Corporate
Marginal Tax Rates - By countrySource: KPMG (until 2021), PWC (in 2022)
From: January 2023 Update
Download as an excel file instead: https://www.stern.nyu.edu/~adamodar/pc/datasets/countrytaxrates.xls
| Country | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
| Afghanistan | 20.00% | 20.00% | 20.00% | 20.00% | 20.00% | 20.00% | 20.00% |
| Albania | 15.00% | 15.00% | 15.00% | 15.00% | 15.00% | 15.00% | 15.00% |
| Algeria | 26.00% | 26.00% | 26.00% | 26.00% | 26.00% | 26.00% | 26.00% |
| Andorra | NA | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% |
| Angola | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 25.00% | 25.00% |
| Anguilla | NA | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Antigua and Barbuda | NA | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% |
| Argentina | 35.00% | 35.00% | 30.00% | 30.00% | 30.00% | 25.00% | 35.00% |
| Armenia | 20.00% | 20.00% | 20.00% | 20.00% | 18.00% | 18.00% | 18.00% |
| Aruba | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% |
| Australia | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% |
| Austria | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 24.00% |
| Azerbaijan | NA | 20.00% | 20.00% | 20.00% | 20.00% | 20.00% | 20.00% |
| Bahamas | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Bahrain | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Bangladesh | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 32.50% | 32.50% |
| Barbados | 25.00% | 25.00% | 30.00% | 5.50% | 5.50% | 5.50% | 5.50% |
| Belarus | 18.00% | 18.00% | 18.00% | 18.00% | 18.00% | 18.00% | 18.00% |
| Belgium | 33.99% | 33.99% | 29.00% | 29.00% | 25.00% | 25.00% | 25.00% |
| Benin | NA | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% |
| Bermuda | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Bolivia | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% |
| Bonaire, Saint Eustatius and Saba | 0.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% |
| Bosnia and Herzegovina | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% |
| Botswana | 22.00% | 22.00% | 22.00% | 22.00% | 22.00% | 22.00% | 22.00% |
| Brazil | 34.00% | 34.00% | 34.00% | 34.00% | 34.00% | 34.00% | 34.00% |
| Brunei Darussalam | NA | 18.50% | 18.50% | 18.50% | 18.50% | 18.50% | 18.50% |
| Bulgaria | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% |
| Burkina Faso | NA | 27.50% | 28.00% | 28.00% | 28.00% | 28.00% | 28.00% |
| Burundi | NA | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% |
| Cambodia | 20.00% | 20.00% | 20.00% | 20.00% | 20.00% | 20.00% | 20.00% |
| Cameroon | 33.00% | 33.00% | 33.00% | 33.00% | 33.00% | 33.00% | 33.00% |
| Canada | 26.50% | 26.50% | 26.50% | 26.50% | 26.50% | 26.50% | 25.00% |
| Cayman Islands | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Chile | 24.00% | 25.50% | 26.00% | 27.00% | 27.00% | 27.00% | 27.00% |
| China | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% |
| Colombia | 25.00% | 34.00% | 33.00% | 33.00% | 32.00% | 31.00% | 35.00% |
| Congo | NA | NA | NA | NA | 30.00% | 28.00% | 28.00% |
| Congo (Democratic Republic of the) | NA | 35.00% | 35.00% | 35.00% | 35.00% | 30.00% | 30.00% |
| Costa Rica | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% |
| Croatia | 20.00% | 18.00% | 18.00% | 18.00% | 18.00% | 18.00% | 18.00% |
