Highest Taxed Countries 2019

As the old adage goes, only two things in life are certain: death and taxes. Taxes can be a burden, but paying taxes is actually important for a number of reasons. Taxes are used to fund education, technology, infrastructure, the military, and health programs. Taxes provide the funds that a country needs to survive, so it’s a necessary evil.

If you take a look at tax rates around the world, you’ll see a wide variation of tax rates. Some nations also have different types of taxes and rules surrounding taxation. Rules and tax rates can even vary within the same country. For example, within the United States, some states have sales tax while others do not. However, these states without a sales tax may face additional taxes or higher tax rates to make up for the deficit, such as higher property tax rates.

Finding the countries with the highest taxes can be a challenge because of the various rules, regulations, and types of taxes. For the purpose of this article, we’ll take a look at three main types of taxes: income tax, sales tax, and corporate tax. We’ll look at these different types of taxes to determine which nations have the highest taxes.

First, let’s start with income taxes. The highest maximum income tax rate can be found in Portugal. In this country, the maximum rate is 82.75%. Following behind is Aruba. This nation has income taxes of 58.95%. Coming in third for the highest maximum income tax rate is Canada. In Quebec, the tax rate is 58.75%.

Now, let’s look at the minimum income tax rate across the world. The lowest minimum income tax rate is in the United Kingdom, where the minimum income tax rate is 40%. Falling just behind the U.K. is Denmark, which has a tax rate of over 39%. This number drops to 34.63% for unemployed individuals. The Netherlands have the next highest minimum income tax rate, which is 36.55%.

Next, we’ll take a look at corporate tax rates around the globe. The highest corporate tax rate can be found in Suriname, which is at 36%. The second-highest corporate tax rate is a tie between several nations. Benin, Zambia, Argentina, Gabon, Bangladesh, and Burundi all have a corporate tax rate of 35%.

Finally, let’s look at VAT, GST, and sales tax rates. The highest rates are found in India, with rates up to 28%. Next is Hungary, which has a standard rate of 27%. In third place is Brazil, which has a maximum rate of 25%. Croatia, Denmark, Norway, and Sweden also have standard rates of 25%.

Rank Flag Name Population 2019 Area Area (mi²) % of Earth's Area Growth Rate Region Subregion
1India1,366,417,7543,287,590 km²1,269,010 mi²2.21%1.02%AsiaSouthern Asia
2Brazil211,049,5278,515,767 km²3,287,086 mi²5.74%0.75%AmericasSouth America
3Bangladesh163,046,161147,570 km²56,962 mi²< 0.1%1.03%AsiaSouthern Asia
4United Kingdom67,530,172242,900 km²93,759 mi²0.16%0.58%EuropeNorthern Europe
5Argentina44,780,6772,780,400 km²1,073,234 mi²1.87%0.95%AmericasSouth America
6Canada37,411,0479,984,670 km²3,854,083 mi²6.73%0.91%AmericasNorthern America
7Zambia17,861,030752,612 km²290,508 mi²0.51%2.94%AfricaEastern Africa
8Netherlands17,097,13041,850 km²16,154 mi²< 0.1%0.22%EuropeWestern Europe
9Benin11,801,151112,622 km²43,472 mi²< 0.1%2.75%AfricaWestern Africa
10Burundi11,530,58027,834 km²10,744 mi²< 0.1%3.18%AfricaEastern Africa
11Portugal10,226,18792,090 km²35,547 mi²< 0.1%-0.29%EuropeSouthern Europe
12Sweden10,036,379450,295 km²173,814 mi²0.30%0.65%EuropeNorthern Europe
13Hungary9,684,67993,028 km²35,909 mi²< 0.1%-0.24%EuropeEastern Europe
14Denmark5,771,87643,094 km²16,634 mi²< 0.1%0.34%EuropeNorthern Europe
15Norway5,378,857323,802 km²124,988 mi²0.22%0.77%EuropeNorthern Europe
16Croatia4,130,30456,594 km²21,845 mi²< 0.1%-0.63%EuropeSouthern Europe
17Gabon2,172,579267,668 km²103,320 mi²0.18%2.52%AfricaMiddle Africa
18Suriname581,372163,820 km²63,235 mi²0.11%0.93%AmericasSouth America
19Aruba106,314180 km²69 mi²< 0.1%0.44%AmericasCaribbean