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, Malta had the highest corporate tax rate in Europe with a ceiling of 35 percent. Germany followed in second place with a maximum tax rate of 30 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 15 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 RATES 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 11.5 percent, which applies to companies with an income over one million U.S. dollars. North Carolina had the lowest top corporate tax rate of 2.5 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.

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: Tax Rates for Regular Tax: Highest Bracket (IITTRHB) from 1913 to 2018 about individual, tax, income, rate, and USA.

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 is about books. It has 1 row and is filtered where the book is Do countries compete over corporate tax rates?. It features 7 columns including author, publication date, language, and book publisher.

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 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 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.

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.

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.

The Czechia: 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 Czechia from to is 20 percent. The minimum value, 19 percent, was reached in 2010 while the maximum of 24 percent was recorded in 2006.

As of 2023, the corporate tax rate in Turkey reached 25 percent, which indicated a 14 percent increase compared to the previous year. The lowest rate of corporate tax in the country was recorded in 2021 at 20 percent.

The CBT database builds on an existing database which has been created in 2006 as a multi-country database and developed over the years by various Research Fellows at the Centre, and earlier at the Institute for Fiscal Studies. The original version uses various sources such as OECD Tax Database, IBFD (International Bureau of Fiscal Documentation), World Tax Database from the University of Michigan, KPMG and E&Y and covered mainly OECD countries. The data currently in the database comes from various sources, mainly from: • The Worldwide Corporate Tax Guide published by E&Y; years available: 2002-2017 • data for 2011 - 2017 comes mainly from the online IBFD Tax Research Platform where they provide very detailed Country Surveys • G20 countries data has been updated to be consistent with IBFD "Global corporate tax handbook" (years 2007 - 2010) and "European tax handbook" (years 1990 - 2010) • ZEW Intermediate Report 2011, “Effective Tax levels using Devereux/Griffith methodology” • Deloitte Tax Highlights and International Tax and Business Guide; years available: 2009, 2010 • KPMG Tax Rate Survey; years available: 1998 - 2009 • PKF Worldwide Tax Guide; years available: 2007 - 2009

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.