| Curacao | 22.00% | 22.00% | 22.00% | 22.00% | 22.00% | 22.00% | 22.00% |
| Cyprus | 12.50% | 12.50% | 12.50% | 12.50% | 12.50% | 12.50% | 12.50% |
| Czech Republic | 19.00% | 19.00% | 19.00% | 19.00% | 19.00% | 19.00% | 19.00% |
| Denmark | 22.00% | 22.00% | 22.00% | 22.00% | 22.00% | 22.00% | 22.00% |
| Djibouti | NA | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% |
| Dominica | NA | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% |
| Dominican Republic | 27.00% | 27.00% | 27.00% | 27.00% | 27.00% | 27.00% | 27.00% |
| Ecuador | 22.00% | 22.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% |
| Egypt | 22.50% | 22.50% | 23.00% | 22.50% | 22.50% | 22.50% | 22.50% |
| El Salvador | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% |
| Estonia | 20.00% | 20.00% | 20.00% | 20.00% | 20.00% | 20.00% | 20.00% |
| Ethiopia | NA | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% |
| Fiji | 20.00% | 20.00% | 20.00% | 20.00% | 20.00% | 20.00% | 20.00% |
| Finland | 20.00% | 20.00% | 20.00% | 20.00% | 20.00% | 20.00% | 20.00% |
| France | 33.30% | 33.33% | 33.00% | 31.00% | 28.00% | 26.50% | 25.00% |
| Gabon | NA | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% |
| Gambia | NA | 31.00% | 31.00% | 31.00% | 31.00% | 27.00% | 27.00% |
| Georgia | 15.00% | 15.00% | 15.00% | 15.00% | 15.00% | 15.00% | 15.00% |
| Germany | 29.72% | 29.79% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% |
| Ghana | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% |
| Gibraltar | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% |
| Greece | 29.00% | 29.00% | 29.00% | 28.00% | 24.00% | 24.00% | 22.00% |
| Grenada | NA | 30.00% | 30.00% | 28.00% | 28.00% | 28.00% | 28.00% |
| Guatemala | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% |
| Guernsey | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Honduras | 30.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% |
| Hong Kong SAR | 16.50% | 16.50% | 16.50% | 16.50% | 16.50% | 16.50% | 16.50% |
| Hungary | 19.00% | 9.00% | 9.00% | 9.00% | 9.00% | 9.00% | 9.00% |
| Iceland | 20.00% | 20.00% | 20.00% | 20.00% | 20.00% | 20.00% | 20.00% |
| India | 34.61% | 34.61% | 35.00% | 30.00% | 30.00% | 30.00% | 30.00% |
| Indonesia | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 22.00% | 22.00% |
| Iraq | 15.00% | 15.00% | 15.00% | 15.00% | 15.00% | 35.00% | 15.00% |
| Ireland | 12.50% | 12.50% | 12.50% | 12.50% | 12.50% | 12.50% | 12.50% |
| Isle of Man | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Israel | 25.00% | 24.00% | 23.00% | 23.00% | 23.00% | 23.00% | 23.00% |
| Italy | 31.40% | 24.00% | 24.00% | 24.00% | 24.00% | 24.00% | 24.00% |
| Ivory Coast | NA | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% |
| Jamaica | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% |
| Japan | 30.86% | 30.86% | 30.86% | 30.62% | 30.62% | 30.62% | 23.20% |
| Jersey | 20.00% | 20.00% | 20.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Jordan | 20.00% | 20.00% | 20.00% | 20.00% | 20.00% | 20.00% | 20.00% |
| Kazakhstan | 20.00% | 20.00% | 20.00% | 20.00% | 20.00% | 20.00% | 20.00% |
| Kenya | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% |
| Korea, Republic of | 24.20% | 22.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% |
