Country Corporate tax Individual ( min ) Individual ( max ) ( Highest possible local income taxes - central govt in brackets ) VAT or GST or Sales tax ( also see VAT rates ) Further reading Afghanistan 20 % 0 % 20 % 0 % Taxation in Afghanistan Albania 15 % 0 % 23 % 7000600000000000000 ♠ 6 % ( tourism services ) 7001200000000000000 ♠ 20 % ( others ) Taxation in Albania Algeria 19 % -- 26 % 0 % 35 % 7000900000000000000 ♠ 9 % ( basic items ) 7001190000000000000 ♠ 19 % ( others ) Taxation in Algeria American Samoa 15 % -- 44 % 4 % 6 % 0 % Taxation in American Samoa Andorra 10 % 10 % 10 % 5000000000000000000 ♠ 0 % , 7000100000000000000 ♠ 1 % or 7000250000000000000 ♠ 2.5 % ( reduced rates ) 7000450000000000000 ♠ 4.5 % ( standard rate ) 7000950000000000000 ♠ 9.5 % ( banking services ) Taxation in Andorra Angola 30 % 0 % 17 % 7001100000000000000 ♠ 10 % Taxation in Angola Anguilla 0 % 0 % 0 % 0 % Taxation in Anguilla Argentina 35 % 9 % 35 % 7001210000000000000 ♠ 21 % Taxation in Argentina Armenia 20 % 24.4 % 36 % 7001200000000000000 ♠ 20 % Taxation in Armenia Aruba 25 % 7 % 58.95 % 1.5 % ( turnover tax ) Taxation in Aruba Australia 28.5 % -- 30 % 0 % 49 % 5000000000000000000 ♠ 0 % ( essential items ) 7001100000000000000 ♠ 10 % ( others ) Taxation in Australia Austria 25 % 0 % 55 % 7001100000000000000 ♠ 10 % ( basic items ) 7001130000000000000 ♠ 13 % ( tourism services ) 7001200000000000000 ♠ 20 % ( others ) Taxation in Austria Azerbaijan 20 % 14 % 25 % 7001180000000000000 ♠ 18 % Taxation in Azerbaijan Bahamas 0 % 0 % 0 % ( 8.8 % social security tax ) 0 % -- 7.5 % Taxation in Bahamas Bangladesh 35 % 0 % 25 % 7001150000000000000 ♠ 15 % Taxation in Bangladesh Barbados 25 % 25 % 38 % 7001175000000000000 ♠ 17.5 % ( hotel accommodation 7.5 % ) Taxation in Barbados Bahrain 0 % 0 % 0 % 5 % Taxation in Bahrain Belarus 18 % 13 % 17 % 7001200000000000000 ♠ 20 % or 10 % Taxation in Belarus Belgium 33.99 % 25 % 64 % ( 55 % ) 7001210000000000000 ♠ 21 % -- 12 % ( restaurants ) -- 6 % ( essential and selected goods ) Taxation in Belgium Belize N / A 0 % 25 % 7001125000000000000 ♠ 12.5 % Taxation in Belize Benin 35 % 10 % 35 % 7001180000000000000 ♠ 18 % Taxation in Benin Bermuda N / A N / A N / A N / A Taxation in Bermuda Bhutan 30 % 0 % 25 % N / A Taxation in Bhutan Bolivia 25 % 0 % 25 % 7001130000000000000 ♠ 13 % ( VAT ) -- multiple rates ( ICE : Consumption of specific products ) Taxation in Bolivia Bosnia and Herzegovina 10 % N / A 10 % FBiH , 0 -- 15 % RS 7001170000000000000 ♠ 17 % FBiH and RS Taxation in Bosnia and Herzegovina Botswana 22 % 0 % 25 % 7001120000000000000 ♠ 12 % Taxation in Botswana Brazil 34 % 0 % 27.5 % 7001170000000000000 ♠ 17 % to 25 % Taxation in Brazil Brunei 20 % 0 % 0 % N / A Taxation in Brunei Bulgaria 10 % ( + 5 % on distribution of profit ) 10 % 10 % 7001200000000000000 ♠ 20 % Taxation in Bulgaria Burkina Faso 27.5 % 0 % 25 % 7001180000000000000 ♠ 18 % Taxation in Burkina Faso Burundi 35 % 0 % 35 % 7001180000000000000 ♠ 18 % Taxation in Burundi Cambodia 20 % 0 % 20 % 7001100000000000000 ♠ 10 % Taxation in Cambodia Cameroon 31.5 % 10 % 35 % 7001192500000000000 ♠ 19.25 % Taxation in Cameroon Canada 13 % 19 % ( 15 % fed + ( 4 % -- 11 % provincial ) ) ( 0 % on the first $11,474 of income ) 58.75 % in Quebec ( 33 % federal ) 7000500000000000000 ♠ 5 % ( federal GST ) + 0 % -- 15 % ( provincial taxes ) Taxation in Canada Cape Verde 25 % 16.5 % 27.5 % 7001150000000000000 ♠ 15 % Taxation in Cape Verde Cayman Islands 0 % 0 % 0 % 0 % Taxation in the Cayman Islands Central African Republic 30 % N / A 50 % 7001190000000000000 ♠ 19 % Taxation in the Central African Republic Chad N / A N / A N / A N / A Taxation in Chad Chile 24 % ( on distributed profits , deductible from personal income taxes ) 0 % 40 % 7001190000000000000 ♠ 19 % Taxation in Chile China 25 % 0 % 45 % 7001170000000000000 ♠ 17 % with many exceptions Taxation in China Colombia 34 % + 0 % -- 6 % Surtax for 2017 , 33 % + 0 % -- 4 % Surtax for 2018 , and then 33 % 0 % 33 % for labor income , and 35 % for non-labor income 7001190000000000000 ♠ 19 % ( 5 % or 0 % ) Taxation in Colombia Comoros N / A N / A N / A N / A Taxation in Comoros Cook Islands 20 - 30 % 18.5 % 30 % 15 % Taxation in Cook Islands Democratic Republic of the Congo N / A N / A N / A N / A Taxation in the Democratic Republic of the Congo Congo N / A N / A N / A N / A Taxation in the Republic of the Congo Costa Rica 30 % 0 % 25 % 7001130000000000000 ♠ 13 % Taxation in Costa Rica Croatia 12 % for less than 3 mil kn , 18 % for more 12 % 40 % 7001250000000000000 ♠ 25 % ( 0 % on books and some foods ) Taxation in Croatia Cuba 30 % 15 % 50 % 7000250000000000000 ♠ 2.5 % to 20 % Taxation in Cuba Curaçao N / A N / A N / A N / A Taxation in Curaçao Cyprus 12.5 % 0 % 35 % 7001190000000000000 ♠ 19 % ( 5 % or 0 % for certain goods ) Taxation in Cyprus Czech Republic 19 % 15 % ( minus 24,840 CZK per year ) 22 % ( + 7 % for income above 4x of average wage ) 7001210000000000000 ♠ 21 % ( 15 % or 10 % for certain goods ) Taxation in the Czech Republic Denmark 22 % 29.68 % ( 2015 ) ( first USD $7,760 pro anno is deductible ) 60.02 % 7001250000000000000 ♠ 25 % Taxation in Denmark Djibouti N / A N / A N / A N / A Taxation in Djibouti Dominica N / A N / A N / A N / A Taxation in Dominica Dominican Republic 27 % 0 % 25 % 18 % Taxation in Dominican Republic Timor - Leste N / A N / A N / A N / A Taxation in East Timor Ecuador 24 % 0 % 35 % 7001120000000000000 ♠ 12 % ( standard ) , 15 % ( luxury goods ) , 0 % ( exports ) Taxation in Ecuador Egypt 22.5 % ( Corporate Taxes ) 5 % ( Distribution of Profit Taxes ) 0 % ( Up to 7.2 K EGP per year ) 22.5 % ( more than 200K EGP per year ) 7001140000000000000 ♠ 14 % ( standard ) , 10 % ( professional services ) , 0 % ( exports ) Taxation in Egypt El Salvador 30 % 0 % 30 % 7001130000000000000 ♠ 13 % Taxation in El Salvador Equatorial Guinea N / A N / A N / A N / A Taxation in Equatorial Guinea Eritrea N / A N / A N / A N / A Taxation in Eritrea Estonia 0 % ( 20 % on distribution of profit ) 20 % ( 0 % on dividents to residents ) 20 % 7001200000000000000 ♠ 20 % or 9 % Taxation in Estonia Ethiopia N / A N / A N / A N / A Taxation in Ethiopia Falkland Islands 26 % 0 % 26 % 0 % Taxation in Falkland islands F.S. Micronesia N / A N / A N / A N / A Taxation in Micronesia Fiji 20 % 0 % 20 % 9 % Taxation in Fiji Finland 20 % 7.71 % ( 7.71 % social security , no national or municipal taxes for income no more than 2 930 € ) 54.25 % ( 31.75 % ) 7001240000000000000 ♠ 24 % 14 % ( food and fodder ) 10 % ( e.g. medicines , public transport ) Taxation in Finland France 15 % ( profit < € 38120 ) - 33.00 % ( profit > € 38120 ) 0 % up to € 9700 45 % ( + tax on high incomes : 4 % over € 500,000 ) 20 % , 10 % ( restaurants , transportation , tourism ) , 5.5 % ( utilities ) , 2.1 % ( press ) Taxation in France Gabon 35 % 5 % 35 % 7001180000000000000 ♠ 18 % Taxation in Gabon Gambia 31 % 0 % 30 % N / A Taxation in Gambia Germany 29.65 % 14 % ( first € 8,354 pro anno is deductible ) 47.475 % ( 45 % income tax + 5.5 % solidarity surcharge based on the total tax bill ) 7001190000000000000 ♠ 19 % or 7 % ( e.g. food ) Taxation in Germany Georgia 15 % 5 % 20 % 7001180000000000000 ♠ 18 % Taxation in Georgia Ghana N / A N / A N / A N / A Taxation in Ghana Gibraltar 10 % 17 % 40 % 0 % Taxation in Gibraltar Greece 29 % ( + 29 % paid in advance & returned after 1 year ) 22 % ( € 1,900 tax deducted if income < € 21,000 ) 45 % 7001240000000000000 ♠ 24 % , 13 % ( Health , Tourism ) , and 6 % ( Theater tickets , books , medicine ) . For some islands away from the mainland the rates are 17 % , 9 % and 4 % . Taxation in Greece Grenada N / A N / A N / A N / A Taxation in Grenada Guatemala 25 % 5 % 7 % 7001120000000000000 ♠ 12 % Taxation in Guatemala Guinea N / A N / A N / A N / A Taxation in Guinea Guinea - Bissau N / A N / A N / A N / A Taxation in Guinea - Bissau Guyana 30 % N / A 331⁄3 % 7001160000000000000 ♠ 16 % or 0 % Taxation in Guyana Guernsey 0 % 0 % 20 % 0 % Taxation in Guernsey Haiti N / A N / A N / A N / A Taxation in Haiti Honduras N / A N / A N / A N / A Taxation in Honduras Hong Kong 16.5 % 0 % 15 % 0 % . The idea to levy GST was proposed and dropped in 2006 . Taxation in Hong Kong Hungary 9 % 46.15 % ( 17.8 % social contribution tax , occasional training contribution 2.4 % , 5.7 % healthcare , social security 8.1 % , income tax 12.15 % , ) 46.15 % ( 17.8 % social contribution tax , occasional training contribution 2.4 % , 5.7 % healthcare , social security 8.1 % , income tax 12.15 % , ) 7001270000000000000 ♠ 27 % , 18 % ( milk , egg , pork , chicken meat , internet service , restaurant services ) , 5 % ( medicines , books ) Taxation in Hungary Iceland 20 % 0 % 46 % 7001240000000000000 ♠ 24 % or 11 % Taxation in Iceland India 25 % 0 % 30 % 7001280000000000000 ♠ 28 % . 18 % , 12 % , 5 % , 0 % . GST rates in India . Taxation in India Indonesia 25 % 5 % 30 % 7001100000000000000 ♠ 10 % Taxation in Indonesia Iran 25 % 0 % 35 % 0 % -- 9 % -- depending on item Taxation in Iran Iraq N / A N / A N / A N / A Taxation in Iraq Ireland 12.5 % 20 % ( first € 1,650 pro anno is deductible ) 52 % ( 40 % Income Tax + 12 % social insurance contributions on income above € 70,000 , 9 % social security contributions between € 18,000 and € 70,000 ) 7001230000000000000 ♠ 23 % Goods 9 % -- 13.5 % Services 0 % certain items of food Taxation in Ireland Isle of Man 0 % 10 % 20 % 20 % , 5 % on Home Renovations Taxation in Isle of Man Israel Annual profit > 10B ILS : 6 % . Annual profit < 10B ILS : 7.5 % - 24 % . 