2018 AIRINC Global Tax Infographic
AIRINC's tax experts have compiled an infographic of the countries that have the most progressive tax structures, the countries with the most regressive tax structures, and the countries with flat tax rate structures. All data was compiled with our international tax tools.
We have mined the global tax rates and calculated the effective rates of tax and social security based on three representative salary levels. The differences in effective tax rates between the three representative salary levels is a measure of the progressive nature of the tax and social security assessed on wages.
Tax Infographic Highlights:
- Countries with very progressive tax structures tend to have top marginal tax rates in excess of 35%
- Countries with regressive tax structures tend to limit the scope of taxation to a certain threshold of income, or only assess social security up to a maximum. This means income that exceeds the maximum threshold is tax-free
- Countries with flat tax structures typically have a flat income tax rate, or do not assess income tax or social security on wages
- See the complete infographic results by clicking below:
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