Corporate
Marginal Tax Rates - By country
Source: PWC
From: January 2026 Update
Download as an excel file instead: https://www.stern.nyu.edu/~adamodar/pc/datasets/countrytaxrates.xls
| Country | Corporate Tax Rate |
Tax Rate Accounting for Global Minimum Tax |
| Aruba | 22.00% | 22.00% |
| Afghanistan | 20.00% | 20.00% |
| Angola | 25.00% | 25.00% |
| Anguilla | 0.00% | 0.00% |
| Aland Islands | 20.00% | 20.00% |
| Albania | 15.00% | 15.00% |
| Andorra | 10.00% | 10.00% |
| United Arab Emirates | 9.00% | 9.00% |
| Argentina | 35.00% | 35.00% |
| Armenia | 18.00% | 18.00% |
| American Samoa | 34.00% | 34.00% |
| Antigua and Barbuda | 25.00% | 25.00% |
| Australia | 30.00% | 30.00% |
| Austria | 23.00% | 23.00% |
| Azerbaijan | 20.00% | 20.00% |
| Burundi | 30.00% | 30.00% |
| Belgium | 25.00% | 25.00% |
| Benin | 30.00% | 30.00% |
| Bonaire, Sint Eustatius and Saba | 25.80% | 25.80% |
| Burkina Faso | 27.50% | 27.50% |
| Bangladesh | 27.50% | 27.50% |
| Bulgaria | 10.00% | 15.00% |
| Bahrain | 0.00% | 0.00% |
| Bahamas | 0.00% | 0.00% |
| Bosnia and Herzegovina | 10.00% | 10.00% |
| Saint Barthelemy | 0.00% | 0.00% |
| Belarus | 25.00% | 25.00% |
| Belize | 0.00% | 0.00% |
| Bermuda | 0.00% | 0.00% |
| Plurinational State of Bolivia | 25.00% | 25.00% |
| Brazil | 34.00% | 34.00% |
| Barbados | 9.00% | 15.00% |
| Brunei Darussalam | 18.50% | 18.50% |
| Bhutan | 25.00% | 25.00% |
| Botswana | 22.00% | 22.00% |
| Central African Republic | 30.00% | 30.00% |
| Canada | 26.14% | 26.14% |
| Switzerland | 19.61% | 19.61% |
| Chile | 27.00% | 27.00% |
| China | 25.00% | 25.00% |
| Cote d'Ivoire | 25.00% | 25.00% |
| Cameroon | 33.00% | 33.00% |
| Democratic Republic of the Congo | 30.00% | 30.00% |
| Congo | 28.00% | 28.00% |
| Cook Islands | 20.00% | 20.00% |
| Colombia | 35.00% | 35.00% |
| Comoros | 50.00% | 50.00% |
| Cabo Verde | 21.42% | 21.42% |
| Costa Rica | 30.00% | 30.00% |
| Cuba | 35.00% | 35.00% |
| Curacao | 22.00% | 22.00% |
| Cayman Islands | 0.00% | 0.00% |
| Cyprus | 12.50% | 12.50% |
| Czechia | 21.00% | 21.00% |
| Germany | 29.93% | 29.93% |
| Djibouti | 25.00% | 25.00% |
| Dominica | 25.00% | 25.00% |
| Denmark | 22.00% | 22.00% |
| Dominican Republic | 27.00% | 27.00% |
| Algeria | 26.00% | 26.00% |
| Ecuador | 25.00% | 25.00% |
| Egypt | 22.50% | 22.50% |
| Eritrea | 30.00% | 30.00% |
| Spain | 25.00% | 25.00% |
| Estonia | 20.00% | 20.00% |
| Ethiopia | 30.00% | 30.00% |
| Finland | 20.00% | 20.00% |
| Fiji | 25.00% | 25.00% |
| Falkland Islands (Malvinas) | 26.00% | 26.00% |
| France | 25.83% | 25.83% |
| Faroe Islands | 18.00% | 18.00% |
| Federated States of Micronesia | 30.00% | 30.00% |
| Gabon | 30.00% | 30.00% |
| United Kingdom of Great Britain and Northern Ireland | 25.00% | 25.00% |
| Georgia | 15.00% | 15.00% |
| Guernsey | 0.00% | 0.00% |
| Ghana | 25.00% | 25.00% |
| Gibraltar | 15.00% | 15.00% |
| Guinea | 25.00% | 25.00% |
| Gambia | 27.00% | 27.00% |