11.5 % 50 % 7001170000000000000 ♠ 17 % on all the products and services ( except for vegetables and fruits ) . Taxation in Israel Italy 27.9 % ( 24 % + 3.9 % municipal ) 23 % - 0 % on the first 8.500 euro income 43 % + 4 % ( special added tax ) 7001220000000000000 ♠ 22 % or 10 % or 4 % ( food , books ) Taxation in Italy Ivory Coast N / A N / A N / A N / A Taxation in Ivory Coast Jamaica 33.3 % Large companies 25 % Small Private companies 0 % 25 % on income over J $1,500,000 GCT 7001165000000000000 ♠ 16.5 % , SCT varies up to 20 % Taxation in Jamaica Japan 32.11 % 15.105 % ( 5.105 % national + 10 % local ) 55.945 % ( 45.945 % national ) 7000800000000000000 ♠ 8 % ( consumption ) To go up to 10 % in October 2019 Taxation in Japan Jersey 0 % 0 % 20 % 5 % Taxation in Jersey Jordan 20 % 0 % 14 % 7001160000000000000 ♠ 16 % ( GST ) Taxation in Jordan Kazakhstan 20 % 10 % 10 % ( for residents ) , 15 % ( for non-residents ) 7001120000000000000 ♠ 12 % Taxation in Kazakhstan Kenya 30 % 10 % 30 % citizens , 35 % foreigners 16 % / 12 % ( electricity & fuel ) VAT , 0 % / exempt FOOD + 12.5 % Withholding tax , 5 % contractor Withholding tax Taxation in Kenya Kiribati N / A N / A N / A N / A Taxation in Kiribati Kuwait 0 % 0 % 0 % 0 % Taxation in Kuwait South Korea 24.2 % 6 % + 1.8 % 42 % + 11.4 % 7001100000000000000 ♠ 10 % Taxation in South Korea North Korea 25 % 0 % 20 % 2 % to 4 % Taxation in North Korea Kyrgyzstan N / A N / A N / A N / A Taxation in Kyrgyzstan Laos N / A N / A N / A N / A Taxation in Laos Latvia 0 % / 20 % ( flat tax rate ) 23 % ( flat tax rate ) 23 % 7001210000000000000 ♠ 21 % Taxation in Latvia Lebanon 15 % 2 % 20 % 7001100000000000000 ♠ 10 % Taxation in Lebanon Lesotho N / A N / A N / A N / A Taxation in Lesotho Liberia N / A N / A N / A N / A Taxation in Liberia Libya N / A N / A N / A N / A Taxation in Libya Liechtenstein 12.5 % 3 % 24 % 2.5 % - 7000800000000000000 ♠ 8.0 % , ( lodging services 3.8 % ) Taxation in Liechtenstein Lithuania 15 % 31.2 % 42.77 % 7001210000000000000 ♠ 21 % Taxation in Lithuania Luxembourg 29.22 % 6 % 52.45 % total : 40 % + 12.45 % social security charges 7001170000000000000 ♠ 17 % Taxation in Luxembourg Macau 12 % 0 % 12 % 0 % Taxation in Macau Macedonia 10 % 10 % ( flat tax rate ) 10 % 7001180000000000000 ♠ 18 % or 5 % Taxation in Macedonia Madagascar N / A N / A N / A N / A Taxation in Madagascar Malawi N / A N / A N / A N / A Taxation in Malawi Malaysia 18 -- 24 % 0 % 28 % . On top of that , additional 11 % for Employees Provident Fund , from Employee , 12 % -- 13 % from Employer ; Additional 1.2 % for SOCSO from Employee , and 1.4 % from Employer 6 % GST Taxation in Malaysia Maldives 8 % - 7001150000000000000 ♠ 15 % 0 % 15 % 7000600000000000000 ♠ 6 % Since January 1 , 2012 ( Increased from 3.5 % set on October 2 , 2011 ) Taxation in Maldives Mali N / A N / A N / A N / A Taxation in Mali Malta 0 -- 10 % ( 35 % pre rebate ) 0 % 35 % 7001180000000000000 ♠ 18 % Taxation in Malta Marshall Islands N / A 0 % , 8 % on employees of resident companies 12 % on employees of resident companies 2 -- 4 % Taxation in Marshall Islands Mauritania N / A N / A N / A N / A Taxation in Mauritania Mauritius 15 % 15 % ( flat tax rate ) 15 % 7001150000000000000 ♠ 15 % Taxation in Mauritius Mexico 30 % 1.92 % 35 % + reduction of deductions ( topes ) 7001160000000000000 ♠ 16 % Taxation in Mexico Moldova 12 % 7 % 18 % 7001200000000000000 ♠ 20 % Taxation in Moldova Monaco 33.33 % 0 % 0 % 7001196000000000000 ♠ 19.6 % - 5.5 % Taxation in Monaco Mongolia 10 % 10 % 10 % 10 % Taxation in Mongolia Montenegro 9 % 9 % ( first EUR 720 ) 15 % 7001110000000000000 ♠ 11 % ( 2015 ) Taxation in Montenegro Montserrat N / A N / A N / A N / A Taxation in Montserrat Morocco 10 % -- 31 % 0 % 7 % -- 20 % N / A Taxation in Morocco Mozambique N / A N / A N / A N / A Taxation in Mozambique Myanmar N / A N / A N / A N / A Taxation in Myanmar Namibia N / A N / A N / A N / A Taxation in Naminia Nauru N / A N / A N / A N / A Taxation in Nauru Nepal 20 % 15 % , 1 % Social Security Tax Mandatory 25 % 7001130000000000000 ♠ 13 % Taxation in Nepal Netherlands 20 % on first € 250,000 profit . 25 % on € 250,001 + profit 36.55 % ( first € 21.103 pro anno is deductible ) 51.95 % + reduction of deductions ( arbeidskorting and general korting ) 7001210000000000000 ♠ 21 % ( 6 % for essential and selected goods ) Taxation in the Netherlands New Zealand 28 % 10.5 % 33 % 7001150000000000000 ♠ 15 % GST Taxation in New Zealand New Caledonia 30 % 0 % 25 % on local income of non-residents 40 % N / A Taxation in New Caledonia Nicaragua N / A N / A N / A N / A Taxation in Nicaragua Niger N / A N / A N / A N / A Taxation in Niger Nigeria 30 % 7 % 24 % 5 % Taxation in Nigeria Niue N / A N / A N / A 12.5 % Taxation in Niue Norfolk Island N / A N / A N / A N / A Taxation in Norfolk Island Norway 23 % for 2018 0 % 23 % + 8.2 % + top tax ( from 1.4 % to 15.4 % ) minus deductions for 2018 7001250000000000000 ♠ 25 % or 15 % ( food and drink in shops ) or 10 % ( transportation , cinema , hotel rooms ) Taxation in Norway Oman 15 % 0 % 0 % 5 % Taxation in Oman Pakistan 35 % 7.5 % 35 % 5000000000000000000 ♠ 0 % or 17 % ( basic food items ) Taxation in Pakistan Palau N / A N / A N / A N / A Taxation in Palau Palestine 15 % 5 % 15 % 7001145000000000000 ♠ 14.5 % ( VAT ) Taxation in Palestine Panama 25 % 0 % 27 % 7000700000000000000 ♠ 7 % ( except for : essential goods 0 % , alcohol and hotels 10 % , tobacco 15 % ) Taxation in Panama Papua New Guinea N / A N / A N / A N / A Taxation in Papua New Guinea Paraguay 10 % 8 % 10 % 10 % Taxation in Paraguay Peru 30 % 0 % 30 % 7001180000000000000 ♠ 18 % ( 16 % VAT + 2 % Municipal Promotional Tax ) 0 -- 118 % ISC Impuesto Selectivo al Consumo ( To some products like liquor , cigarettes , etc . ) Taxation in Peru Philippines 30 % 0 % 35 % 7001120000000000000 ♠ 12 % or 0 % ( Senior citizens and persons with disability are exempted from paying the VAT . ) Taxation in the Philippines Pitcairn Islands N / A N / A N / A N / A Taxation in Pitcairn Islands Poland 19 % ( 15 % for SME ) 0 % 32 % ( or optional 19 % flat rate for self - employed ) 7001230000000000000 ♠ 23 % or 8 % or 5 % Taxation in Poland Portugal 23 % 14.5 % 48 % 7001230000000000000 ♠ 23 % , 13 % , 6 % Madeira , Açores : 15 % , 9 % , 4 % Taxation in Portugal Puerto Rico 20 % 0 % ( 16 % Proposed from March 2015 ) 33.34 % 11.5 % Taxation in Puerto Rico Qatar 10 % 0 % 