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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.
A few other countries used to tax the foreign income of nonresident citizens, but have abolished this practice: Romania used to tax the worldwide income of its citizens regardless of where they resided, but abandoned this practice some time between 1933 and 1954. [164] [165]
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.
Saudi Arabia is one of the few countries in the world with no personal income tax, although it does have a 10% social security tax and indirect taxes of 15%. Yet, even this oil-rich country has ...
We're less than two months away from rolling over into 2014, which can mean only one thing -- it's time to start thinking about taxes once again. Source: Philip Taylor, Flickr. Taxes are a ...
Global map of countries by tariff rate, applied, weighted mean, all products (%), 2021, according to World Bank. This is a list of countries by tariff rate. The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1. Import duty refers to taxes levied on imported goods, capital and ...
With a headline personal income tax rate (PIT) of 37%, the U.S. tied for just the 41st highest in the latest roundup by GOBankingRates, sourced from PricewaterhouseCoopers' World Tax Summaries.
For different taxes by country, see Tax rates around the world. Taxes generally fall into the following broad categories: Income tax; Payroll tax; Property tax; Consumption tax; Tariff (taxes on international trade) Capitation, a fixed tax charged per person; Fees and tolls