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Taxes on Income, Profits and Capital Gains (Local Currency) in Australia

Source: World Bank
Last Updated: July 1, 2023

Taxes on income, profits and capital gains reached AUD 329 bil in 2020 in Australia, according to the National Statistical Office. This is 2.98% less than in the previous year.

Historically, taxes on income, profits and capital gains in Australia reached an all time high of AUD 339 bil in 2019 and an all time low of AUD 5.30 bil in 1972.

Australia has been ranked 35th within the group of 109 countries we follow in terms of taxes on income, profits and capital gains.

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