The Corporate Tax Rate in Sweden stands at 20.60 percent. This dataset provides - Sweden Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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 Denmark stands at 22 percent. This dataset provides - Denmark Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

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.

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.

Denmark is the European country with the highest top statutory income tax rate as of 2025, with the Nordic country having a top taxation band of **** percent. Other countries with high taxes on top earners included France, with a top rate of **** percent, Austria, with a top rate of ** percent, and Spain, with a top rate of ** 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 ** 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.

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 ** percent.

Approximately half of all tax revenues were generated by taxes on labor in the European Union in 2023, with an additional 26.9 percent coming from consumption taxes, and around 22 coming from taxes on capital. Sweden, Germany, and Austria were the European countries which generated the greatest revenue from labor taxes, with these countries being prime exemplars of traditional European welfare states which apply highly progressive taxes - i.e. the more income a person earns, the higher the tax bracket they are in - to labor income in order to be able to fund transfers and social services. At the other end of the scale are countries such as Croatia and Bulgaria, which generate the most of their revenues from consumption taxes. These countries tend to have lower rates of income taxation on their citizens and less robust systems of social welfare, therefore, the government funds its activities more from taxes on the consumption of goods and services.

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.

As of 2023, the average taxation rate for a single person without children who earned an average salary in the European Union was ***** percent of their total earnings. For a two-earner couple without children earning an average salary it was slightly less, at ***** percent, while for a single person without children earning **** times the average salary, the rate of taxation in the EU was *****%. Having children greatly reduced the average rate of taxation, with a one-earner couple with two children in the EU only paying out ***** 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. ******* 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 *******, *******, and ********** also top the list for highest income taxation rates in Europe, while ****** was the country in Europe with the lowest average taxation rates in Europe during the same period. In both ******* and ******, 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.

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

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.

In 2022, Germany collected approximately 285.6 billion Euros in value-added tax (VAT) receipts, the highest of any member state of the European Union in that year. The lowest recorded VAT tax revenues during this time period were in Malta, at just one billions euros.

Tax Avoidance Services Market Outlook

The global tax avoidance services market size was estimated at USD 8.5 billion in 2023 and is projected to grow to USD 15.3 billion by 2032, registering a compound annual growth rate (CAGR) of 6.5% during the forecast period. The primary growth factor driving this market is the increasing complexity of tax regulations and the need for businesses and individuals to minimize tax liabilities legally. As governments around the world continue to tighten tax laws and increase scrutiny, the demand for expert tax avoidance services is on the rise.

One significant growth factor in the tax avoidance services market is the rapid globalization of businesses. Companies operating in multiple countries face complex tax environments that require sophisticated strategies to ensure compliance while minimizing tax burdens. This has led to a surge in demand for tax advisory firms that specialize in international tax planning and cross-border tax avoidance strategies. Furthermore, the increasing number of high-net-worth individuals looking to manage their wealth efficiently is fueling the demand for personal tax avoidance services.

Another driving factor is the advancement in technology, which has enabled more sophisticated and efficient tax planning solutions. The integration of artificial intelligence (AI) and big data analytics in tax planning allows service providers to offer more precise and tailored strategies to their clients. These technological advancements help in identifying tax-saving opportunities more effectively and ensure compliance with continually changing tax laws, thus attracting more clients to utilize these services.

Additionally, the increasing awareness among businesses and individuals about the benefits of tax planning is propelling the market growth. Companies and individuals are becoming more proactive in seeking professional advice to navigate the intricate tax landscape. The shift in attitude towards tax planning—from being seen merely as a compliance requirement to being recognized as a strategic financial decision—has significantly boosted the market for tax avoidance services.

Regionally, North America holds a major share of the tax avoidance services market, followed by Europe and Asia Pacific. The stringent tax regulations in the United States and Canada, combined with a complex tax code, drive the high demand for tax avoidance services in North America. Europe follows closely due to its diverse and stringent tax laws across various countries. The Asia Pacific region is expected to witness the highest growth rate, driven by rapid economic development and increasing awareness about tax planning benefits among businesses and individuals in emerging economies like China and India.

Service Type Analysis

The tax avoidance services market is segmented into corporate tax avoidance, personal tax avoidance, offshore tax avoidance, and others. Corporate tax avoidance services hold the largest share of the market due to the complex nature of corporate tax laws and the significant financial benefits that companies can achieve through effective tax planning. Large corporations with substantial revenue streams and multinational operations particularly benefit from these services, as they need to navigate various tax jurisdictions and take advantage of different tax incentives and deductions available globally.

Personal tax avoidance services are also a significant segment within the market. High-net-worth individuals and small business owners seek professional tax services to minimize their tax liabilities legally. These services include tax-efficient investment strategies, estate planning, and the use of tax-advantaged accounts. The demand for personal tax avoidance services is expected to continue growing as more individuals become aware of the potential savings and legal compliance offered by professional tax planning.

Offshore tax avoidance services cater to businesses and individuals looking to protect their income and assets from high domestic tax rates by utilizing offshore jurisdictions with favorable tax laws. These services have been under increasing scrutiny from governments worldwide, leading to more stringent regulations and reporting requirements. Despite regulatory challenges, the demand for offshore tax avoidance services remains strong, driven by the potential for significant tax savings and asset protection benefits.

The "others" segment includes various niche tax avoidance services that cater to specific needs, s

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.

Over the period from 1995 to 2023, total annual tax revenues consistently increased from around 2.5 trillion euros in 1995, to almost seven trillion euros in 2023. Only in two years over this 27 year period did tax revenues decline compared to the previous year, in 2009 due to the great recession and in 2020 due to the coronavirus pandemic.

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 European Union stands at 17.50 percent. This dataset provides - European Union Corporate Tax Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Corporate Tax Rate in Brazil stands at 34 percent. This dataset provides - Brazil Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.