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World's Highest Corporate Tax Rates



No.
Country
GDP
(Billions)
Corporate
Tax Rate
1
India
2,611
35.00
2
Brazil
2,055
34.00
3
France
2,584
33.00
4
Japan
4,872
30.86
5
Argentina
635
30.00
6
Australia
1,380
30.00
7
Germany
3.685
30.00
8
Mexico
1,149
30.00
9
Belgium
495
29.00
10
Canada
1,652
26.50
11
China
12,015
25.00
12
Indonesia
1,015
25.00
13
South Korea
1,538
25.00
14
Netherlands
826
25.00
15
Spain
1,314
25.00
16
Italy
1,938
24.00
17
Sweden
539
22.00
18
Turkey
849
22.00
19
United States
19,391
21.00
20
Russia
1,527
20.00
21
Saudi Arabia
684
20.00
22
Taiwan
579
20.00
23
Thailand
455
20.00
24
Poland
525
19.00
25
United Kingdom 5,625
19.00


Updated August 1, 2018


Source for Gross Domestic Product Data:

https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)

Source for Corporate Tax

Rates:
https://home.kpmg.com/xx/en/home/services/tax/tax-tools-and-resources/tax-rates-online/corporate-tax-rates-table.htm
 



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