0 % 0 % Taxation in Qatar Romania 10 % ( 1 % revenue for micro-entities ) 10 % ( flat tax rate ) 10 % ( + 25 % CAS ( social security ) + 10 % CASS ( health insurance ) for employed persons or only + 10 % CASS calculated from the minimum wage if you earn more than the monthly minimum wage x12 months for the self - employed persons , ex you pay a maximum of 2280 RON as CASS contribution in 2018 if you earn over 22800 RON for the whole year ) 7001190000000000000 ♠ 19 % or 9 % ( food , medicines , books , newspapers , hotel ... ) , or 5 % Taxation in Romania Russia 20 % 13 % ( flat ) 47 % ( 35 % for non-residents ; 13 % -- standard income tax ; insurance deductions : 26 % -- pension fund charges , 2.9 % -- social security charges ( 1.8 % -- for non-citizens ) , 5.1 % -- medicare ; totaling : 34 % + 13 % = 47 % ) 7001180000000000000 ♠ 18 % or 10 % ( books , certain items of food , children goods ; for several types of purchase such as house or flat freeing of this tax is possible ) Taxation in Russia Rwanda N / A N / A N / A N / A Taxation in Rwanda Saint Kitts and Nevis 0 % 0 % 0 % N / A Taxation in Saint Kitts and Nevis Saint Lucia N / A N / A N / A N / A Taxation in Saint Lucia Saint Pierre and Miquelon N / A N / A N / A N / A Taxation in Saint Pierre and Miquelon Saint Vincent and the Grenadines N / A N / A N / A N / A Taxation in Saint Vincent and the Grenadines Samoa N / A N / A N / A N / A Taxation in Samoa San Marino 17 % 12 % 50 % 17 % on imported goods . There is no VAT registration inside San Marino . Taxation in San Marino São Tomé and Príncipe N / A N / A N / A N / A Taxation in São Tomé and Príncipe Sark 0 % 0 % 0 % -- There are taxes on property and personal capital ( max £ 6,500 ) . 0 % -- There is no VAT on Sark . Import duty is levied on some goods brought onto the island . Taxation in Sark Saudi Arabia 20 % 0 % ( foreigners ) Zakat 2.5 % on capital assets ( natives ) 0 % ( foreigners ) Zakat 2.5 % on capital assets ( natives ) 5 % Taxation in Saudi Arabia Senegal 25 % 0 % 50 % 7001200000000000000 ♠ 20 % Taxation in Senegal Serbia 15 % 10 % 25 % ( additional contributions for state health , pension and unemployment funds ) 20 % or 8 % or 0 % ( reduced rates are for certain goods ) Taxation in Serbia Seychelles N / A N / A N / A N / A Taxation in Seychelles Sierra Leone N / A N / A N / A N / A Taxation in Sierra Leone Singapore 17 % 0 % 22 % ( Compulsory pension deduction of 20 % from Salary ) 7000700000000000000 ♠ 7 % ( GST ) Taxation in Singapore Sint Maarten N / A N / A N / A N / A Taxation in Sint Maarten Slovakia 22 % 0 % 25 % 7001200000000000000 ♠ 20 % 10 % on medication and books Taxation in Slovakia Slovenia 19 % 16 % 50 % 7001220000000000000 ♠ 22 % or 9.5 % Taxation in Slovenia Solomon Islands N / A N / A N / A N / A Taxation in Solomon Islands Somalia N / A N / A N / A N / A Taxation in Somalia South Africa 28 % 18 % 45 % 14 % ( 7001150000000000000 ♠ 15 % from 1 April 2018 ) Taxation in South Africa South Sudan N / A N / A N / A N / A Taxation in South Sudan Spain 25 % 0 % ( below € 12,000 ) 45 % 21 % , 10 % & 4 % Taxation in Spain Sri Lanka 15 % -- 30 % 0 % 15 % ( If annual income is more than 2.5 m LKR ) 5000000000000000000 ♠ 0 % or 8 % or 12 % Taxation in Sri Lanka Sudan N / A N / A N / A N / A Taxation in Sudan Suriname N / A N / A N / A N / A Taxation in Suriname Swaziland 27.5 % 33 % 33 % 7001140000000000000 ♠ 14 % Taxation in Swaziland Sweden 22 % 29.19 % ( first USD $2,690 pro anno is deductible ) 60.15 % ( 25 % national ) 7001250000000000000 ♠ 25 % or 12 % or 6 % Taxation in Sweden Switzerland 17.92 % 0 % 13.2 % ( federal ) 7000770000000000000 ♠ 7.7 % or 3.8 % or 2.5 % Taxation in Switzerland Syria 22 % 5 % 15 % N / A Taxation in Syria Taiwan 17 % 6 % 45 % 7000500000000000000 ♠ 5 % VAT Various rates of Gross receipts tax on a few industries , such as financial services . Taxation in Taiwan Tajikistan N / A N / A N / A N / A Taxation in Tajikistan Tanzania 30 % 15 % 30 % 18 % Taxation in Tanzania Thailand 20 % 0 % 35 % 7 % Taxation in Thailand Togo N / A N / A N / A N / A Taxation in Togo Tokelau N / A N / A N / A N / A Taxation in Tokelau Tonga N / A N / A N / A N / A Taxation in Tonga Trinidad and Tobago 25 % 0 % 25 % 12.5 % Taxation in Trinidad & Tobago Tunisia 30 % 0 % 35 % 7001180000000000000 ♠ 18 % or 12 % or 6 % Taxation in Tunisia Turkey 20 % 15 % 35 % 7001180000000000000 ♠ 18 % or 8 % ( e.g. clothing ) or 1 % ( certain food ) Taxation in Turkey Turkmenistan N / A N / A N / A N / A Taxation in Turkmenistan Turks and Caicos Islands N / A N / A N / A N / A Taxation in Turks and Caicos Islands Tuvalu N / A N / A N / A N / A Taxation in Tuvalu Uganda N / A N / A N / A N / A Taxation in Uganda Ukraine 18 % 18 % 18 % 20 % or 7 % or 0 % Taxation in Ukraine United Arab Emirates 0 % 0 % 0 % 5 % Taxation in United Arab Emirates United Kingdom 7001190000000000000 ♠ 19 % 20 % ( plus personal allowance of £ 11,000 for people earning less than £ 100,000 -- tapered down to zero by £ 123,000 ) 45 % ( on income over £ 150,000 ) 7001200000000000000 ♠ 20 % Standard Rate ; 5 % Reduced Rate for home energy and renovations ; 0 % Zero Rate for life necessities -- groceries , water , prescription medications , medical equipment and supplies , public transport , children clothing , books and periodicals . Taxation in the United Kingdom United States 21 % + 0 -- 12 % State / Local 0 % ( federal ) + 0 % ( state ) + 0 % -- 3 % ( local ) 54.4 % in San Francisco ( 37 % federal ) 5000000000000000000 ♠ 0 % - 11.725 % ( state and local ) Taxation in the United States Uruguay 25 % 0 % 30 % 7001220000000000000 ♠ 22 % ( basic ) or 11 % ( minimum ) or 0 % ( extent ) Taxation in Uruguay Uzbekistan 8 % 7.5 % 22 % 0 -- 7001200000000000000 ♠ 20 % Taxation in Uzbekistan Vanuatu N / A N / A N / A N / A Taxation in Vanuatu Venezuela 34 % 6 % 34 % 7 % -- 9 % - 7001120000000000000 ♠ 12 % Taxation in Venezuela Vietnam 20 % 5 % 35 % 7001100000000000000 ♠ 10 % Taxation in Vietnam British Virgin Islands 0 % 0 % 0 % N / A Taxation in the British Virgin Islands U.S. Virgin Islands 50 % -- 500 % N / A N / A N / A N / A Taxation in United States Virgin Islands Yemen 20 % 10 % 15 % 2 % Taxation in Yemen Zambia 35 % 10 % 30 % 7001160000000000000 ♠ 16 % Taxation in Zambia Zimbabwe N / A N / A N / A N / A Taxation in Zimbabwe

Question: who has the highest corporate taxes in the world
Answer: Zambia