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Corporate tax rates table | KPMG | GLOBAL

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Corporate tax rates table


This table provides a view of global corporate tax rates between 2005 and 2012.
Use our interactive Tax rates tool to compare tax rates by country or region.
Location

2005

2006

2007

2008

2009

2010

2011

2012

http://www.kpmg.com/Global/en/WhatWeDo/Tax/tax-tools-and-resources/Pages/corporate-tax-rates-table.aspx[8/7/2012 10:29:08 AM]

Footnotes

Corporate tax rates table | KPMG | GLOBAL


0

20

20

20

20

20

20

+ Show

Albania

Afghanistan

23

20

20

10

10

10

10

10

+ Show

Angola

35

35

35

35

35

35

35

35

Argentina

35

35

35

35

35

35

35

35

+ Show

Armenia

20

20

20

20

20

20

20

20

Aruba

35

35

28

28

28

28

28

28

Australia

30

30

30

30

30

30

30

30

+ Show

Austria

25

25

25

25

25

25

25

25

+ Show

Bahamas

+ Show

Bahrain

+ Show

30

30

30

30

27.5

27.5

27.5

27.5

+ Show

Bangladesh
Barbados

30

25

25

25

25

25

25

25

+ Show

Belarus

24

24

24

24

24

24

24

18

+ Show

Belgium

33.99

33.99

33.99

33.99

33.99

33.99

33.99

33.99

+ Show

+ Show

25

+ Show

+ Show

Bermuda
Bolivia

25

Bonaire
Bosnia and Herzegovina

10

10

10

10

10

10

10

10

+ Show

Botswana

25

25

25

25

25

25

22

22

+ Show

Brazil

34

34

34

34

34

34

34

34

+ Show

Bulgaria

15

15

10

10

10

10

10

10

+ Show

20

20

20

31

28

26

Cambodia
Canada
Cayman Islands

36.1

36.1

36.1

33.5

33

Chile

17

17

17

17

17

17

20

18.5

China

33

33

33

25

25

25

25

25

Colombia

35

35

34

33

33

33

33

33

Costa Rica

30

30

30

30

30

30

30

30

Croatia

20

20

20

20

20

20

20

20

34.5

27.5

Curacao

+ Show

+ Show

+ Show

+ Show

Cyprus

10

10

10

10

10

10

10

10

+ Show

Czech Republic

26

24

24

21

20

19

19

19

+ Show

Denmark

28

28

25

25

25

25

25

25

+ Show

Dominican Republic

25

30

25

25

25

25

29

29

+ Show

Ecuador

25

25

25

25

25

25

24

23

+ Show

Egypt

20

20

20

20

20

20

20

25

+ Show

Estonia

24

23

22

21

21

21

21

21
30

+ Show

Fiji

31

31

31

31

29

28

28

28

+ Show

Finland

26

26

26

26

26

26

26

24.5

+ Show

France

33.83

33.33

33.33

33.33

33.33

33.33

33.33

33.33

+ Show

Germany

38.31

38.34

38.36

29.51

29.44

29.41

29.37

29.48

+ Show

Gibraltar

35

35

35

33

27

22

10

10

+ Show

Greece

32

29

25

25

25

24

20

20

+ Show

El Salvador

Georgia

Guatemala

31

31

31

31

31

31

31

31

+ Show

Guernsey

+ Show

Honduras

30

30

30

30

30

25

35

35

+ Show

17.5

17.5

17.5

16.5

16.5

16.5

16.5

16.5

+ Show

Hong Kong

http://www.kpmg.com/Global/en/WhatWeDo/Tax/tax-tools-and-resources/Pages/corporate-tax-rates-table.aspx[8/7/2012 10:29:08 AM]

