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.

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.

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 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.

For 2023, the U.S. state with the highest tax rate on the highest corporate income bracket is New Jersey, with a top corporate income tax rate of **** percent, which applies to companies with an income over *********** U.S. dollars. North Carolina had the lowest top corporate tax rate of *** percent, and both South Dakota and Wyoming have no corporate income tax.

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 RATES reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

The corporate tax rate in India was forecast to continuously decrease between 2024 and 2029 by in total 1.4 percentage points. After the sixth consecutive decreasing year, the corporate tax rate is estimated to reach 28.2 percent and therefore a new minimum in 2029. Depicted is the corporate tax rate in the country or region at hand. The shown rate refers to the nominal top marginal tax rate. The actual rate usually varies considerably by company.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than 150 countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).Find more key insights for the corporate tax rate in countries like Sri Lanka and Bangladesh.

Graph and download economic data for U.S Individual Income Tax: Taxable Income Boundary Over which the Highest Tax Rate Bracket Applies (IITTIHB) from 1913 to 2018 about individual, tax, income, rate, and USA.

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.

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.

The statistic represents the business tax rate in Central Asian and Eastern European countries in 2012, by tax category. In 2012, a medium sized business in Russia had to pay about 8 percent of profit taxes.

The statistic represents the business tax rate in European Union and EFTA countries in 2012, by tax category. In 2012, a medium sized business in Belgium had to pay about 6.4 percent of profit taxes.

The USA: Corporate tax rate: The latest value from is percent, unavailable from percent in . In comparison, the world average is 0 percent, based on data from countries. Historically, the average for the USA from to is 37 percent. The minimum value, 27 percent, was reached in 2018 while the maximum of 40 percent was recorded in 2006.

Israel Tax Rate: Corporation data was reported at 25.000 % in 2016. This records a decrease from the previous number of 26.500 % for 2015. Israel Tax Rate: Corporation data is updated yearly, averaging 36.000 % from Dec 1980 (Median) to 2016, with 37 observations. The data reached an all-time high of 66.100 % in 1985 and a record low of 24.000 % in 2011. Israel Tax Rate: Corporation data remains active status in CEIC and is reported by Bank of Israel. The data is categorized under Global Database’s Israel – Table IL.F004: Tax Rates.

Croatia: Corporate tax rate: The latest value from is percent, unavailable from percent in . In comparison, the world average is 0 percent, based on data from countries. Historically, the average for Croatia from to is 20 percent. The minimum value, 18 percent, was reached in 2018 while the maximum of 20 percent was recorded in 2006.

This statistic shows the effective corporate income tax rates in the United States in 2014, by state. New York had the highest effective income tax rate for mature corporate headquarters in the United States in 2014, at a rate of 25.3 percent.

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.

In 2019, the profit tax rate paid by businesses in Bhutan amounted to 33.9 percent of profits. Comparatively, the profit tax rate paid by businesses in Brunei amounted to less than one percent of profits in 2019.