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.

Denmark is the European country with the highest top statutory income tax rate as of 2024, 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.

This dataset provides values for SALES 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.

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.

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.

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%.

We analyze the effects of top tax rates on international migration of football players in 14 European countries since 1985. Both country case studies and multinomial regressions show evidence of strong mobility responses to tax rates, with an elasticity of the number of foreign (domestic) players to the net-of-tax rate around one (around 0.15). We also find evidence of sorting effects (low taxes attract highability players who displace low-ability players) and displacement effects (low taxes on foreigners displace domestic players). Those results can be rationalized in a simple model of migration and taxation with rigid labor demand.

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.

The average for 2019 based on 43 countries was 37.76 percent. The highest value was in France: 60.7 percent and the lowest value was in North Macedonia: 13 percent. The indicator is available from 2005 to 2019. Below is a chart for all countries where data are available.

The dataset combines information on the effective resource tax rate in European countries and the resource productivity calculated as GDP over DMC (domestic material consumption). Alternative Circular Economy Indicators are also included (Circular Material Use Rate, Material Footprint, GVA from CE-related sectors, Patents related to recycling and secondary material). It is a panel dataset comprising 29 countries from 1995 to 2021.

The following data presents the average CIT rate in European Union countries between 2008-2016 . When analyzing the level of the rates of this tax in the EU countries in 2008, 2010, 2012, 2014 and 2016, a smaller number of changes can be observed than in the case of other taxes e.g. value added tax (the average value of the rate for the entire EU did not change in the analyzed period). In the analyzed period, five countries decided to increase the rate of the levy, while nine reduced the amount of the tax levied. The other countries left the rate unchanged. Lowering the amount of this tax is a general trend that began in the European Union

This dataset provides values for PERSONAL INCOME TAX RATE . ACESSO EM 17.02.2022 reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Finland had the highest tax on spirits of all alchol volumes in the European Union as of June 2024. One *** liter bottle of spirits with an alcohol volume of ** percent was taxed at ***** euros in Finland. In contrast, the same bottle of spirits would be taxed at just **** euros in Bulgaria.

Decomposing taxes by source (labor, capital, sales), we analyze the impact of automation (1) on tax revenues, (2) the structure of taxation, and (3) identify channels of impact in 19 EU countries during 1995-2016. Robots and Information and Communication Technologies (ICT) are different technologies designed to automate manual (robots) or cognitive tasks (ICT). Until 2007, robot diffusion was associated with decreasing factor and tax income, and a shift from taxes on capital to goods. ICTs coincided with changes in the structure of taxation from capital to labor. We find decreasing employment, but increasing wages and labor income. After 2008, we do not find an effect for robots but observe an ICT-induced increase in capital income, a rise of services, but no effect on taxation. Automation goes through different phases with different economic impacts which affect the amount and structure of taxes. Whether automation is negatively related to taxation depends (a) on the technology type, (b) the stage of diffusion and (c) local conditions.

This horizontal bar chart displays tax revenue (% of GDP) by region using the aggregation average, weighted by gdp in Europe. The data is about countries.

Boundless, the fully compliant Employer of Record platform, compiled and analysed the employment costs in 32 countries within Europe, including gross salary, social and health insurance contributions, income taxes, net pay and more.

To collect this data, Boundless leveraged their internal salary calculators, a resource developed and used by the Boundless Payroll team in collaboration with local payroll partners in each country. This approach enabled Boundless to capture the true costs associated with employing staff in each of the 32 countries, taking into account all applicable regional nuances, and ensure that the findings reflect the latest legal and economic conditions.

The statistic shows payroll taxes of 100 euros gross earnings in member states of the European Union in 2020. Payroll taxes include social contributions, the cost of professional education and training, the taxes on payroll or number of employees, and other special expenses. In 2020, payroll taxes of 100 euros gross earning amounted to 32 euros in the European Union.

This dataset provides values for P...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.

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.