Have you ever wondered what the tax rate is in other countries? Well I have!
First off, if you ever wanted to live in Denmark, forget it!! Switzerland is the place to be!
Denmark
Practical tax rate: 56%
Average pretax salary: $64,310
Average post-tax salary: $28,227
Sweden
Practical tax rate: 52%
Average pretax salary: $46,804
Average post-tax salary: $22,410
Belgium
Practical tax rate: 45%
Average pretax salary: $47,674
Average post-tax salary: $26,221
Germany
Practical tax rate: 30%
Average pretax salary: $42,369
Average post-tax salary: $29,658
Canada
Practical tax rate: 28%
Average pretax salary: $48,688
Average post-tax salary: $35,299
Ireland
Practical tax rate: 25%
Average pretax salary: $56,787
Average post-tax salary: $42,322
Greece
Practical tax rate: 22%
Average pretax salary: $19,189
Average post-tax salary: $14,967
Australia
Practical tax rate: 21%
Average pretax salary: $46,804
Average post-tax salary: $22,410
New Zealnad
Practical tax rate: 19%
Average pretax salary: $44,636
Average post-tax salary: $36,283
United States
Practical tax rate: 18% (but our corporate tax is 35%!)
Average pretax salary: $64,154
Average post-tax salary: $52,344
Russia
Practical tax rate: 13%
Average pretax salary: $9,720
Average post-tax salary: $8,456
United Kingdom
Practical tax rate: 13%
Average pretax salary: $46,252
Average post-tax salary: $40,169
Mexico
Practical tax rate: 13%
Average pretax salary: $9,812
Average post-tax salary: $8,537
China
Practical tax rate: 12%
Average pretax salary: $8,250
Average post-tax salary: $7,247
Japan
Practical tax rate: 10%
Average pretax salary: $39,089
Average post-tax salary: $35,279
Switzerland
Practical tax rate: 2%
Average pretax salary: $85,718
Average post-tax salary: $84,006
India
Practical tax rate: %
Average pretax salary: $1,670
Average post-tax salary: $1,670
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