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All Tax Countries

90 countries

C

Canada

Progressive TaxGST/HSTTax Credits

Canada's Progressive Tax System

Canada has a progressive income tax system with federal and provincial rates. The GST/HST applies to most goods and services, and there are various tax credits and deductions available.

INCOME

15%–33%

 

CORP

15%

 

VAT

5%

 

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Federal and provincial tax rates

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GST/HST on goods and services

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Various tax credits and deductions

G

Greece

Progressive TaxCorporate TaxVAT

Greece's Progressive Tax System

Greece has a progressive income tax system with rates ranging from 9% to 44%. The corporate tax rate is set at 22%, and the standard VAT rate is 24%.

INCOME

9%–44%

 

CORP

22%

 

VAT

24%

 

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Progressive income tax rates

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Competitive corporate tax rate

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Standard VAT rate of 24%

I

Italy

Progressive TaxCorporate TaxVAT

Italy's Progressive Tax System

Italy has a progressive income tax system with rates ranging from 23% to 43%. The corporate tax rate is set at 24%, and the standard VAT rate is 22%. Special tax regimes are available for new residents.

INCOME

23%–43%

 

CORP

24%

 

VAT

22%

 

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Progressive income tax rates

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Special tax regime for new residents

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Extensive network of tax treaties

C

Cyprus

Flat Corporate TaxProgressive Income TaxTax Incentives

Cyprus's Competitive Tax System

Cyprus offers a competitive tax system with a flat corporate tax rate and progressive personal income tax. The country also provides various incentives for foreign investors and businesses.

INCOME

0%–35%

 

CORP

12.5%

 

VAT

19%

 

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Flat 12.5% corporate tax rate

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Progressive personal income tax

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No inheritance tax

H

Hungary

Flat TaxLow Corporate TaxEU VAT

Hungary's Flat Tax System

Hungary operates a flat income tax system with a single rate for personal income. The corporate tax rate is one of the lowest in the EU, and VAT is applied at a standard rate.

INCOME

15%

 

CORP

9%

 

VAT

27%

 

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Flat 15% personal income tax rate

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9% corporate tax rate, lowest in the EU

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27% standard VAT rate

E

Ecuador

Progressive TaxCorporate TaxVAT

Ecuador's Tax System Overview

Ecuador has a progressive income tax system with rates ranging from 0% to 37%. The corporate tax rate is set at 25%, and the VAT rate is 12%.

INCOME

0%–37%

 

CORP

25%

 

VAT

12%

 

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Progressive income tax rates

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Standard corporate tax rate

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Moderate VAT rate

C

Chile

Progressive TaxCorporate TaxVAT

Chile's Progressive Tax System

Chile has a progressive income tax system with rates ranging from 0% to 40%. The corporate tax rate is 27%, and the VAT is set at 19%.

INCOME

0%–40%

 

CORP

27%

 

VAT

19%

 

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Progressive income tax rates

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Standard corporate tax rate of 27%

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19% VAT on goods and services

M

Malta

Remittance BasisProgressive TaxEU VAT

Malta's Remittance-Based Tax System

Malta operates a remittance-based tax system with progressive income tax rates. The corporate tax rate is competitive, and VAT is standard across the EU.

INCOME

0%–35%

 

CORP

35%

 

VAT

18%

 

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Foreign income taxed only if remitted

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Competitive corporate tax rate

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Standard EU VAT rate

A

Australia

Progressive TaxCorporate TaxGST

Australia's Progressive Tax System

Australia has a progressive income tax system with rates ranging from 0% to 45%. The corporate tax rate is 30% for large businesses and 25% for small businesses. The GST is set at 10%.

INCOME

0%–45%

 

CORP

25%–30%

 

VAT

10%

 

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Progressive income tax rates

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Lower corporate tax rate for small businesses

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GST applies to most goods and services

U

United Kingdom

Progressive TaxCorporate TaxVAT

UK's Comprehensive Tax System

The UK operates a progressive income tax system with multiple bands, a standard corporate tax rate, and VAT. The system is designed to be fair and competitive, with various allowances and reliefs available.

INCOME

20%–45%

 

CORP

25%

 

VAT

20%

 

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Progressive income tax with multiple bands

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Standard corporate tax rate of 25%

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VAT at 20% on most goods and services

N

Netherlands

Progressive TaxCorporate TaxVAT

Netherlands' Progressive Tax System

The Netherlands employs a progressive tax system with multiple income tax bands. It offers competitive corporate tax rates and a standard VAT rate applicable to most goods and services.

INCOME

9.5%–49.5%

 

CORP

25.8%

 

VAT

21%

 

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Progressive income tax with multiple bands

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Competitive corporate tax rate

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Standard VAT rate of 21%

N

New Zealand

Progressive TaxNo Capital Gains TaxGST

New Zealand's Progressive Tax System

New Zealand has a progressive income tax system with no capital gains tax. The corporate tax rate is competitive, and GST is applied to most goods and services.

INCOME

10.5%–39%

 

CORP

28%

 

VAT

15%

 

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No capital gains tax

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Competitive corporate tax rate

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GST applied at 15%