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Map of the world showing national-level sales tax / VAT rates as of October 2019. A comparison of tax rates by countries is difficult and somewhat subjective, as tax laws in most countries are extremely complex and the tax burden falls differently on different groups in each country and sub-national unit.
This is an accepted version of this page This is the latest accepted revision, reviewed on 8 February 2025. This article needs to be updated. Please help update this article to reflect recent events or newly available information. (March 2022) World map of countries shaded according to the literacy rate for all people aged 15 and over This is a list of countries by literacy rate. The global ...
4. Israel: 68% (tie) Israel also weighs in high with 68% literacy, though these numbers vary among different groups of people. For example, according to The Forward, men are more financially ...
The People's Republic of China's adult literacy rate, defined as literacy in those aged 15 and above, was measured at 97% in 2020 by the World Bank. [1] Youth literacy, defined as literacy in those aged 15–24, was 100% since 2010 and remained so in 2020.
The Individual Income Tax in China (commonly abbreviated IIT) is administered on a progressive tax system with tax rates from 3 percent to 45 percent. As of 2019, China taxes individuals who reside in the country for more than 183 days on worldwide earned income.
The tax percentage for each country listed in the source has been added to the chart. According to World Bank , "GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products.
China Tax and Financial Planning Briefing. WorldTrade Executive. ISBN 978-1-893323-87-2. Yu, Bingqing (1999). Law of the People's Republic of China on the Administration of Tax Collection. Foreign Languages Press. ISBN 978-7-119-02477-6. Fulton, Trish; Jinyan Li; Dianqing Xu (1998). China's Tax Reform Options. World Scientific Publishing.
Subjective financial literacy can be defined as the self-perception of individuals about their financial literacy. Lusardi and Mitchell (2014) identified that people rate their subjective financial literacy higher than objective financial literacy because of their behavioral biases when judging their financial knowledge subjectively. [16]