GlobalTaxBook

Tax rates by country

This is the full index of headline tax rates for all 96 countries and territories in GlobalTaxBook. For each one we show the top personal income tax rate, the corporate income tax rate and the standard VAT/GST rate; tap any country for its full page with capital gains, social security, rankings and similar-tax peers. All figures are statutory headline rates (2025), not effective rates, and are not tax advice.

Source: PwC Worldwide Tax Summaries. Data as of June 2026.

All 96 countries (A–Z)

CountryTop income taxCorporate taxVAT/GSTRegion
Andorra10%10%4.5%Europe
Argentina35%35%21%South America
Armenia20%18%20%Asia
Australia45%30%10%Oceania
Austria55%23%20%Europe
Bahamas0% (no personal income tax)0%10%Caribbean
Bahrain0% (no personal income tax)0%10%Middle East
Bangladesh30%27.5%15%Asia
Barbados28.5%9%17.5%Caribbean
Belgium50%25%21%Europe
Bermuda0% (no personal income tax)15%No personal income tax; 15% corporate tax for large MNEs from 2025Caribbean
Brazil27.5%34%17%South America
British Virgin Islands0% (no personal income tax)0%No income tax, corporate tax or VAT; payroll tax up to 14%Caribbean
Bulgaria10%10%20%Europe
Canada33%15%5%North America
Cayman Islands0% (no personal income tax)0%No income tax, corporate tax or VAT (import duties instead)Caribbean
Chile40%27%19%South America
China45%25%13%Asia
Colombia39%35%19%South America
Costa Rica25%30%13%North America
Croatia36%18%25%Europe
Cyprus35%15%19%Europe
Czech Republic23%21%21%Europe
Denmark57%22%25%Europe
Egypt27.5%22.5%14%Africa
Estonia22%22%24%Europe
Finland52%20%25.5%Europe
France45%25%20%Europe
Georgia20%15%18%Asia
Germany45%15.825%19%Europe
Ghana35%25%15%Africa
Gibraltar39%15%No VATEurope
Greece44%22%24%Europe
Guernsey20%0%No VAT; 0% corporate tax for most companiesEurope
Hong Kong16%16.5%Salaries tax capped at 15% standard rateAsia
Hungary15%9%27%Europe
Iceland31.35%20%24%Europe
India42.744%25%18%Asia
Indonesia35%22%12%Asia
Ireland40%12.5%23%Europe
Isle of Man21%0%20%Europe
Israel50%23%18%Middle East
Italy43%24%22%Europe
Japan45%23.2%10%Asia
Jersey20%0%5%Europe
Jordan30%20%16%Middle East
Kazakhstan15%20%16%Asia
Kenya35%30%16%Africa
Kuwait0% (no personal income tax)15%No personal income tax; no VAT yetMiddle East
Latvia36%20%21%Europe
Lebanon25%17%11%Middle East
Liechtenstein22.4%12.5%8.1%Europe
Lithuania32%17%21%Europe
Luxembourg42%23.87%17%Europe
Malaysia30%24%10%Asia
Malta35%35%18%Europe
Mauritius20%15%15%Africa
Mexico35%30%16%North America
Monaco0% (no personal income tax)25%20%Europe
Morocco37%35%20%Africa
Netherlands49.5%25.8%21%Europe
New Zealand39%28%15%Oceania
Nigeria25%30%7.5%Africa
Norway39.7%22%25%Europe
Oman5%15%5%Middle East
Pakistan45%29%18%Asia
Panama25%25%7%North America
Paraguay10%10%10%South America
Peru30%29.5%18%South America
Philippines35%25%12%Asia
Poland32%19%23%Europe
Portugal48%19%23%Europe
Puerto Rico33%37.5%11.5%Caribbean
Qatar0% (no personal income tax)10%No personal income tax; no VAT yetMiddle East
Romania10%16%21%Europe
Russia22%25%20%Europe
Saudi Arabia0% (no personal income tax)20%15%Middle East
Serbia20%15%20%Europe
Singapore24%17%9%Asia
Slovakia35%24%23%Europe
Slovenia50%22%22%Europe
South Africa45%27%15%Africa
South Korea45%25%10%Asia
Spain47%25%21%Europe
Sweden52%20.6%25%Europe
Switzerland11.5%8.5%8.1%Europe
Taiwan40%20%5%Asia
Tanzania30%30%18%Africa
Thailand35%20%7%Asia
Turkey40%25%20%Europe
Ukraine18%18%20%Europe
United Arab Emirates0% (no personal income tax)9%5%Middle East
United Kingdom45%25%20%Europe
United States37%21%No national VAT; state sales taxes 0–~10%North America
Uruguay36%25%22%South America
Vietnam35%20%10%Asia

Source: PwC Worldwide Tax Summaries. Data as of June 2026.

Browse by region

Europe

Andorra, Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Gibraltar, Greece, Guernsey, Hungary, Iceland, Ireland, Isle of Man, Italy, Jersey, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Monaco, Netherlands, Norway, Poland, Portugal, Romania, Russia, Serbia, Slovakia, Slovenia, Spain, Sweden, Switzerland, Turkey, Ukraine, United Kingdom

North America

Canada, Costa Rica, Mexico, Panama, United States

South America

Argentina, Brazil, Chile, Colombia, Paraguay, Peru, Uruguay

Caribbean

Bahamas, Barbados, Bermuda, British Virgin Islands, Cayman Islands, Puerto Rico

Middle East

Bahrain, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, United Arab Emirates

Asia

Armenia, Bangladesh, China, Georgia, Hong Kong, India, Indonesia, Japan, Kazakhstan, Malaysia, Pakistan, Philippines, Singapore, South Korea, Taiwan, Thailand, Vietnam

Africa

Egypt, Ghana, Kenya, Mauritius, Morocco, Nigeria, South Africa, Tanzania

Oceania

Australia, New Zealand

Want the lowest- and highest-tax countries ranked? See the rankings. To put two countries side by side, use the comparison pages or the tax comparison calculator. Source: PwC Worldwide Tax Summaries; verify with each country's official tax authority.

Last updated: 2026-06-20