Helgi's Point - Corporate Income Tax As % Of GDP


Language: Czech / English
Provider: 2013
Pages: 3

 

Corporate income tax represents around 3% of GDP in the OECD countries, although it might reach over 10% of GDP as seen in Norway, for example.

The statutory corporate income tax rates in OECD member countries dropped on average 7.2% between 2000 and 2011, from 32.6% to 25.4%. The trend seems widespread as only Chile (from 15 to 17%) and Hungary (from 18 to 19%) raised the rate at that time.

Economy | Czech Republic | April 28, 2013
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