Income Tax Map Europe

Estonia 21 3 percent latvia 21 4 percent and the czech republic 31 1 percent have the lowest top income tax rates of all european countries covered.

Income tax map europe. Flat personal income tax economies in eastern europe some other economies outside of eastern europe have also adopted flat taxes. Corporate individual and value added taxes vat. List of countries by personal income tax rate provides a table with the latest tax rate figures for several countries including actual values forecasts statistics and historical data. The countries with the highest top income tax rates are slovenia 61 1 percent portugal 61 0 percent and belgium 60 2 percent.

It is focused on three types of taxes. This is a list of the maximum potential tax rates around europe for certain income brackets. Slovenia 61 1 percent belgium 60 2 percent and sweden 60 2 percent had the highest top marginal income tax rates among european oecd countries in 2019. For example since 1948 hong kong has operated a system in which taxpayers have the choice of either using the progressive rate scale or paying a flat rate of tax currently 16 per cent on their salary income.

The czech republic 31 1 percent estonia 32 4 percent and hungary 33 5 percent had the lowest rates. It is not intended to represent the true tax burden to either the corporation or the individual in the listed country. Most jurisdictions have lower rate of taxes for low levels of income. The map below shows the location of most of the flat tax economies in eastern europe.

Some countries also have lower rates.