The Corporate Tax Rate in European Union stands at 20.70 percent. source: European Commission

Corporate Tax Rate in European Union averaged 25.73 percent from 1996 until 2021, reaching an all time high of 35.20 percent in 1997 and a record low of 20.70 percent in 2021. 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 October of 2021.

Corporate Tax Rate in European Union is expected to reach 20.70 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 20.70 percent in 2022, according to our econometric models.

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European Union Corporate Tax Rate

European Union Last Unit Reference Previous Highest Lowest
Sales Tax Rate 21.50 percent Dec/21 21.50 21.70 13.63
Corporate Tax Rate 20.70 percent Dec/21 20.80 35.20 20.70

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.