Basic Corporate Tax rates in OECD countries reveal a number of countries which effectively put a handbrake on business creation. For some these are the rates which apply for all businesses, even if they are very small – they don’t provide help for small business, so how can they expect job creation?
| Central government corporate income tax rate 2 | Adjusted central government corporate income tax rate 3 | Sub-central government corporate income tax rate 4 | Combined corporate income tax rate 5 | Targeted corporate tax rates 6 | ||||||
| Country | ||||||||||
| Australia* | 30.0 | 30.0 | 30.0 | Y | ||||||
| Austria | 25.0 | 25.0 | 25.0 | N | ||||||
| Belgium* | 33.99 (33.0) | 34.0 | 34.0 | Y | ||||||
| Canada | 15.0 | 15.0 | 14.0 | 11.3 | 26.1 | Y | ||||
| Chile* | 20.0 | 20.0 | 20.0 | Y | ||||||
| Czech Republic | 19.0 | 19.0 | 19.0 | Y | ||||||
| Denmark | 25.0 | 25.0 | 25.0 | N | ||||||
| Estonia* | 21.0 | 21.0 | 21.0 | |||||||
| Finland | 24.5 | 24.5 | 24.5 | N | ||||||
| France* | 34.4 | 34.4 | 34.4 | Y | ||||||
| Germany* | 15,825 (15,0) | 15,825 | 14.4 | 30.2 | N | |||||
| Greece | 26.0 | 26.0 | 26.0 | Y | ||||||
| Hungary* | 19.0 | 19.0 | 19.0 | Y | ||||||
| Iceland* | 20.0 | 20.0 | 20.0 | Y | ||||||
| Ireland | 12.5 | 12.5 | 12.5 | Y | ||||||
| Israel* | 25.0 | 25.0 | 0.0 | 25.0 | Y | |||||
| Italy* | 27.5 | 27.5 | 27.5 | N | ||||||
| Japan* | 28.05(25.5) | 26.2 | 10.8 | 37.0 | Y | |||||
| Korea | 22.0 | 22.0 | 2.2 | 24.2 | Y | |||||
| Luxembourg* | 22,47 (21,0) | 22.5 | 6.8 | 29.2 | Y | |||||
| Mexico | 30.0 | 30.0 | 30.0 | Y | ||||||
| Netherlands* | 25.0 | 25.0 | 25.0 | Y | ||||||
| New Zealand* | 28.0 | 28.0 | 28.0 | N | ||||||
| Norway | 28.0 | 28.0 | 28.0 | Y | ||||||
| Poland* | 19.0 | 19.0 | 19.0 | N | ||||||
| Portugal* | 25.0 | 30.0 | 1.5 | 31.5 | Y | |||||
| Slovak Republic | 23.0 | 23.0 | 23.0 | N | ||||||
| Slovenia | 17.0 | 17.0 | 17.0 | |||||||
| Spain | 30.0 | 30.0 | 30.0 | Y | ||||||
| Sweden | 22.0 | 22.0 | 22.0 | N | ||||||
| Switzerland* | 8.5 | 6.7 | 14.4 | 21.1 | N | |||||
| Turkey | 20.0 | 20.0 | 20.0 | N | ||||||
| United Kingdom* | 23.0 | 23.0 | 23.0 | Y | ||||||
| United States* | 35.0 | 32.8 | 6.3 | 39.1 | Y | |||||