In 2020, the average tax rate of the top 10 percent of earners in the United States stood at 20.3 percent. For the top one percent of earners, the average tax rate stood at 25.99 percent, and for all taxpayers, the average tax rate was 13.63 percent.

This statistic shows the average effective U.S. corporate income tax rates in 2008, by industry. In 2008, corporations in the mining industry had an effective tax rate of 22.5 percent on average.

This table provides individual taxation statistics, including effective tax and transfer rates, the total amount of taxes paid and government transfers received, and the proportion of Canadian taxfilers that pay tax or receive government transfers.

As of 2023, the average taxation rate for a single person without children who earned an average salary in the European Union was 29.67 percent of their total earnings. For a two-earner couple without children earning an average salary it was slightly less, at 29.57 percent, while for a single person without children earning 1.67 times the average salary, the rate of taxation in the EU was 35.16%. Having children greatly reduced the average rate of taxation, with a one-earner couple with two children in the EU only paying out 15.97 percent of their gross household earnings in taxes in 2023. Tax rates in Europe are generally quite high, due to the progressive income tax systems set in place during the 20th century in many countries, which require high taxation in order to fund generous social welfare systems. Belgium was the country with the highest average rates of taxation in 2023, with a high earning single person without children subject to pay almost half of their gross household earnings out in taxes. Other countries in North-western Europe such as Germany, Denmark, and Luxembourg also top the list for highest income taxation rates in Europe, while Cyprus was the country in Europe with the lowest average taxation rates in Europe during the same period. In both Czechia and Poland, single-earner families with two children actually saw the lowest average tax rates, due to the strong pronatalist policies in these countries and tax incentives for traditional single-earner households.

Graph and download economic data for U.S Individual Income Tax: Tax Rates for Regular Tax: Highest Bracket (IITTRHB) from 1913 to 2018 about individual, tax, income, rate, and USA.

This table provides census family taxation statistics, including effective tax and transfer rates, the total amount of taxes paid and government transfers received, and the proportion of Canadian census families that pay tax or receive government transfers.

The Personal Income Tax Rate in France stands at 45 percent. This dataset provides the latest reported value for - France Personal Income Tax Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for Personal Taxes: Federal Income Taxes by Quintiles of Income Before Taxes: Lowest 20 Percent (1st to 20th Percentile) (CXUFEDTAXESLB0102M) from 1984 to 2023 about percentile, tax, federal, personal, income, and USA.

The Personal Income Tax Rate in Denmark stands at 55.90 percent. This dataset provides - Denmark Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Replication dataset for "Effective corporate income taxation and its effect on capital accumulation: Cross-country evidence"

Abstract It is debated to what extent corporate taxation discourages capital formation, and the related empirical cross-country evidence is inconclusive. This paper provides new insights into this matter for a large sample of developed and developing countries. In a first step, national accounts data is used to calculate backward-looking effective corporate income tax rates (ECTR) for 77 countries during 1995–2018. In a second step, dynamic panel data regressions are used to estimate the effect of ECTR on aggregate corporate investment. The main findings of this exercise are that (i) statutory corporate income tax rates (SCTR), on average, are twice as high as ECTR, (ii) average ECTR have been relatively stable but show distinct dynamics across countries, and (iii) no significant negative relationship exists between ECTR and aggregate corporate investment. The latter finding is robust to different specifications and samples and when publicly available SCTR or forward-looking effective tax rate measures are used as alternative tax rate proxies.

The Corporate Tax Rate in the United States stands at 21 percent. This dataset provides - United States Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Denmark is the European country with the highest top statutory income tax rate as of 2024, with the Nordic country having a top taxation band of 55.9 percent. Other countries with high taxes on top earners included France, with a top rate of 55.4 percent, Austria, with a top rate of 55 percent, and Spain, with a top rate of 54 percent. Many countries in Europe have relatively high top income tax rates when compared with other regions globally, as these countries have relatively generous social systems funded by tax incomes. This is particularly the case in Western, Northern, and Central Europe, where the social state is generally stronger. On the other hand, formerly communist countries in the Central and Eastern Europe (CEE) region tend to have lower top income tax rates, with Romania and Bulgaria having the lowest rates in Europe in 2024, with their top income tax brackets both being only 10 percent. These countries often have less well-developed social systems, as well as the fact that they must compete to retain their workers against other European countries with higher average wages. In spite of low-income taxes, these countries may take other deductions from employee's wages such as pension and healthcare payments, which may not be included in income taxation as in other European countries.

Graph and download economic data for Federal Receipts as Percent of Gross Domestic Product (FYFRGDA188S) from 1929 to 2024 about receipts, federal, GDP, and USA.

The product has been discontinued since: 02 Jul 2018.

The implicit tax rate on employed labour is defined as the sum of all direct and indirect taxes and employees' and employers' social contributions levied on employed labour income divided by the total compensation of employees working in the economic territory increased by taxes on wage bill and payroll. The ITR on labour is calculated for employed labour only (so excluding the tax burden falling on social transfers, including pensions). The implicit tax rate on labour should be seen as a summary measure that approximates an average effective tax burden on labour income in the economy. Source: Structures of the taxation systems in the European Union

The Personal Income Tax Rate in Sweden stands at 52 percent. This dataset provides - Sweden Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The statistic above provides information on the average effective foreign income tax rate of U.S. corporations in 2010, by country. In 2010, U.S. corporations that earned taxable income in Norway had an average tax rate of 66 percent.

The Personal Income Tax Rate in the United States stands at 37 percent. This dataset provides - United States Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In total, about 59.9 percent of U.S. households paid income tax in 2022. The remaining 40.1 percent of households paid no individual income tax. In that same year, about 47.1 percent of U.S. households with an income between 40,000 and 50,000 U.S. dollars paid no individual income taxes.

The Personal Income Tax Rate in Finland stands at 57.65 percent. This dataset provides - Finland Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2023/24, households in the top decile in the United Kingdom paid, on average, 48,189 British pounds in income tax, compared with the lowest income decile which paid around 1,783 pounds per year.