| Kuwait | 15.00% | 15.00% | 15.00% | 15.00% | 15.00% | 15.00% | 15.00% |
| Kyrgyzstan | NA | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% |
| Latvia | 15.00% | 15.00% | 20.00% | 20.00% | 20.00% | 20.00% | 20.00% |
| Lebanon | 15.00% | 15.00% | 15.00% | 17.00% | 17.00% | 17.00% | 17.00% |
| Libya | 20.00% | 20.00% | 20.00% | 20.00% | 20.00% | 20.00% | 24.00% |
| Liechtenstein | 12.50% | 12.50% | 12.50% | 12.50% | 12.50% | 12.50% | 12.50% |
| Lithuania | 15.00% | 15.00% | 15.00% | 15.00% | 15.00% | 15.00% | 15.00% |
| Luxembourg | 29.22% | 27.08% | 26.01% | 24.94% | 24.94% | 24.94% | 24.94% |
| Macau | 12.00% | 12.00% | 12.00% | 12.00% | 12.00% | 12.00% | 12.00% |
| Macedonia | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% |
| Madagascar | NA | 20.00% | 20.00% | 20.00% | 20.00% | 20.00% | 20.00% |
| Malawi | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% |
| Malaysia | 24.00% | 24.00% | 24.00% | 24.00% | 24.00% | 24.00% | 24.00% |
| Malta | 35.00% | 35.00% | 35.00% | 35.00% | 35.00% | 35.00% | 35.00% |
| Mauritania | NA | NA | NA | NA | NA | 25.00% | 25.00% |
| Mauritius | 15.00% | 15.00% | 15.00% | 15.00% | 15.00% | 15.00% | 15.00% |
| Mexico | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% |
| Moldova | 12.00% | 12.00% | 12.00% | 12.00% | 12.00% | 12.00% | 12.00% |
| Monaco | NA | 33.33% | 33.00% | 33.00% | 33.00% | 33.00% | 33.00% |
| Mongolia | NA | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% |
| Montenegro | 9.00% | 9.00% | 9.00% | 9.00% | 9.00% | 9.00% | 15.00% |
| Morocco | 31.00% | 31.00% | 31.00% | 31.00% | 31.00% | 31.00% | 31.00% |
| Mozambique | 32.00% | 32.00% | 32.00% | 32.00% | 32.00% | 32.00% | 32.00% |
| Myanmar | NA | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 22.00% |
| Namibia | 32.00% | 32.00% | 32.00% | 32.00% | 32.00% | 32.00% | 32.00% |
| Netherlands | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.80% |
| New Zealand | 28.00% | 28.00% | 28.00% | 28.00% | 28.00% | 28.00% | 28.00% |
| Nicaragua | NA | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% |
| Nigeria | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% |
| Norway | 25.00% | 24.00% | 23.00% | 22.00% | 22.00% | 22.00% | 22.00% |
| Oman | 12.00% | 15.00% | 15.00% | 15.00% | 15.00% | 15.00% | 15.00% |
| Pakistan | 32.00% | 31.00% | 30.00% | 30.00% | 35.00% | 29.00% | 29.00% |
| Palestinian Territory | NA | 15.00% | 15.00% | 15.00% | 15.00% | 15.00% | 15.00% |
| Panama | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% |
| Papua New Guinea | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% |
| Paraguay | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% |
| Peru | 28.00% | 29.50% | 29.50% | 29.50% | 29.50% | 29.50% | 29.50% |
| Philippines | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 25.00% |
| Poland | 19.00% | 19.00% | 19.00% | 19.00% | 19.00% | 19.00% | 19.00% |
| Portugal | 21.00% | 21.00% | 21.00% | 21.00% | 21.00% | 21.00% | 21.00% |
| Qatar | 0.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% |
| Romania | 16.00% | 16.00% | 16.00% | 16.00% | 16.00% | 16.00% | 16.00% |
| Russia | 20.00% | 20.00% | 20.00% | 20.00% | 20.00% | 20.00% | 20.00% |
| Rwanda | NA | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% |
| Saint Kitts and Nevis | NA | 33.00% | 33.00% | 33.00% | 33.00% | 33.00% | 33.00% |