| Guinea-Bissau | 25.00% | 25.00% |
| Equatorial Guinea | 35.00% | 35.00% |
| Greece | 22.00% | 22.00% |
| Grenada | 28.00% | 28.00% |
| Greenland | 26.50% | 26.50% |
| Guatemala | 25.00% | 25.00% |
| Guam | 21.00% | 21.00% |
| Guyana | 25.00% | 25.00% |
| China, Hong Kong Special Administrative Region | 16.50% | 16.50% |
| Honduras | 30.00% | 30.00% |
| Croatia | 18.00% | 18.00% |
| Haiti | 30.00% | 30.00% |
| Hungary | 9.00% | 15.00% |
| Indonesia | 22.00% | 22.00% |
| Isle of Man | 0.00% | 0.00% |
| India | 30.00% | 30.00% |
| Ireland | 12.50% | 15.00% |
| Islamic Republic of Iran | 25.00% | 25.00% |
| Iraq | 15.00% | 15.00% |
| Iceland | 21.00% | 21.00% |
| Israel | 23.00% | 23.00% |
| Italy | 27.81% | 27.81% |
| Jamaica | 25.00% | 25.00% |
| Jersey | 0.00% | 0.00% |
| Jordan | 20.00% | 20.00% |
| Japan | 29.74% | 29.74% |
| Kazakhstan | 20.00% | 20.00% |
| Kenya | 30.00% | 30.00% |
| Kyrgyzstan | 10.00% | 10.00% |
| Cambodia | 20.00% | 20.00% |
| Kiribati | 30.00% | 30.00% |
| Saint Kitts and Nevis | 33.00% | 33.00% |
| Republic of Korea | 26.40% | 26.40% |
| Kuwait | 15.00% | 15.00% |
| Lao People's Democratic Republic | 20.00% | 20.00% |
| Lebanon | 17.00% | 17.00% |
| Liberia | 25.00% | 25.00% |
| Libya | 20.00% | 20.00% |
| Saint Lucia | 30.00% | 30.00% |
| Liechtenstein | 12.50% | 15.00% |
| Sri Lanka | 30.00% | 30.00% |
| Lesotho | 25.00% | 25.00% |
| Lithuania | 15.00% | 15.00% |
| Luxembourg | 24.94% | 24.94% |
| Latvia | 20.00% | 20.00% |
| China, Macao Special Administrative Region | 12.00% | 12.00% |
| Saint Martin (French Part) | 20.00% | 20.00% |
| Morocco | 33.00% | 33.00% |
| Monaco | 25.00% | 25.00% |
| Republic of Moldova | 12.00% | 12.00% |
| Madagascar | 20.00% | 20.00% |
| Maldives | 15.00% | 15.00% |
| Mexico | 30.00% | 30.00% |
| The former Yugoslav Republic of Macedonia | 10.00% | 10.00% |
| Mali | 30.00% | 30.00% |
| Malta | 35.00% | 35.00% |
| Myanmar | 22.00% | 22.00% |
| Montenegro | 15.00% | 15.00% |
| Mongolia | 25.00% | 25.00% |
| Northern Mariana Islands | 21.00% | 21.00% |
| Mozambique | 32.00% | 32.00% |
| Mauritania | 25.00% | 25.00% |
| Montserrat | 30.00% | 30.00% |
| Mauritius | 15.00% | 15.00% |
| Malawi | 30.00% | 30.00% |
| Malaysia | 24.00% | 24.00% |
| Namibia | 32.00% | 32.00% |
| New Caledonia | 30.00% | 30.00% |
| Niger | 30.00% | 30.00% |
| Nigeria | 30.00% | 30.00% |
| Nicaragua | 30.00% | 30.00% |
| Niue | 30.00% | 30.00% |
| Netherlands | 25.80% | 25.80% |
| Norway | 22.00% | 22.00% |
| Nepal | 25.00% | 25.00% |
| Nauru | 25.00% | 25.00% |
| New Zealand | 28.00% | 28.00% |
| Oman | 15.00% | 15.00% |
| Pakistan | 29.00% | 29.00% |
| Panama | 25.00% | 25.00% |
| Peru | 29.50% | 29.50% |
| Philippines | 25.00% | 25.00% |
| Papua New Guinea | 30.00% | 30.00% |
| Poland | 19.00% | 19.00% |
| Puerto Rico | 37.50% | 37.50% |
| Portugal | 31.50% | 31.50% |
| Paraguay | 10.00% | 10.00% |
| State of Palestine | 15.00% | 15.00% |