Corporate tax rates table | KPMG | GLOBAL


Hungary

16

16

16

16

16

19

19

19

+ Show

Iceland

18

18

18

15

15

18

20

20

+ Show

36.59

33.66

33.99

33.99

33.99

33.99

32.44

32.44

+ Show

30

30

30

30

28

25

25

25

12.5

12.5

12.5

12.5

12.5

12.5

12.5

12.5

India
Indonesia
Ireland
Isle of Man

+ Show

+ Show

34

31

29

27

26

25

24

25

+ Show

Italy

37.25

37.25

37.25

31.4

31.4

31.4

31.4

31.4

+ Show

Jamaica

33.33

33.33

33.33

33.33

33.33

33.33

33.33

33.33

+ Show

40.69

38.01

+ Show

Israel

Japan

40.69

40.69

40.69

40.69

40.69

40.69

Jersey

Jordan

25

25

25

25

25

14

14

14

+ Show

Kazakhstan

30

30

30

30

20

20

20

20

+ Show

27.5

27.5

27.5

27.5

24.2

24.2

22

24.2

+ Show

Kuwait

Korea, Republic of

55

55

55

55

15

15

15

15

+ Show

Latvia

15

15

15

15

15

15

15

15

+ Show

40

40

40

40

+ Show

Libya
Liechtenstein
Lithuania
Luxembourg

20

20

12.5

12.5

15

15

15

15

20

15

15

15

+ Show

30.38

29.63

29.63

29.63

28.59

28.59

28.8

28.8

+ Show

Macau

12

12

12

12

12

12

12

12

+ Show

Macedonia

15

15

12

10

10

10

10

10

+ Show

35

+ Show

25

+ Show

Malawi
Malaysia

28

28

27

26

25

25

25

Malta

35

35

35

35

35

35

35

35

+ Show

Mauritius

25

25

22.5

15

15

15

15

15

+ Show

Mexico

30

29

28

28

28

30

30

30

+ Show

Montenegro

+ Show

Mozambique

32

32

32

32

32

32

32

32

+ Show

34

34

25

25

+ Show
+ Show

Namibia
Netherlands

31.5

29.6

25.5

25.5

25.5

25.5

New Zealand

33

33

33

30

30

30

28

28

Nigeria

30

30

30

30

30

30

30

30

Norway

28

28

28

28

28

28

28

28

+ Show

Oman

12

12

12

12

12

12

12

12

+ Show

Pakistan

35

35

35

35

35

35

35

35

+ Show

Panama

30

30

30

30

30

27.5

25

25

+ Show

Papua New Guinea

30

30

30

30

30

30

30

30

+ Show
+ Show

Paraguay

20

10

10

10

10

10

10

10

Peru

30

30

30

30

30

30

30

30

Philippines

32

35

35

35

30

30

30

30

Poland

19

19

19

19

19

19

19

19

Portugal

+ Show

27.5

27.5

25

25

25

25

25

25

+ Show

Qatar

35

35

35

35

35

10

10

10

+ Show

Romania

16

16

16

16

16

16

16

16

+ Show

Russia

24

24

24

24

20

20

20

20

+ Show

+ Show

Samoa

29

29

27

27

27

27

27

27

+ Show

Saudi Arabia

30

20

20

20

20

20

20

20

+ Show

Saba

http://www.kpmg.com/Global/en/WhatWeDo/Tax/tax-tools-and-resources/Pages/corporate-tax-rates-table.aspx[8/7/2012 10:29:08 AM]

Corporate tax rates table | KPMG | GLOBAL


Serbia

10

10

10

10

10

10

10

10

+ Show

Singapore

20

20

20

18

18

17

17

17

+ Show

Slovak Republic

19

19

19

19

19

19

19

19

Slovenia
South Africa
Spain
Sri Lanka

25

25

23

22

21

20

20

20

+ Show

37.78

36.89

36.89

34.55

34.55

34.55

34.55

34.55

+ Show

35

35

32.5

30

30

30

30

30

+ Show

32.5

32.5

35

35

35

35

28

28

+ Show

+ Show

34.5

34.5

+ Show

35

35

+ Show

St Eustatius
St Maarten
Sudan

35

Sweden

35

30

15

15

15

28

28

28

28

26.3

26.3

26.3

26.3

+ Show

21.3

21.3

21.32

21.17

21.17

21.17

21.17

21.17

+ Show

Syria

35

35

28

28

28

28

28

28

+ Show

Taiwan

25

25

25

25

25

17

17

17

+ Show

30

30

30

30

+ Show

30

30

30

30

30

30

30

30

+ Show

25

+ Show

Switzerland

Tanzania
Thailand
Trinidad and Tobago
Tunisia

35

35

30

30

30

30

30

30

+ Show

Turkey

30

20

20

20

20

20

20

20

+ Show

Ukraine

25

25

25

25

25

25

25

21

+ Show

United Arab Emirates

55

55

55

55

55

55

55

55

+ Show

United Kingdom

30

30

30

30

28

28

26

26

+ Show

United States

40

40

40

40

40

40

40

40

+ Show

Uruguay

30

30

30

25

25

25

25

25

Vanuatu

+ Show

Venezuela

34

34

34

34

34

34

34

34

+ Show

Vietnam

28

28

28

28

25

25

25

25

+ Show

Yemen

35

35

35

35

35

35

20

20

+ Show
+ Show

Zambia

35

35

35

35

35

35

35

35

30.9

30.9

30.9

30.9

30.9

25.75

25.75

25.75

Africa average

30.97

30.89

30.61

28.54

28.65

28.25

28.45

29.22

North America average

38.05

38.05

38.05

36.75

36.5

35.5

34

33

Zimbabwe

Asia average

29.79

28.99

28.46

27.99

25.73

23.96

23.1

23.12

Europe average

24.01

23.7

23.01

22

21.7

21.52

20.88

20.6

Latin America average

29.69

29.07

28.3

27.96

27.96

27.52

29.02

28.3

30.6

30.6

30.2

29.6

29.2

29

28.6

28.6

Oceania average
EU average

25.34

25.01

24.11

23.29

23.22

23.04

22.8

22.75

OECD average

28.45

27.75

27.08

26.08

25.73

25.79

25.5

25.37

Global average

27.93

27.48

26.93

26.08

25.35

24.66

24.47

24.47

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independent firms are affiliated with KPMG International. KPMG International provides no client services. No member
firm has any authority to obligate or bind KPMG International or any other member firm vis--vis third parties, nor

http://www.kpmg.com/Global/en/WhatWeDo/Tax/tax-tools-and-resources/Pages/corporate-tax-rates-table.aspx[8/7/2012 10:29:08 AM]

Corporate tax rates table | KPMG | GLOBAL

does KPMG International have any such authority to obligate or bind any member firm. All rights reserved.

http://www.kpmg.com/Global/en/WhatWeDo/Tax/tax-tools-and-resources/Pages/corporate-tax-rates-table.aspx[8/7/2012 10:29:08 AM]

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