Global Corporate Tax Rates
Embark on a visual journey to understand the corporate tax rates across diverse territories. This choropleth map provides a comprehensive view of the corporate tax landscape, revealing the varying rates that shape the global business environment.
Key Highlights:
- Lowest Corporate Tax Rates: Notable territories with zero corporate tax include Bahrain, Bermuda, Cayman Islands, and the United Arab Emirates.
- Highest Corporate Tax Rates: Argentina (35%), Malta (35%), and Portugal (31.5%) lead with high corporate tax rates in their respective continents.
- Global Variances: The map showcases a spectrum of corporate tax rates, ranging from 0% in tax havens to 50% in Comoros.
Conclusion:
The global corporate tax map depicts a wide range of rates, from zero in tax havens like Bahrain and Bermuda to varying percentages worldwide. This diversity underscores nations' strategic choices to attract businesses or bolster revenue. Notably, tax havens with zero corporate tax, such as the United Arab Emirates, aim to enhance economic competitiveness. Conversely, countries like Argentina and Portugal impose higher rates, influencing corporate decisions. Understanding these tax dynamics is crucial for businesses navigating international markets, emphasizing the need for strategic financial planning and decision-making in a globally interconnected economic landscape.
Dataset
Country | Corporate Tax Rate |
---|---|
Afghanistan | 20 |
Aland Islands | 20 |
Albania | 15 |
Algeria | 26 |
American Samoa | 34 |
Andorra | 10 |
Angola | 25 |
Anguilla | 0 |
Antigua and Barbuda | 25 |
Argentina | 35 |
Armenia | 18 |
Aruba | 25 |
Australia | 30 |
Austria | 25 |
Azerbaijan | 20 |
Bahamas | 0 |
Bahrain | 0 |
Bangladesh | 30 |
Barbados | 5.5 |
Belarus | 18 |
Belgium | 25 |
Belize | 0 |
Benin | 30 |
Bermuda | 0 |
Bhutan | 25 |
Bolivia (Plurinational State of) | 25 |
Bonaire, Sint Eustatius and Saba | 25.8 |
Bosnia and Herzegovina | 10 |
Botswana | 22 |
Brazil | 34 |
British Virgin Islands | 0 |
Brunei Darussalam | 18.5 |
Bulgaria | 10 |
Burkina Faso | 27.5 |
Burundi | 30 |
Cabo Verde | 22 |
Cambodia | 20 |
Cameroon | 33 |
Canada | 26.21 |
Cayman Islands | 0 |
Central African Republic | 30 |
Chad | 35 |
Chile | 27 |
China | 25 |
China, Hong Kong Special Administrative Region | 16.5 |
China, Macao Special Administrative Region | 12 |
Colombia | 35 |
Comoros | 50 |
Congo | 28 |
Cook Islands | 20 |
Costa Rica | 30 |
Cote d'Ivoire | 25 |
Croatia | 18 |
Cuba | 35 |
Curacao | 22 |
Cyprus | 12.5 |
Czechia | 19 |
Democratic Republic of the Congo | 30 |
Denmark | 22 |
Djibouti | 25 |
Dominica | 25 |
Dominican Republic | 27 |
Ecuador | 25 |
Egypt | 22.5 |
El Salvador | 30 |
Equatorial Guinea | 35 |
Eritrea | 30 |
Estonia | 20 |
Ethiopia | 30 |
Falkland Islands (Malvinas) | 26 |
Faroe Islands | 18 |
Fiji | 20 |
Finland | 20 |
France | 25.825 |
French Polynesia | 25 |