| French Polynesia | 25.00% | 25.00% |
| Qatar | 10.00% | 10.00% |
| Romania | 16.00% | 16.00% |
| Russian Federation | 20.00% | 20.00% |
| Rwanda | 28.00% | 28.00% |
| Saudi Arabia | 20.00% | 20.00% |
| Sudan | 35.00% | 35.00% |
| Senegal | 30.00% | 30.00% |
| Singapore | 17.00% | 17.00% |
| Saint Helena | 25.00% | 25.00% |
| Solomon Islands | 30.00% | 30.00% |
| Sierra Leone | 25.00% | 25.00% |
| El Salvador | 30.00% | 30.00% |
| San Marino | 17.00% | 17.00% |
| Serbia | 15.00% | 15.00% |
| South Sudan | 30.00% | 30.00% |
| Sao Tome and Principe | 25.00% | 25.00% |
| Suriname | 36.00% | 36.00% |
| Slovakia | 21.00% | 21.00% |
| Slovenia | 22.00% | 22.00% |
| Sweden | 20.60% | 20.60% |
| Swaziland | 25.00% | 25.00% |
| Sint Maarten (Dutch part) | 34.50% | 34.50% |
| Seychelles | 25.00% | 25.00% |
| Syrian Arab Republic | 25.00% | 25.00% |
| Turks and Caicos Islands | 0.00% | 0.00% |
| Chad | 35.00% | 35.00% |
| Togo | 27.00% | 27.00% |
| Thailand | 20.00% | 20.00% |
| Tajikistan | 18.00% | 18.00% |
| Tokelau | 0.00% | 0.00% |
| Turkmenistan | 8.00% | 8.00% |
| Timor-Leste | 10.00% | 10.00% |
| Tonga | 25.00% | 25.00% |
| Trinidad and Tobago | 30.00% | 30.00% |
| Tunisia | 15.00% | 15.00% |
| Turkey | 25.00% | 25.00% |
| Taiwan | 20.00% | 20.00% |
| United Republic of Tanzania | 30.00% | 30.00% |
| Uganda | 30.00% | 30.00% |
| Ukraine | 18.00% | 18.00% |
| Uruguay | 25.00% | 25.00% |
| United States of America | 25.63% | 25.63% |
| Uzbekistan | 15.00% | 15.00% |
| Saint Vincent and the Grenadines | 28.00% | 28.00% |
| Bolivarian Republic of Venezuela | 34.00% | 34.00% |
| British Virgin Islands | 0.00% | 0.00% |
| United States Virgin Islands | 23.10% | 23.10% |
| Viet Nam | 20.00% | 20.00% |
| Vanuatu | 0.00% | 0.00% |
| Wallis and Futuna Islands | 0.00% | 0.00% |
| Samoa | 27.00% | 27.00% |
| Kosovo | 10.00% | 10.00% |
| Yemen | 20.00% | 20.00% |
| South Africa | 27.00% | 27.00% |
| Zambia | 30.00% | 30.00% |
| Zimbabwe | 24.72% | 24.72% |
| Tokelau | 0.00% | 0.00% |
| Tonga | 25.00% | 25.00% |
| Trinidad and Tobago | 30.00% | 30.00% |
| Tunisia | 25.00% | 25.00% |
| Turkey | 22.00% | 22.00% |
| Turkmenistan | 8.00% | 8.00% |
| Turks and Caicos Islands | 0.00% | 0.00% |
| Tuvalu | NA | NA |
| Uganda | 30.00% | 30.00% |
| Ukraine | 18.00% | 18.00% |
| United Arab Emirates | 0.00% | 0.00% |
| United Kingdom of Great Britain and Northern Ireland | 19.00% | 19.00% |
| United Republic of Tanzania | 30.00% | 30.00% |
| United States Minor Outlying Islands | NA | NA |
| United States of America | 25.89% | 25.77% |
| United States Virgin Islands | 23.10% | 23.10% |
| Uruguay | 25.00% | 25.00% |
| Uzbekistan | 12.00% | 15.00% |
| Vanuatu | 0.00% | 0.00% |
| Venezuela (Bolivarian Republic of) | 34.00% | 34.00% |
| Viet Nam | 20.00% | 20.00% |
| Wallis and Futuna Islands | 0.00% | 0.00% |
| Western Sahara | NA | NA |
| Yemen | 20.00% | 20.00% |
| Zambia | 35.00% | 35.00% |
| Zimbabwe | 25.75% | 24.72% |