High income - Total tax rate

Total tax rate (% of commercial profits)

Total tax rate (% of commercial profits) in High income was 36.21 as of 2019. Its highest value over the past 14 years was 42.89 in 2005, while its lowest value was 36.10 in 2018.

Definition: Total tax rate measures the amount of taxes and mandatory contributions payable by businesses after accounting for allowable deductions and exemptions as a share of commercial profits. Taxes withheld (such as personal income tax) or collected and remitted to tax authorities (such as value added taxes, sales taxes or goods and service taxes) are excluded.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2005 42.89
2006 41.42
2007 40.12
2008 38.93
2009 38.06
2010 37.26
2011 36.65
2012 36.51
2013 36.90
2014 37.22
2015 36.81
2016 36.62
2017 36.30
2018 36.10
2019 36.21

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment