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 Personal Income Tax Rate in European Union stands at 29.90 percent. This dataset provides - European Union Personal Income Tax Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

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.

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.

As of 2025, ***** 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 and Macedonia hold some of the lowest corporate tax rates in Europe.

The "Taxes in Europe" database (TEDB) is the European Commission's on-line information tool covering the main taxes in force in the EU Member States. The system contains information on around 600 taxes, as provided to the European Commission by the national authorities. TEDB contains, for each individual tax, information on its legal basis, assessment base, main exemptions, applicable rate(s), economic and statistical classification, as well as the revenue generated by it.

The Personal Income Tax Rate In the Euro Area stands at 41.30 percent. This dataset provides the latest reported value for - Euro area Personal Income Tax Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

When analyzing the historical PIT rates, it should be noted that in 2000 the average rate was almost 45%. The highest income tax (approx. 60%) was imposed in Belgium, Denmark, as well as in the Netherlands and France. On the other hand, the lowest (25%) rates were recorded in Estonia and Latvia, which were not yet members of the European Union. In the following years, most EU countries rather lowered PIT rates, and the average of this tax in EU countries is 38.6%. The most significant reductions were introduced by Bulgaria, Lithuania, Romania and also Hungary. The PIT tax burden differs significantly in the EU countries, as some countries have relatively low rates, but in Denmark, Portugal and Sweden, the PIT tax exceeds 50%.

The country in the EU with the highest implicit taxation rate on labor income was Italy in 2023, with a rate of ** percent, while Austria had the second highest rate at **** percent. Bulgaria and Malta had the lowest rates of implicit taxes on labor income, at **** percent.

Key information about EU Tax revenue: % of GDP

• European Union Tax revenue: % of GDP was reported at 25.8 % in Dec 2023.
• This records a decrease from the previous number of 26.5 % for Dec 2022.
• EU Tax revenue: % of GDP data is updated yearly, averaging 25.9 % from Dec 1995 to 2023, with 29 observations.
• The data reached an all-time high of 26.7 % in 2021 and a record low of 24.4 % in 1995.
• EU Tax revenue: % of GDP data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Tax Revenue: % of Nominal GDP: Annual.

CEIC calculates annual Tax Revenue as % of Nominal GDP from annual Tax Revenue and quarterly Nominal GDP. Tax Revenue is calculated as the sum of Production and Import Tax and Current Taxes on Income Wealth and Etc. Eurostat provides Tax Revenue in EUR and Nominal GDP in EUR. European Union stands for EU27 excluding UK.

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

Approximately half of all tax revenues were generated by taxes on labor in the European Union in 2023, with an additional **** percent coming from consumption taxes, and around ** 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.

Informative data on established VAT rates, i.e. standard rate+, reduced rates and zero rates

This dataset provides values for PERSONAL INCOME TAX RATE.2020 reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Key information about European Union Tax Revenue

• EU Tax Revenue was reported at 5,073.957 USD bn in Dec 2024.
• This records an increase from the previous figure of 4,812.223 USD bn for Dec 2023.
• EU Tax Revenue data is updated yearly, averaging 0.000 USD mn from Dec 1999 to 2024, with 26 observations.
• EU Tax Revenue data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Tax Revenue: USD: Annual.

CEIC calculates annual Tax Revenue as the sum of Production and Import Tax and Current Taxes on Income Wealth and Etc and converts it into USD. Eurostat provides Tax Revenue in EUR. Federal Reserve Board average market exchange rate is used for currency conversions. European Union stands for EU27 excluding UK.

Implicit taxes on consumption and labor - that is, the average amount of an individual's gross income that is spent on taxes - have remained relatively stable in the European Union over the period from 1995 to 2023. At the beginning of this period, implicit taxes on consumption were around ** percent, while taxes on labor were **** percent. By 2023, implicit taxes on consumption reached **** percent, while taxes on labor were at ** percent.

******* was the European country which collected the greatest total tax revenues (including social security revenues), with the country collecting *** trillion euros of taxes in 2023. France was the country in Europe with the second-largest tax base in 2023, with *** trillion Euros of taxes collected, while Italy collected *** billion euros. The small island nation of Malta collected the least tax revenue in 2023, with only *** billion euros of revenues.

Information data on the tax rates for individuals and individual entrepreneurs, for legal persons, for peasant households and for economic operators whose income has been estimated in accordance with Articles 225 and 225(1) of the Fiscal Code.