The Full Wiki

More info on Tax rates of Europe

Tax rates of Europe: Wikis

Advertisements
  
  

Note: Many of our articles have direct quotes from sources you can cite, within the Wikipedia article! This article doesn't yet, but we're working on it! See more info or our list of citable articles.

Encyclopedia

From Wikipedia, the free encyclopedia

This is a list of the maximum potential tax rates around Europe for certain income brackets. It is focused on three types of taxes: corporate and individual taxes and value added taxes (VAT). It is not intended to represent the true tax burden to either the corporation or the individual in the listed country.

The quoted income tax rate is, except where noted, the top rate of tax: Most jurisdictions have lower rate of taxes for low levels of income. Some countries also have lower rates of corporation tax for smaller companies.

Country Corporate tax Maximum Personal Income tax VAT
Austria 25% 50% 20% [1]
Belarus 24% 30% 18%
Belgium 33.99% 50% 21%
Bosnia and Herzegovina[2] 30% (10% in Srpska) 5% Federal + 0%-15% per location 17%
Bulgaria[3] 10% 10% 20%
Croatia 20% 45% 23%
Cyprus 10% 30% 15%
Czech Republic 21% 15% 19% (9% on selected goods and services)
Denmark 25% 58% 25% (VAT free on aeroplanes)
Estonia 21% 21% 20% (9% on selected goods and services)
Finland 26% 53% 22%
France 33.33% 40% 19.6% (2.1% drugs, newspapers, theatres), (5.5% raw food, books)
Germany 15,825 % (federal) plus 14,35 % to 17,5 % (local) 15 % (initial tax rate) to 45% (top tax rate) 19% (7% on selected goods and services)
Georgia 20% 12% 18%
Greece 25% 40% 19%(9% on selected goods and services)
Hungary 16% 18%-36% 20%
Iceland 26% 45.58% 24.5%
Ireland 12.50% 20% (basic), 41% (above €35,400) 21%
Italy 37.25% 45% 20% (10% and 4% on selected goods and services)
Latvia 15% 23% 21% (10% certain goods and services)
Lithuania 20%[4] 21%[5] 19%
Luxembourg 29.63% 38.95% 15%
Macedonia[6] 10% 10% 18% (5% VAT on food, medicine, IT technology and other products)
Malta 35% 35% (0% tax for lower income families) 18% (0% VAT on food and medicine)
Montenegro 9%[7] 15%[7] 17% (7% for certain goods and services)
Netherlands 25.5% 52% 19% (6% for certain goods)
Norway[8][9] 28% 54.3% 25%(foodstuffs 13%)
Poland 19% 18%, 32% 22% (some products i.e. food - 7%)
Portugal 27.50% 42% 20% (5% for first need products)
Romania 16% 16% 19%
Russia 24% 13% 18%
Serbia 10% 14% 18% (8% basic necessities as bread, milk etc.)
Slovakia 19% 19% 19%
Slovenia [10] 22% 41% 20%
Spain 30% (28% Basque Country & Navarra, 4% ZEC companies in Canary Islands) 45% 16% (7% and 4% on selected goods and services)
Sweden 26.3% 55% 25% (12%/6% for certain goods and services)
Switzerland 25% 45.5% 7.6%
Ukraine 30% 15% [11] 20%
United Kingdom [12] 21% (basic - profits up to £300,000), a sliding scale from 21% to 28% (profits from £300,000 - £1,500,000) 28% (above £1,500,000 in profits)[13] 20% (basic), 40% (above (£34,800 + personal allowance))[14] 15% (1st Dec 2008 - 31st Dec 2009) 17.5% thereafter (some items at 5%, some items 0%)

See also

Welfare state:

References

Sources

External links

Advertisements

Advertisements






Got something to say? Make a comment.
Your name
Your email address
Message