Gabon | 30 |
Gambia | 27 |
Georgia | 15 |
Germany | 29.83 |
Ghana | 25 |
Gibraltar | 12.5 |
Greece | 22 |
Greenland | 26.5 |
Grenada | 28 |
Guam | 21 |
Guatemala | 25 |
Guernsey | 0 |
Guinea | 35 |
Guinea-Bissau | 25 |
Guyana | 25 |
Haiti | 30 |
Honduras | 25 |
Hungary | 9 |
Iceland | 20 |
India | 30 |
Indonesia | 22 |
Iran (Islamic Republic of) | 25 |
Iraq | 15 |
Ireland | 12.5 |
Isle of Man | 0 |
Israel | 23 |
Italy | 27.81 |
Jamaica | 25 |
Japan | 29.74 |
Jersey | 0 |
Jordan | 20 |
Kazakhstan | 20 |
Kenya | 30 |
Kiribati | 30 |
Kosovo, Republic of | 10 |
Kuwait | 15 |
Kyrgyzstan | 10 |
Lao People's Democratic Republic | 20 |
Latvia | 20 |
Lebanon | 17 |
Lesotho | 25 |
Liberia | 25 |
Libya | 20 |
Liechtenstein | 12.5 |
Lithuania | 15 |
Luxembourg | 24.94 |
Madagascar | 20 |
Malawi | 30 |
Malaysia | 24 |
Maldives | 15 |
Mali | 30 |
Malta | 35 |
Mauritania | 25 |
Mauritius | 15 |
Mexico | 30 |
Micronesia (Federated States of) | 30 |
Monaco | 25 |
Mongolia | 25 |
Montenegro | 15 |
Montserrat | 30 |
Morocco | 31 |
Mozambique | 32 |
Myanmar | 22 |
Namibia | 32 |
Nauru | 25 |
Nepal | 25 |
Netherlands | 25.8 |
New Caledonia | 30 |
New Zealand | 28 |
Nicaragua | 30 |
Niger | 30 |
Nigeria | 30 |
Niue | 30 |
Northern Mariana Islands | 21 |
Norway | 22 |
Oman | 15 |
Pakistan | 29 |
Panama | 25 |
Papua New Guinea | 30 |
Paraguay | 10 |
Peru | 29.5 |
Philippines | 25 |
Poland | 19 |
Portugal | 31.5 |
Puerto Rico | 37.5 |
Qatar | 10 |
Republic of Korea | 27.5 |
Republic of Moldova | 12 |
Romania | 16 |
Russian Federation | 20 |
Rwanda | 30 |
Saint Barthelemy | 0 |
Saint Helena | 25 |
Saint Kitts and Nevis | 33 |
Saint Lucia | 30 |
Saint Martin (French Part) | 20 |
Saint Vincent and the Grenadines | 30 |
Samoa | 27 |
San Marino | 17 |
Sao Tome and Principe | 25 |
Saudi Arabia | 20 |
Senegal | 30 |
Serbia | 15 |
Seychelles | 25 |
Sierra Leone | 25 |
Singapore | 17 |
Sint Maarten (Dutch part) | 34.5 |
Slovakia | 21 |
Slovenia | 19 |
Solomon Islands | 30 |
South Africa | 28 |
South Sudan | 30 |
Spain | 25 |
Sri Lanka | 24 |
State of Palestine | 15 |
Sudan | 35 |
Suriname | 36 |
Swaziland | 27.5 |
Sweden | 20.6 |
Switzerland | 19.699 |
Syrian Arab Republic | 28 |
Taiwan | 20 |
Tajikistan | 18 |
Thailand | 20 |
The former Yugoslav Republic of Macedonia | 10 |
Timor-Leste | 10 |
Togo | 27 |
Tokelau | 0 |
Tonga | 25 |
Trinidad and Tobago | 30 |
Tunisia | 15 |
Turkey | 23 |
Turkmenistan | 8 |
Turks and Caicos Islands | 0 |
Uganda | 30 |
Ukraine | 18 |
United Arab Emirates | 0 |
United Kingdom of Great Britain and Northern Ireland | 19 |
United Republic of Tanzania | 30 |
United States of America | 25.808 |
United States Virgin Islands | 23.1 |
Uruguay | 25 |
Uzbekistan | 15 |
Vanuatu | 0 |
Venezuela (Bolivarian Republic of) | 34 |
Viet Nam | 20 |
Wallis and Futuna Islands | 0 |
Yemen | 20 |
Zambia | 30 |
Zimbabwe | 24.72 |
Data sources
Data as of 2022