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 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.

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.

Niger: 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 Niger from to is percent. The minimum value, percent, was reached in while the maximum of percent was recorded in .

In 2023, of the selected CEE countries, the highest CIT taxes were paid in Slovakia. Companies in Hungary paid the lowest CIT at nine percent.

Korea Total Tax Rate: % of Profit data was reported at 33.100 % in 2017. This stayed constant from the previous number of 33.100 % for 2016. Korea Total Tax Rate: % of Profit data is updated yearly, averaging 33.200 % from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 36.800 % in 2005 and a record low of 30.200 % in 2010. Korea Total Tax Rate: % of Profit data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Korea – Table KR.World Bank: Company Statistics. Total tax rate measures the amount of taxes and mandatory contributions payable by businesses after accounting for allowable deductions and exemptions as a share of commercial profits. Taxes withheld (such as personal income tax) or collected and remitted to tax authorities (such as value added taxes, sales taxes or goods and service taxes) are excluded.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year.

This data package includes the underlying data and files to replicate the calculations, charts, and tables presented in Lessons for US Business Tax Reform from International Tax Rates, PIIE Policy Brief 17-2. If you use the data, please cite as: Hufbauer, Gary Clyde, and Zhihao (Lucy) Lu. (2017). Lessons for US Business Tax Reform from International Tax Rates. PIIE Policy Brief 17-2. Peterson Institute for International Economics.

Portugal PT: Total Tax Rate: % of Profit data was reported at 39.800 % in 2017. This stayed constant from the previous number of 39.800 % for 2016. Portugal PT: Total Tax Rate: % of Profit data is updated yearly, averaging 42.300 % from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 43.800 % in 2006 and a record low of 39.800 % in 2017. Portugal PT: Total Tax Rate: % of Profit data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Portugal – Table PT.World Bank: Company Statistics. Total tax rate measures the amount of taxes and mandatory contributions payable by businesses after accounting for allowable deductions and exemptions as a share of commercial profits. Taxes withheld (such as personal income tax) or collected and remitted to tax authorities (such as value added taxes, sales taxes or goods and service taxes) are excluded.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year.

The average for 2019 based on 11 countries was 30.55 percent. The highest value was in India: 49.7 percent and the lowest value was in Brunei: 8 percent. The indicator is available from 2005 to 2019. Below is a chart for all countries where data are available.

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 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.

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.

Gabon GA: Time to Prepare and Pay Taxes data was reported at 488.000 Hour in 2017. This stayed constant from the previous number of 488.000 Hour for 2016. Gabon GA: Time to Prepare and Pay Taxes data is updated yearly, averaging 488.000 Hour from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 488.000 Hour in 2017 and a record low of 488.000 Hour in 2017. Gabon GA: Time to Prepare and Pay Taxes data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Gabon – Table GA.World Bank: Company Statistics. Time to prepare and pay taxes is the time, in hours per year, it takes to prepare, file, and pay (or withhold) three major types of taxes: the corporate income tax, the value added or sales tax, and labor taxes, including payroll taxes and social security contributions.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year.

This dataset contains the World Bank Doing Business Measuring Regulatory Quality and Efficiency for the period 2004 - 2020. Data from World Bank.

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Going Beyond Efficiency finds that entrepreneurs in 123 economies saw improvements in their local regulatory framework last year. Between June 2013 and June 2014, the report, which measures 189 economies worldwide, documented 230 business reforms, with 145 reforms aimed at reducing the complexity and cost of complying with business regulation, and 85 reforms aimed at strengthening legal institutions - with Sub-Saharan Africa accounting for the largest number of such reforms. Read about business reforms. Tajikistan, Benin, Togo, Côte d’Ivoire, Senegal, Trinidad and Tobago, the Democratic Republic of Congo, Azerbaijan, Ireland and the United Arab Emirates are among the economies that improved the most in 2013/2014 in areas tracked by Doing Business. Together, these 10 top improvers implemented 40 regulatory reforms making it easier to do business. Sub-Saharan Africa accounts for 5 of the 10 top improvers in 2013/14. The region also accounts for the largest number of regulatory reforms making it easier to do business in the past year—75 of the 230 worldwide. More than 70% of its economies carried out at least one such reform. For the first time this year, Doing Business collected data for 2 cities in 11 economies with more than 100 million inhabitants. The economies are: Bangladesh, Brazil, China, India, Indonesia, Japan, Mexico, Nigeria, Pakistan, the Russian Federation, and the United States. The added city enables a subnational comparison and benchmarking against other large cities. Differences between cities are more common in indicators measuring the steps, time and cost to complete a standardized transaction where local agencies play a larger role, finds the report. Case studies highlighting good practices in 8 of the areas measured by Doing Business indicator sets are featured in the report: the growing efficiency of company registries in starting a business; zoning and urban planning in dealing with construction permits; measuring quality of land administration in registering property; importance of registries in getting credit; going beyond related-party transactions in protecting minority investors; trends before and after the financial crisis in paying taxes; judicial efficiency supporting freedom of contract in enforcing contracts; and measuring strength of insolvency laws in resolving insolvency. See all case studies. The report this year expands the data in three of the 10 topics covered, with further plans to expand on five topics in next year’s report. The Doing Business rankings are now based on a distance to the frontier measure. Each economy from the 189 economies measured is evaluated based on how close their business regulations are to the best global practices. A higher score indicates a more efficient business environment and stronger legal institutions.

Note: In recent years, Doing Business introduced improvements to all of its indicator sets. In Doing Business 2015, getting credit and protecting minority investors broadened their existing measures. In Doing Business 2016, dealing with construction permits, getting electricity, registering property and enforcing contracts also introduced new measures of quality, and trading across borders introduced a new case scenario to increase the economic relevance. In Doing Business 2017, paying taxes introduced new measures of postfiling processes.

Yemen YE: Time to Prepare and Pay Taxes data was reported at 248.000 Hour in 2017. This stayed constant from the previous number of 248.000 Hour for 2016. Yemen YE: Time to Prepare and Pay Taxes data is updated yearly, averaging 248.000 Hour from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 248.000 Hour in 2017 and a record low of 248.000 Hour in 2017. Yemen YE: Time to Prepare and Pay Taxes data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Yemen – Table YE.World Bank: Company Statistics. Time to prepare and pay taxes is the time, in hours per year, it takes to prepare, file, and pay (or withhold) three major types of taxes: the corporate income tax, the value added or sales tax, and labor taxes, including payroll taxes and social security contributions.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year.

This statistic shows the company profit tax rates in Belgium, Luxembourg and the Netherlands as of November 2019. As of November 2019, the company profit tax rate in Belgium reached 33percent, which was the highest in the Benelux region.

Graph and download economic data for Current taxes, contributions for government social insurance, and transfer receipts from the rest of the world: to business (LA0000291A027NBEA) from 1999 to 2024 about transfers, contributions, receipts, insurance, tax, business, government, and GDP.

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