Corporate tax revenues in oecd countries article pdf available in international tax and public finance 142. Download the file and unzip it file into the folder or directory you created. Corporate income tax rates fiscal around the world, 2015 fact. Transfer pricing rules and regulations around the world continue to grow in. Specifically, the competition ensures a much needed discussion of the proper mode of federal taxation.
After unzipping this file, use a file manager to navigate. European ships were unable to land along much of the west african coast due to lack of safe anchorage. Taxes are the most important source of government revenue. According to the most recent estimates from the international centre for tax and development, total tax revenues account for more. Tax collection costs as a percentage of the amount collected by central governments, us and uk, 1787962011 figure 2 in lindert 2012. The direction and timing of the effects, on consumption, of. World factbook download 2011 central intelligence agency. Social insurance taxes social insurance taxes and other wage taxes have risen rapidly worldwide. The tax facts 2011 cover all direct and indirect taxation including corporation tax, income tax for. Oecd factbook 2014 is a comprehensive annual statistical publication. Corporate tax rates table kpmg global kpmg international. This book was assembled by the reporters and editors of the wall street journal.
Auerbach university of california, berkeley, and nber may 6, 2006 currently visiting professor of law, new york university. Development, the united nations and the world bank. Oecd factbook 201112 is a comprehensive and dynamic statistical annual. To begin using the world factbook, find and double. A flat tax would be fine, a consumption tax true perfection. Some other taxes for instance property tax, substantial in many countries, such as the united states and payroll tax are not shown here. The tax facts 2011 should be used as a source of general information about. In the united states, consumption represents about 70 percent of gdp see table 2 below. In other oecd countries, social insurance and other wage taxes rose from 6.
The term securities is defined as shares, bonds, debentures, founders. I am grateful to dan shaviro for comments on an earlier. Tax effort actual tax revenue as a percentage of estimated potential tax revenue afdb, 2011 tax evasion efforts by individuals, corporations, trusts and other. Capital gains and qualified dividends taxes 2017 2016 rates on qualified dividends and gains for assets held at least 12 months 15% bracket or below 0 % 0% 25%, 28%, 33%, 35% bracket 15% 15%. Taxation is by and large the most important source in nearly all countries. C their merger with the earlier dravidian inhabitants.
This content is for general information purposes only, and. The tax facts 2012 cover all direct and indirect taxation including corporation tax, income tax for individuals, special contribution for. Bartlett 2011 cites statistics that indicate the base of the valu eadded taxes in a number of developed countries average about 50 percent of consumption. Worldwide tax summaries corporate taxes 201718 all information in this book, unless otherwise stated, is up to date as of 1 june 2017.
New quick charts, providing territory specific tax information. The october 2016 pdf contains a bitmap version, not vector. January 2015 is the latest vector version available of this file. Do countries impose turnover taxes on gross interest and other income of. Sep 29, 2017 economics the 10 tax havens of the world. Citizens of the united states cannot escape paying u. Data have been updated using 2011 tax expenditure statement. More than 100 indicators cover a wide range of areas. Article pdf available december 2011 with 1,731 reads. After unzipping this file, use a file manager to navigate to the folder or directory. Corporate income tax rates around the world, 2015 by kyle pomerleau economist sept.
A few countries across the world offer the most favorable tax or other conditions to its taxpayers. Review of current practices for taxation of financial instruments, profits and remuneration of the financial sector 110912 5 of 72 4. Tax effort actual tax revenue as a percentage of estimated potential tax revenue afdb, 2011 tax evasion efforts by individuals, corporations, trusts and other entities to evade taxes by illegal means. Estimating international tax evasion by individuals european. A comparison of the tax burden on labor in the oecd pdf key findings. Corporate residence based on albanian legislation, a legal entity is deemed to be resident in albania if it has. We occasionally update these publications, so if you rely on the data for more than simple informational purposes, we recommend that you check back periodically for updates. Close to 100 indicators cover a wide range of areas.
Oecd factbook 20112012 oecd factbook is the bestselling, annual title from the oecd. Effects of taxation on national income tax history. The tax facts 2011 should be used as a source of general information about the cyprus tax legislation and they cannot substitute proper professional tax advice. The proportion of countries with tax shares representing more than 75% of the retail price the minimum level recommended by who of the most popular brand of cigarettes increased from 15 of the 53 countries in the european region in 2008 to 261 in 2012 table 1. This content is for general information purposes only, and should not be used as a substitute for. Capital gains and qualified dividends taxes 2017 2016 rates on qualified dividends and gains for assets held at least 12 months 15% bracket or below 0 % 0% 25%, 28%, 33%, 35% bracket 15% 15% 39. By contrast, the sierra leone estuary offers ideal anchorage for. Detailed information on the impact of the tax system on. The cias mission includes collecting and analyzing information about high priority national security. All of our world in data is completely open access and all work is licensed under the creative commons by license. Personal tax rates the following income tax rates apply to individuals. The sierra leone estuary became a focal point for trade and interaction between africans and europeans because of its exceptional harbor, starting in the mid15th century. Apr 12, 2016 the oecd which analyzed taxes in about 40 countries made the comparison by taking the average annual salary and then subtracting federal and local income taxes, as well as employee social. Worldwide tax summaries cuts through those complexities.
