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Taxes on Income, Profits and Capital Gains (As % of Revenue) in Australia

Source: World Bank
Last Updated: July 1, 2023

Taxes on income, profits and capital gains as a share of revenue reached 64.5% in 2020 in Australia, according to the National Statistical Office. This is 2.05% less than in the previous year.

Historically, taxes on income, profits and capital gains as a share of revenue in Australia reached an all time high of 67.2% in 1997 and an all time low of 58.3% in 1972.

Australia has been ranked 1st within the group of 109 countries we follow in terms of taxes on income, profits and capital gains as a share of revenue.

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