Taxes on Income, Profits and Capital Gains (As % of Revenue) fell to 32.6% in Belgium in 2016

Taxes on Income, Profits and Capital Gains (As % of Revenue) (%)
Economy | Belgium | May 17, 2019
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Taxes on income, profits and capital gains as a share of revenue reached 32.6 % in 2016 in Belgium, according to the National Statistical Office. This is 6.73 % less than in the previous year.

Historically, taxes on income, profits and capital gains as a share of revenue in Belgium reached an all time high of 37.2 % in 2002 and an all time low of 32.6 % in 2016. When compared to Belgium's main peers, taxes on income, profits and capital gains as a share of revenue in France amounted to 25.6 %, 17.4 % in Germany, 30.5 % in Luxembourg and 26.7 % in Netherlands in 2016.

Belgium has been ranked 28th within the group of 111 countries we follow in terms of taxes on income, profits and capital gains as a share of revenue, 6 places behind the position seen 10 years ago.

Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realised or not, on land, securities, and other assets.

Taxes on Income, Profits and Capital Gains (As % of Revenue) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Austria % 26.7% 27.0% 27.4% 27.9% 28.7%
Belgium % 35.3% 35.4% 36.2% 36.7% 35.0%
Denmark % 40.3% 41.9% 43.2% 48.0% 45.3%
France % 24.7% 25.7% 26.2% 25.7% 25.7%
Germany % 15.5% 16.2% 16.5% 16.6% 16.9%
Italy % 31.5% 32.3% 32.5% 31.8% 31.7%
Luxembourg % 28.7% 28.8% 29.1% 28.8% 30.1%
Netherlands % 25.1% 23.5% 22.8% 24.2% 26.7%
Poland % 12.4% 12.7% 12.1% 12.1% 12.2%
Spain % 34.0% 28.4% 34.5% 34.2% 33.9%
United Kingdom % 35.7% 33.5% 33.0% 33.0% 33.1%