Economy How are companies taxed in different countries?

How are companies taxed in different countries?

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A G7 will be held in the UK from June 11 to 13, 2021. – SOPA Images

It is a “starting point”, as stressed by the Minister of the Economy, Bruno Le Maire. Finance ministers from G7 member countries announced last weekend an agreement for a global corporate tax, with a minimum rate of 15%. This historic initiative is still at the draft stage, as it will have to be supported by the G20 and by the members of the OECD.

If this agreement aims to create uniformity, it is therefore that there are big differences today concerning the corporate tax. But by how much, exactly?

Through this infographic, our partner, Statista, highlights the tax situation in some OECD countries. On the podium of the most “taxing” countries, we find Australia, France and South Korea, Belgium and Spain. Conversely, Hungary, Ireland and Canada are less “interventionist”.

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