In 2024, the standard corporate income tax rate in the Philippines was set at 25 percent. In comparison, the standard corporate income tax rates in Cambodia, Thailand, and Vietnam are at 20 percent that year.

This dataset provides values for CORPORATE TAX RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Portugal had the highest combined corporate income tax rate in 2023, reaching 31.5 percent, and was followed by Germany with a rate of 29.94 percent. On the other hand, Hungary had the lowest combined corporate income tax rate, reaching just nine percent in 2023.

This dataset provides values for CORPORATE TAX RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

This dataset provides values for CORPORATE TAX RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

This statistic displays the corporate income tax (CIT) rate in selected Nordic countries in 2017. In Norway, the corporate income tax rate amounted to 24 percent. In both Sweden and Denmark the corporate income tax rate was 22 percent. Meanwhile, Finland had a CIT rate of 20 percent which was the lowest in the surveyed Nordic countries.

Corporate income tax refers to the fact that a business as a legal entity is taxed by a government. In the Nordics in principal, a tax resident company is generally subject to corporate income tax on its income world-wide.

As of 2023, ***** had the highest corporate tax rate in Europe, with a ceiling of ** percent. Germany followed in second place, with a maximum tax rate of ** percent. Hungary, Montenegro, and the Isle of Man hold some of the lowest corporate tax rates in Europe. This may change in 2024, however, as members of the Organization for Economic Co-operation and Development (OECD) have agreed to set a global minimum corporate tax rate of ** percent.

This table gives, by tax year, the overall corporate tax. This is the situation as at June 30 of the year following the taxation year (with the exception of the 2014 and 2015 tax years for which the situation as at 30 June T+ 1 is not available). It is therefore a situation after 30 June T+ 1 for these two tax years. These are data from enrollment and not from actual receipts. A breakdown by region is also provided. This is the region where the headquarters of the companies are located. This distribution is therefore purely administrative since a company can operate in several regions of the country.

The Corporate Tax Rate in China stands at 25 percent. This dataset provides - China Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

We compare two approaches to increasing tax revenue: tax administration and tax rates. We show that when Indonesia moved top regional firms into “Medium Taxpayer Offices,” with high staff-to-taxpayer ratios, tax revenue more than doubled. Examining non-linear changes to corporate income tax rates, we estimate an elasticity of taxable income of 0.579. Combining these estimates, improved tax administration is equivalent to raising rates on affected firms by 8 percentage points. On net, improved tax administration can have significant returns for developing countries.

Austria Federal Tax Revenue: Year to Date: Gross: Income and Net Assets: ow Corporate Income Tax data was reported at 2,227.000 EUR mn in Feb 2025. This records an increase from the previous number of -35.000 EUR mn for Jan 2025. Austria Federal Tax Revenue: Year to Date: Gross: Income and Net Assets: ow Corporate Income Tax data is updated monthly, averaging 1,186.500 EUR mn from Jan 1980 (Median) to Feb 2025, with 542 observations. The data reached an all-time high of 13,625.000 EUR mn in Dec 2022 and a record low of -93.000 EUR mn in Jan 2006. Austria Federal Tax Revenue: Year to Date: Gross: Income and Net Assets: ow Corporate Income Tax data remains active status in CEIC and is reported by Oesterreichische Nationalbank. The data is categorized under Global Database’s Austria – Table AT.F013: Federal Tax Revenue.

This statistic show the corporate income tax rate in South East Asia in 2015, by country. In that year, the corporate income tax rate in Singapore for the highest top earners was approximately 17 percent.

Oman Government Revenue: Corporate Income Tax data was reported at 18.000 OMR mn in Oct 2024. This records an increase from the previous number of 12.000 OMR mn for Sep 2024. Oman Government Revenue: Corporate Income Tax data is updated monthly, averaging 10.500 OMR mn from Jan 2006 (Median) to Oct 2024, with 216 observations. The data reached an all-time high of 400.000 OMR mn in May 2024 and a record low of 0.000 OMR mn in Jan 2022. Oman Government Revenue: Corporate Income Tax data remains active status in CEIC and is reported by Ministry of Finance. The data is categorized under Global Database’s Oman – Table OM.F002: Government Revenue and Expenditure.

The average for 2022 based on 94 countries was 17.41 percent. The highest value was in Lesotho: 31.31 percent and the lowest value was in the United Arab Emirates: 0.57 percent. The indicator is available from 1972 to 2023. Below is a chart for all countries where data are available.

In 2024, of the selected CEE countries, the highest CIT taxes were paid in Slovenia. Companies in Hungary paid the lowest CIT at nine percent.

Global Corporate Income, Profits and Capital Gains Tax Revenue Perceived at a State or Regional Level by Country, 2023 Discover more data with ReportLinker!

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 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.

Effective tax rates (ETRs) estimated from the income statement data of multinational corporations (MNCs) are useful for comparing MNCs’ corporate income taxation across countries. In this paper, we propose a new methodological approach to estimate ETRs as reliably and for as many countries as possible using Orbis’ unconsolidated data for the 2011–2015 period. We focus on countries with at least 50 available companies, which results in a sample of 47, mostly European, countries. We estimate the ETR of a country as the ratio of corporate income tax to gross income for all affiliates of MNCs in that country, weighted by gross income. We propose four ETR estimations, including lower and upper bounds, which differ by gross income calculation. We find that ETRs substantially differ from statutory tax rates for some countries. For example, we show that despite similar statutory rates of 28% and 29%, MNCs in Luxembourg paid as little as 1–8% of gross income in taxes, while those in Norway paid as much as 46–67%. Despite being the best available, existing data is still imperfect. We therefore call for better data in the form of MNCs’ unconsolidated, public country-by-country reporting data.

This article aims to map the political economy of top personal income tax rate setting. A much-discussed driving factor of top rate setting is the corporate tax rate: governments may prefer to limit the differential between both rates in order to prevent tax-friendly saving of labour incomes inside corporations. Recent studies have highlighted several other driving factors, including budgetary pressure, partisan politics and societal fairness norms. I compare these and other potential determinants in the long run (1981–2018) by studying tax reforms of 226 cabinets in 19 advanced OECD countries using regression models. I find little evidence for the effects of economic, political and institutional factors; instead, the main determinant of the top rate is the corporate tax rate. As corporate tax rates are still declining under competitive pressure, the recently set minimum rate of 15% will not stop tax competition from constraining progressive income taxation.

Graph and download economic data for Corporate profits after tax: Rest of the world (A3274C0A144NBEA) from 1929 to 2023 about corporate profits, tax, corporate, and GDP.