Top 20 Countries With The Highest Personal Income Tax
Although almost every single country in the world has a personal income tax, these countries have the highest tax rates on the same.
Which country has the highest personal income tax in the world today?.
Here is the list of the top 20 countries from different continents globally that currently charge the most tax on personal income.
Which means the government of these countries collect a lot of money on taxes that are paid in connection with personal income tax.
We can all agree that a personal income tax of all the taxes which are there in a particular country should be among the lowest.
But that is nothing close to the case when it comes to these countries.
According to Trading Economics, find out today if your country is among the few countries in the world that tax personal income the highest percentage.
With that being said, ranked by their personal income tax rates percentage, below are the top highest taxed countries in the world today by income tax rate.
They also include countries with the Highest Corporate Taxes today.
This year, Ivory Coast has a Personal Income Tax Rate of around 60% making the country the highest taxed country on personal income taxes in the world.
Countries With The Highest Personal Income Tax Rates:
- Ivory Coast – 60%
- Finland ๐ซ๐ฎ – 56.95%
- Japan ๐ฏ๐ต – 55.97%
- Denmark ๐ฉ๐ฐ – 55.90%
- Austria ๐ฆ๐น – 55.00%
- Sweden ๐ธ๐ช – 52.90%
- Aruba ๐ฆ๐ผ – 52.00%
- Belgium ๐ง๐ช – 50.00% (tie)
- Israel ๐ฎ๐ฑ – 50.00% (tie)
- Slovenia ๐ธ๐ฎ – 50.00% (tie)
- Puerto Rico – 37.5%
- Suriname ๐ธ๐ท – 36.0%
- Chad ๐น๐ฉ – 35.0% (tie)
- Equatorial Guinea – 35.0% (tie)
- Guinea – 35.0% (tie)
- Iraq ๐ฎ๐ถ – 35.0% (tie)
- Malta ๐ฒ๐น – 35.0% (tie)
- Sudan ๐ธ๐ฉ – 35.0% (tie)
- Zambia ๐ฟ๐ฒ – 35.0% (tie)
- Brazil ๐ง๐ท – 34.0% (tie)