Ireland taxation, corporate, tax, corporation, taxes 2010. Jun 06, 2019 taxes collected in finland are distributed throughout the government, church, municipalites, and kela, which is the institution that takes care of social services such as unemployment benefits, child benefits, health insurance, and student financial aid. Local income taxes local taxes on income depend on a number of factors, such as type of activity, municipality where the business is located, and the annual turnover. Zip file format, for the convenience of visitors who wish to download a personal copy. It provides a global overview of todays major economic, social and environmental indicators, in a range of userfriendly formats. In it, they explain what individuals, business owners and professionals need to. Browse our indepth guides covering corporate tax, indirect tax, personal taxes. The cias mission includes collecting and analyzing information about high priority national security issues such as international terrorism, the proliferation of weapons of mass destruction, cyber attacks, international organized crime and narcotics trafficking, regional conflicts. The tax facts 2011 are fully revised and updated including any legislative amendments that will take place in 2011 and they were approved by the parliament and published on 31 december 2010.
A comparison of the tax burden on labor in the oecd, 2015. A full and detailed description of the prevailing tax system is not the aim of this booklet nor could it be covered in a brief publication of this kind. This useful online tool will help you make informed decisions with the most uptodate and relevant details about tax systems in more than 150 territories worldwide. Download national and state corporate income tax rates, u. Taxation patterns around the world today reveal large crosscountry.
Tax factbook ringbound july 15, 1999 by robert leach author see all formats and editions hide other formats and editions. To begin using the world factbook, find and doubleclick the index file there are two index filesboth work equally well. Own computations, world bank indicators for global gdp. The total tax burden faced by average wage earners in the united states is 31. Supporting the development of more effective tax systems oecd. Such dividend and interest income is subject to special contribution for defence. Oecd factbook 20152016 is a comprehensive and dynamic statistical publication from the oecd. Corporate income tax rates fiscal around the world, 2015.
Country list world factbook home the world factbook india introduction india background. The report also provides tax expenditure estimates. Location, 2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 20, 2014, 2015, 2016, 2017, 2018, 2019, 2020, footnotes. The list focuses on the main indicative types of taxes. A federal consumption tax as replacement for the employer. And sure enough, millions around the world file taxes every year a huge source of government revenue. The world factbook countrylocation photo gallery modal world. The netherlands is a low country in western europe. Tax evasion usually entails taxpayers deliberately misrepresenting or concealing the true state. The oecd which analyzed taxes in about 40 countries made the comparison by taking the average annual salary and then subtracting federal and local income taxes, as well as employee. Fall 2009 fall 2010 fall 2011 fall 2012 fall 20 transfers 68 38 42 57 61. According to the most recent estimates from the international centre for tax and development, total tax revenues account for more than 80% of total government revenue in about half of the countries in the world and more than 50% in almost every country. More than 100 indicators cover a wide range of topics including new indicators on trade in value added and climate change. Value of free food and beverages, gift, credit card.
Combined rates five states do not have a statewide sales tax. You have the permission to use, distribute, and reproduce in any medium. A comparison of the tax burden on labor in the oecd pdf download fiscal fact no. You have the permission to use, distribute, and reproduce in any medium, provided the source and authors are credited. The united states and its partners continue to face a growing number of global threats and challenges. Download the world factbook central intelligence agency. Death taxes and gift taxes are taxes on savings in the sane sense as an income tax, though the timing of the tax is, for the individual, more irregular. To zoom in, print, select text or search the following document, please use the grey toolbar below. Tax revenue % of gdp international monetary fund, government finance statistics yearbook and data files, and world bank and oecd gdp estimates. The only things certain in life are death and taxes. See table 1 at the end of this fiscal fact for the full statebystate listing of state. This paper was prepared for a conference on key issues in public finance, held at nyu, may 2006.
Aryan tribes from the northwest infiltrated onto the indian subcontinent about 1500 b. Belgium has the highest income taxes in the developed world. Consequently, these taxes may vary from all 20,000 to all 143,000. Posted below is the central intelligence agencys most popular publication the world factbook in compressed.
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