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How Wealthy Countries TAX Their Citizens

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A look at taxes on corporate incomes as a percentage of GDP.

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The tax structure is made up of 25 percent social security, 25 percent personal income, 19 percent general consumption, 11 percent specific consumption, 11 percent corporate income, 6 percent property, 3 percent other and 1 percent payroll.

Taxes on Corporate Incomes as a Percentage of GDP

The tax income from corporations represents almost 4 percent of the GDP of Canada. The tax income from corporations represents more than 3 percent of the GDP of the United States. In Australia, the tax income from corporations represents almost 7 percent of Australia’s GDP. The tax income from corporations represents almost 5 percent of the GDP of Japan. The tax income from corporations represents almost 4 percent of the GDP of South Korea. The corporate tax income represents almost 6 percent of the GDP of New Zealand.

In Austria, the tax income from corporations represents more than 2 percent of Austria’s GDP. The tax income from corporations represents almost 4 percent of the GDP of Belgium. The tax income from corporations represents more than 5 percent of the GDP of the Czech Republic. In Denmark, the tax income from corporations represents almost 5 percent of Denmark’s GDP. In Finland, the tax income from corporations represents about 3.5 percent of Finland’s GDP.

The tax income from corporations represents about 3 percent of the GDP of France. The tax income from corporations represents about 2 percent of the GDP of Germany. In Greece, the tax income from corporations represents about 3 percent of Greece’s GDP. The corporate tax income represents more than 2 percent of the GDP of Hungary. In Iceland, the tax income from corporations represents more than 2 percent of Iceland’s GDP.

The tax income from corporations represents almost 4 percent of the GDP of Ireland. The corporate tax income represents about 4 percent of the GDP of Italy. In Luxembourg, the tax income from corporations represents about 5 percent of Luxembourg’s GDP. The tax income from corporations represents almost 4 percent of the GDP of the Netherlands. The corporate tax income represents more than 2 percent of the GDP of Poland. The tax income from corporations represents about 3 percent of the GDP of Portugal.

The tax income from corporations represents almost 3 percent of the GDP of Slovak Republic. In Spain, the tax income from corporations represents more than 4 percent of Spain’s GDP. The tax income from corporations represents almost 4 percent of the GDP of Sweden. In Switzerland, the tax income from corporations represents about 3 percent of Switzerland’s GDP. The tax income from corporations represents more than 1 percent of the GDP of Turkey. In the United Kingdom, the tax income from corporations represents about 4 percent of the United Kingdom’s GDP. The corporate tax income represents about 13 percent of the GDP of Norway.

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  • You also can't totally trust these numbers, because GDP is usually determined by governments with every motivation to inflate this number.
  • Steve S
    The issue isn't so much corp income tax, it is more the % of taxation based on % of wealth. One will find that in many dying western countries (US, UK, Japan, etc) the wealthiest pay the smallest percentage of net tax, in comparison to the middle income groups. It would almost be funny if it were not so sad. Luckily this is a system which will collapse under it's own weight
  • Dave Thomas
    I don't like the color of taxation in Europe at all. I feel sorry for the French and Scandinavians especially. What if you were extraordinarily industrious and ambitious in those countries? You would have to carry an 800 pound tax gorilla on your back you're entire life. No wonder so many people in those countries just give up and realize they can only rise as high as the tax man lets them. How sad.
  • Senani
    No surprises there. Somebody's got to pick up the tab for all the benefits that the Welfare State provides: healthcare, education, social security and the works. To experience first hand the State that taxes lightly, one can go back a hundred years or so in OECD, or come to India today: we (that is those lucky enough to be able to see this) pay our medical bills, huge school fees, and so on, and generally get on despite the State, not because of the State.
  • Awesome statistics... really informative

    Thanks for this very useful stats.
  • Would be interesting if "borrowing as a % of GDP" was implemented into this graphic. The ratio of GDP/(TaxRevenue+Borrowing) would be much more consistent across all countries than the currently shown GDP/Tax Revenue.
  • Locke
    Little confusing - last I checked, corporations were not considered citizens. As such, I don't see why that info is included. Since corporate taxes are in addition to individual taxes I'm not sure how it's germane to the other elements. To say nothing of how disparate methods for corporate taxation are.

    And the tax structure portion - is that US for the countries listed? And if OECD countries, is it per capita or an average across the governments?
  • Gustav
    I'm disappointed on this one actually. Firstly the list should be ordered by percent for better overview.

    Secondly it's not the corporate tax that makes the percent in the map, the income tax and sales tax both differs a lot across OECD and should not be let out.

    The taxes in Sweden:
    http://www.skatteverket.se/download/18.6d02084411db6e252fe80008916/skatt_30_37.pdf

    Eg if you make more than $3.781.990/yr you pay 62% tax.
  • Travis Green
    This is not fair. Qatar is a wealthy country and it does NOT tax its citizens!

    The entire middle-east is ignored in this survey! What the buck!
  • happy to be not a wealthy country - India
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How Wealthy Countries TAX Their Citizens