| Saint Lucia | NA | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% |
| Saint Vincent and the Grenadines | NA | 32.50% | 33.00% | 30.00% | 30.00% | 30.00% | 30.00% |
| Samoa | 27.00% | 27.00% | 27.00% | 27.00% | 27.00% | 27.00% | 27.00% |
| Saudi Arabia | 20.00% | 20.00% | 20.00% | 20.00% | 20.00% | 20.00% | 20.00% |
| Senegal | NA | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% |
| Serbia | 15.00% | 15.00% | 15.00% | 15.00% | 15.00% | 15.00% | 15.00% |
| Sierra Leone | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% |
| Singapore | 17.00% | 17.00% | 17.00% | 17.00% | 17.00% | 17.00% | 17.00% |
| Sint Maarten (Dutch part) | 34.50% | 34.50% | 35.00% | 35.00% | 35.00% | 35.00% | 35.00% |
| Slovakia | 22.00% | 21.00% | 21.00% | 21.00% | 21.00% | 21.00% | 21.00% |
| Slovenia | 17.00% | 19.00% | 19.00% | 19.00% | 19.00% | 19.00% | 19.00% |
| Solomon Islands | NA | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% |
| South Africa | 28.00% | 28.00% | 28.00% | 28.00% | 28.00% | 28.00% | 27.00% |
| Spain | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% |
| Sri Lanka | 15.00% | 28.00% | 28.00% | 28.00% | 28.00% | 24.00% | 24.00% |
| St Maarten | 34.50% | 34.50% | 35.00% | 35.00% | 35.00% | 35.00% | 35.00% |
| Sudan | 35.00% | 35.00% | 35.00% | 35.00% | 35.00% | 35.00% | 35.00% |
| Suriname | 34.50% | 36.00% | 36.00% | 36.00% | 36.00% | 36.00% | 36.00% |
| Swaziland | NA | 27.50% | 28.00% | 27.50% | 27.50% | 27.50% | 27.50% |
| Sweden | 22.00% | 22.00% | 22.00% | 21.40% | 21.40% | 20.60% | 20.60% |
| Switzerland | 17.92% | 17.77% | 18.00% | 18.00% | 14.84% | 14.93% | 18.00% |
| Syria | 22.00% | 28.00% | 28.00% | 28.00% | 28.00% | 28.00% | 28.00% |
| Taiwan | 17.00% | 17.00% | 20.00% | 20.00% | 20.00% | 20.00% | 20.00% |
| Tanzania | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% |
| Thailand | 20.00% | 20.00% | 20.00% | 20.00% | 20.00% | 20.00% | 20.00% |
| Trinidad and Tobago | 25.00% | 25.00% | 25.00% | 25.00% | 30.00% | 30.00% | 30.00% |
| Tunisia | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 15.00% | 15.00% |
| Turkey | 20.00% | 20.00% | 22.00% | 22.00% | 22.00% | 20.00% | 23.00% |
| Turkmenistan | NA | 20.00% | 20.00% | 20.00% | 20.00% | 20.00% | 20.00% |
| Turks and Caicos Islands | NA | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Uganda | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% | 30.00% |
| Ukraine | 18.00% | 18.00% | 18.00% | 18.00% | 18.00% | 18.00% | 18.00% |
| United Arab Emirates | 55.00% | 55.00% | 55.00% | 55.00% | 55.00% | 55.00% | 0.00% |
| United Kingdom | 20.00% | 19.00% | 19.00% | 19.00% | 19.00% | 19.00% | 25.00% |
| United States | 40.00% | 40.00% | 27.00% | 27.00% | 27.00% | 27.00% | 25.00% |
| Uruguay | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% |
| Uzbekistan | 7.50% | 7.50% | 7.50% | 7.50% | 7.50% | 7.50% | 15.00% |
| Vanuatu | 0.00% | 34.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Venezuela | 34.00% | 34.00% | 34.00% | 34.00% | 34.00% | 34.00% | 34.00% |
| Vietnam | 22.00% | 20.00% | 20.00% | 20.00% | 20.00% | 20.00% | 20.00% |
| Yemen | 20.00% | 20.00% | 20.00% | 20.00% | 20.00% | 20.00% | 20.00% |
| Zambia | 35.00% | 35.00% | 35.00% | 35.00% | 35.00% | 35.00% | 35.00% |
| Zimbabwe | 25.75% | 25.00% | 25.00% | 25.00% | 24.00% | 24.00% | 24.72% |