São Tomé and Príncipe </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in São Tomé and Príncipe </Td> </Tr> <Tr> <Td> Sark </Td> <Td> 0% </Td> <Td> 0% </Td> <Td> 0%--There are taxes on property and personal capital (max £ 6,500). </Td> <Td> 0% </Td> <Td> Taxation in Sark </Td> </Tr> <Tr> <Td> Saudi Arabia </Td> <Td> 20% </Td> <Td> 0% (foreigners) Zakat 2.5% on capital assets (natives) </Td> <Td> 0% (foreigners) Zakat 2.5% on capital assets (natives) </Td> <Td> 5% </Td> <Td> Taxation in Saudi Arabia </Td> </Tr> <Tr> <Td> Senegal </Td> <Td> 25% </Td> <Td> 0% </Td> <Td> 50% </Td> <Td> 20% </Td> <Td> Taxation in Senegal </Td> </Tr> <Tr> <Td> Serbia </Td> <Td> 15% </Td> <Td> 10% </Td> <Td> 25% (additional contributions for state health, pension and unemployment funds) </Td> <Td> 20% (standard rate) 8% or 0% (reduced rates) </Td> <Td> Taxation in Serbia </Td> </Tr> <Tr> <Td> Seychelles </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Seychelles </Td> </Tr> <Tr> <Td> Sierra Leone </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Sierra Leone </Td> </Tr> <Tr> <Td> Singapore </Td> <Td> 17% </Td> <Td> 0% </Td> <Td> 22% (Compulsory pension deduction of 20% from Salary) </Td> <Td> 7% </Td> <Td> Taxation in Singapore </Td> </Tr> <Tr> <Td> Sint Maarten </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Sint Maarten </Td> </Tr> <Tr> <Td> Slovakia </Td> <Td> 22% </Td> <Td> 0% </Td> <Td> 25% </Td> <Td> 20% (standard rate) 10% (books and medicines) </Td> <Td> Taxation in Slovakia </Td> </Tr> <Tr> <Td> Slovenia </Td> <Td> 19% </Td> <Td> 16% </Td> <Td> 50% </Td> <Td> 22% or 9.5% </Td> <Td> Taxation in Slovenia </Td> </Tr> <Tr> <Td> Solomon Islands </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Solomon Islands </Td> </Tr> <Tr> <Td> Somalia </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Somalia </Td> </Tr> <Tr> <Td> South Africa </Td> <Td> 28% </Td> <Td> 0% (below threshold) </Td> <Td> 45% </Td> <Td> 15% </Td> <Td> Taxation in South Africa </Td> </Tr> <Tr> <Td> South Sudan </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in South Sudan </Td> </Tr> <Tr> <Td> Spain </Td> <Td> 25% </Td> <Td> 0% (below € 12,000) </Td> <Td> 45% </Td> <Td> 21% (standard rate) 10% or 4% (reduced rates) </Td> <Td> Taxation in Spain </Td> </Tr> <Tr> <Td> Sri Lanka </Td> <Td> 15%--30% </Td> <Td> 0% </Td> <Td> 15% (If annual income is more than 2.5 m LKR) </Td> <Td> 12% (standard rate) 8% or 0% (reduced rates) </Td> <Td> Taxation in Sri Lanka </Td> </Tr> <Tr> <Td> Sudan </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Sudan </Td> </Tr> <Tr> <Td> Suriname </Td> <Td> 36% </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Suriname </Td> </Tr> <Tr> <Td> Swaziland </Td> <Td> 27.5% </Td> <Td> 33% </Td> <Td> 33% </Td> <Td> 14% </Td> <Td> Taxation in Swaziland </Td> </Tr> <Tr> <Td> Sweden </Td> <Td> 22% </Td> <Td> 29.19% (first USD $2,690 per year is deductible) </Td> <Td> 60.15% (25% national) </Td> <Td> 25% (standard rate) 12% or 6% (reduced rate) </Td> <Td> Taxation in Sweden </Td> </Tr> <Tr> <Td> Switzerland </Td> <Td> 17.92% </Td> <Td> 0% </Td> <Td> 13.2% (federal) </Td> <Td> 7.7% (standard rate) 3.8% or 2.5% (reduced rates) </Td> <Td> Taxation in Switzerland </Td> </Tr> <Tr> <Td> Syria </Td> <Td> 22% </Td> <Td> 5% </Td> <Td> 15% </Td> <Td> N / A </Td> <Td> Taxation in Syria </Td> </Tr> <Tr> <Td> Taiwan </Td> <Td> 17% </Td> <Td> 6% </Td> <Td> 45% </Td> <Td> 5% </Td> <Td> Taxation in Taiwan </Td> </Tr> <Tr> <Td> Tajikistan </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Tajikistan </Td> </Tr> <Tr> <Td> Tanzania </Td> <Td> 30% </Td> <Td> 15% </Td> <Td> 30% </Td> <Td> 18% </Td> <Td> Taxation in Tanzania </Td> </Tr> <Tr> <Td> Thailand </Td> <Td> 20% </Td> <Td> 0% </Td> <Td> 35% </Td> <Td> 7% </Td> <Td> Taxation in Thailand </Td> </Tr> <Tr> <Td> Togo </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Togo </Td> </Tr> <Tr> <Td> Tokelau </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Tokelau </Td> </Tr> <Tr> <Td> Tonga </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Tonga </Td> </Tr> <Tr> <Td> Trinidad and Tobago </Td> <Td> 25% </Td> <Td> 0% </Td> <Td> 25% </Td> <Td> 12.5% </Td> <Td> Taxation in Trinidad & Tobago </Td> </Tr> <Tr> <Td> Tunisia </Td> <Td> 30% </Td> <Td> 0% </Td> <Td> 35% </Td> <Td> 18% (standard rate) 12% or 6% (reduced rate) </Td> <Td> Taxation in Tunisia </Td> </Tr> <Tr> <Td> Turkey </Td> <Td> 20% </Td> <Td> 15% </Td> <Td> 35% </Td> <Td> 18% (standard rate) 8% (clothing) 1% (certain food items) </Td> <Td> Taxation in Turkey </Td> </Tr> <Tr> <Td> Turkmenistan </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Turkmenistan </Td> </Tr> <Tr> <Td> Turks and Caicos Islands </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Turks and Caicos Islands </Td> </Tr> <Tr> <Td> Tuvalu </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Tuvalu </Td> </Tr> <Tr> <Td> Uganda </Td> <Td> 30% </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> 18% </Td> <Td> Taxation in Uganda </Td> </Tr> <Tr> <Td> Ukraine </Td> <Td> 18% </Td> <Td> 18% </Td> <Td> 18% </Td> <Td> 20% (standard rate) 7% or 0% (reduced rates) </Td> <Td> Taxation in Ukraine </Td> </Tr> <Tr> <Td> United Arab Emirates </Td> <Td> 0% </Td> <Td> 0% </Td> <Td> 0% </Td> <Td> 5% </Td> <Td> Taxation in United Arab Emirates </Td> </Tr> <Tr> <Td> United Kingdom </Td> <Td> 19% </Td> <Td> 20% <P> (plus personal allowance of £ 11,000 for people earning less than £ 100,000--tapered down to zero by £ 123,000) </P> </Td> <Td> 45% (on income over £ 150,000) </Td> <Td> 20% (standard rate) 5% (home energy and renovations) 0% (life necessities: groceries, water, prescription medications, medical equipment and supplies; public transport; children clothing; and, books and periodicals) </Td> <Td> Taxation in the United Kingdom </Td> </Tr> <Tr> <Td> United States </Td> <Td> 21% + 0--12% State / Local </Td> <Td> 0% (federal) + 0% (state) + 0%--3% (local) </Td> <Td> 51.8% = <P> 37% (max federal) + </P> <P> 13.3% (max state) + </P> <P> 1.5% (city) </P> </Td> <Td> 11.725% (highest prevailing state + local sales tax rate) 0% (lowest prevailing rate) </Td> <Td> Taxation in the United States </Td> </Tr> <Tr> <Td> Uruguay </Td> <Td> 25% </Td> <Td> 0% </Td> <Td> 30% </Td> <Td> 22% (standard rate) 11% (minimum rate) 0% (extent) </Td> <Td> Taxation in Uruguay </Td> </Tr> <Tr> <Td> Uzbekistan </Td> <Td> 8% </Td> <Td> 7.5% </Td> <Td> 22% </Td> <Td> 20% (maximum rate) 0% (minimum rate) </Td> <Td> Taxation in Uzbekistan </Td> </Tr> <Tr> <Td> Vanuatu </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Vanuatu </Td> </Tr> <Tr> <Td> Venezuela </Td> <Td> 34% </Td> <Td> 6% </Td> <Td> 34% </Td> <Td> 12% (standard rate) 9% or 7% (reduced rates) </Td> <Td> Taxation in Venezuela </Td> </Tr> <Tr> <Td> Vietnam </Td> <Td> 20% </Td> <Td> 5% </Td> <Td> 35% </Td> <Td> 10% </Td> <Td> Taxation in Vietnam </Td> </Tr> <Tr> <Td> British Virgin Islands </Td> <Td> 0% </Td> <Td> 0% </Td> <Td> 0% </Td> <Td> N / A </Td> <Td> Taxation in the British Virgin Islands </Td> </Tr> <Tr> <Td> U.S. Virgin Islands </Td> <Td> 50%--500% </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in United States Virgin Islands </Td> </Tr> <Tr> <Td> Yemen </Td> <Td> 20% </Td> <Td> 10% </Td> <Td> 15% </Td> <Td> 2% </Td> <Td> Taxation in Yemen </Td> </Tr> <Tr> <Td> Zambia </Td> <Td> 35% </Td> <Td> 10% </Td> <Td> 30% </Td> <Td> 16% </Td> <Td> Taxation in Zambia </Td> </Tr> <Tr> <Td> Zimbabwe </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> N / A </Td> <Td> Taxation in Zimbabwe </Td> </Tr> </Table> <Tr> <Th> Country </Th> <Th> Corporate tax </Th> <Th> Income tax (minimum prevailing national + subnational rate) </Th> <Th> Income tax (maximum prevailing national + subnational rate) </Th> <Th> VAT or GST or sales tax </Th> <Th> Further reading </Th> </Tr>

List of most taxed countries in the world
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