All Tax Countries
90 countries
United States
United States Federal Tax System
The US has a progressive federal income tax system with rates ranging from 10% to 37%. Corporate tax is a flat 21%, and there is no federal VAT, but sales tax applies at the state level.
INCOME
10%–37%
CORP
21%
VAT
N/A
Progressive federal income tax rates
Flat corporate tax rate of 21%
State-level sales taxes apply
Finland
Finland's Progressive Tax System
Finland has a progressive income tax system with high rates for top earners. The corporate tax rate is competitive, and VAT is applied at a standard rate.
INCOME
6%–31.25%
CORP
20%
VAT
24%
Progressive income tax rates
Competitive corporate tax rate
Standard VAT rate of 24%
Austria
Austria's Progressive Tax System
Austria has a progressive income tax system with rates ranging from 0% to 55%. The corporate tax rate is set at 24%, and the standard VAT rate is 20%. Austria also offers various tax incentives for businesses and individuals.
INCOME
0%–55%
CORP
24%
VAT
20%
Progressive income tax rates
Corporate tax incentives
Extensive double taxation treaty network
Hong Kong
Hong Kong's Territorial Tax System
Hong Kong operates a territorial tax system, taxing only income sourced within the territory. It features low personal and corporate tax rates, with no VAT or sales tax.
INCOME
2%–17%
CORP
16.5%
VAT
0%
No tax on foreign income
Flat corporate tax rate
No VAT or sales tax
Grenada
Grenada's Tax System Overview
Grenada has a straightforward tax system with a flat personal income tax rate and a moderate corporate tax rate. The country also offers VAT on goods and services.
INCOME
10%
CORP
30%
VAT
15%
Flat personal income tax rate
Moderate corporate tax rate
VAT applied to goods and services
Luxembourg
Luxembourg's Progressive Tax System
Luxembourg has a progressive income tax system with competitive corporate tax rates and a standard VAT rate. The country offers various incentives for businesses and investors.
INCOME
8%–42%
CORP
24.94%
VAT
16%
Progressive personal income tax rates
Competitive corporate tax environment
Standard VAT rate of 16%
Israel
Israel's Progressive Tax System
Israel has a progressive income tax system with rates ranging from 10% to 50%. The corporate tax rate is 23%, and the VAT rate is 17%.
INCOME
10%–50%
CORP
23%
VAT
17%
Progressive income tax rates
Competitive corporate tax rate
Standard VAT rate of 17%
Norway
Norway's Progressive Tax System
Norway has a progressive income tax system with high rates for top earners. The corporate tax rate is competitive, and VAT is applied at a standard rate.
INCOME
22%–38.2%
CORP
22%
VAT
25%
Progressive income tax with multiple bands
Competitive corporate tax rate
Standard VAT rate of 25%
Singapore
Singapore's Territorial Tax System
Singapore operates a territorial tax system with no capital gains tax and a flat corporate tax rate. Personal income is taxed progressively, and there is no VAT or GST.
INCOME
0%–22%
CORP
17%
VAT
0%
No tax on foreign-sourced income for non-residents
Flat 17% corporate tax rate
No capital gains tax
Iceland
Iceland's Progressive Tax System
Iceland operates a progressive income tax system with competitive corporate tax rates and a standard VAT. The system is designed to support social welfare while encouraging business growth.
INCOME
22.5%–31.8%
CORP
20%
VAT
24%
Progressive personal income tax rates
Competitive corporate tax rate
Standard VAT rate of 24%
Bahamas
Bahamas' Zero Income Tax Regime
The Bahamas is known for its zero personal income tax policy, making it a favorable destination for individuals seeking tax-free living. The country relies on VAT and other indirect taxes.
INCOME
0%
CORP
0%
VAT
12%
No personal income tax
No corporate income tax
12% VAT on goods and services
Democratic Republic of the Congo
Congo's Tax System Overview
The Democratic Republic of the Congo has a progressive income tax system with corporate tax rates applicable to businesses. VAT is also levied on goods and services.
INCOME
0%–40%
CORP
30%
VAT
16%
Progressive income tax rates
Standard corporate tax rate of 30%
VAT applied at 16% on most goods and services