Corporate Tax Rate in European Union decreased to 20.90 percent in 2020 from 21.10 percent in 2019. source: European Commission

Corporate Tax Rate in European Union averaged 25.93 percent from 1996 until 2020, reaching an all time high of 35.20 percent in 1997 and a record low of 20.90 percent in 2020. This page provides - European Union Corporate Tax Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. European Union Corporate Tax Rate - values, historical data and charts - was last updated on April of 2021.

Corporate Tax Rate in European Union is expected to reach 20.90 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the European Union Corporate Tax Rate is projected to trend around 20.90 percent in 2022, according to our econometric models.

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European Union Corporate Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
20.90 21.10 35.20 20.90 1996 - 2020 percent Yearly

European Union Taxes Last Previous Highest Lowest Unit
Personal Income Tax Rate 37.10 38.00 47.00 36.60 percent [+]
Sales Tax Rate 21.50 21.50 21.70 13.63 percent [+]
Corporate Tax Rate 20.90 21.10 35.20 20.90 percent [+]


European Union Corporate Tax Rate
In the European Union, the Corporate Income tax rate is an average of the taxes collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income.