Iceland Revenue Stats
Definitions
-
Tax > Corporate tax:
Corporate tax.
No date was available from the Wikipedia article, so we used the date of retrieval.
Bangladesh had range specified: 45%-0%
Maldives had range specified: 15%-0%
Mexico had range specified: 30%-28%
Spain had range specified: 30%-25%
Sri Lanka had range specified: 35%-0%
Switzerland had range specified: 25%-13%
-
Tax > Maximum Income tax rate:
Maximum Income tax rate.
No date was available from the Wikipedia article, so we used the date of retrieval.
-
Tax > Maximum tax rate for individuals:
Individual (max).
No date was available from the Wikipedia article, so we used the date of retrieval.
Mexico had range specified: 29%-3%
-
Tax > Payroll tax:
Payroll tax (usually reduces taxable income).
No date was available from the Wikipedia article, so we used the date of retrieval.
India had range specified: 12.5% - 2%
Iran had range specified: 35%-15%
Ireland had range specified: 11%-0%
Palestine had range specified: 15%-5%
Thailand had range specified: 5%-35%
Turkey had range specified: 40%-35%
British Virgin Islands had range specified: 14%-10%
-
Tax > Sales tax, VAT or GST:
VAT / GST / Sales.
No date was available from the Wikipedia article, so we used the date of retrieval.
India had range specified: 14.5% - 5.5%
Uzbekistan had range specified: 0- 20%
- Tax > Tax burden, % of GDP: Overall taxes, including all forms of direct and indirect taxation at all levels of government, as a percentage of GDP.
- Tax > Taxes foreign income of nonresident citizens: Indicates whether or not a tax is levied on the foreign income of non-resident citizens. An asterisk indicates that certain exemptions exist.
- Tax > Taxes foreign income of resident foreigners: Indicates whether or not a tax is levied on the foreign income of resident foreigners.
- Tax > Taxes local income of nonresident individuals: Indicates whether or not a tax is levied on income generated in the country by individuals who are not residents (applies to both, citizens and foreigners).
- Tax > Taxes local income of resident citizens: Indicates whether or not a tax is levied on income generated within the country by individuals who are both citizens and residents of this country.
- Tax > Taxes local income of resident foreigners: Indicates whether or not a tax is levied on income generated within the country by resident foreigners
- Tax revenue as percentage of GDP: Heritage Foundation (2012).
SOURCES: Wikipedia: List of countries by tax rates (Countries); Wikipedia: Tax rates of Europe; 2014 Index of Economic Freedom; Wikipedia: International taxation (Individuals); Wikipedia: List of countries by tax revenue as percentage of GDP (Index of Economic Freedom , Heritage Foundation . Note: Tax revenue as a percentage of GDP was obtained from the individual country pages, under the "Fiscal Freedom" section. These numbers change. Please update the numbers for individual countries in the list.)
Citation
Did you know
- Three of the top ten countries for GDP per capita are island nations: Bermuda, Cayman Islands, and Iceland.
Iceland Economy > Government > Revenue Profiles (Subcategories)
| Tax 11 |
