Friday April 18, 2014

How Wealthy Countries Tax Their Citizens

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

cl-taxation

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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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