27 countries with the highest taxes
Every year, the World Economic Forum presents its Report on the global competitiveness of the global economy.
To compile a rating, a number of indicators were taken: from the quality of teaching mathematics at school to inflation in each country.
The main types of taxes analyzed include income tax, social contributions paid by the employer, property taxes, sales taxes and other small taxes.
Business Insider has provided a list of countries where taxes exceed more than 50%:
27. Japan: 51.3%
26. Mexico: 51.8%
25. Côte d'Ivoire: 51.9%
24. Austria: 52%
23. Ukraine: 52.9%
22. Sri Lanka: 55.6%
21. Belgium: 57.8%
20. Costa Rica: 58%
19. Spain: 58.2%
18. India: 61.7%
17. Tunisia: 62.4%
16. Benin: 63,3%
15. Gambia: 63,3%
14. Chad: 63,5%
13. China: 64,6%
12. Italy: 65,4%
11. Venezuela: 65,5%
10. Nicaragua: 65,8%
9. France: 66,6%
8. Guinea: 68,3%
7. Brazil: 69%
6. Mauritania: 71,3%
6. Algeria: 72,7%
4. Colombia: 75,4%
3. Tajikistan: 80,9%
2. Bolivia: 83,7%
1. Argentina: 137,3%
See also:
Tax education. Who must file a declaration in the USA
Pay taxes. Important Tips for American Taxpayers
Top 6 tax innovations in 2016 year
Who pays what taxes in the USA
Should you file your tax return in 2016 year
Go to the page ForumDaily on Facebook to keep abreast of the latest news and comment material.
Subscribe to ForumDaily on Google News