The Corporate Tax Rate in European Union stands at 21.30 percent.

Corporate Tax Rate in European Union averaged 26.51 percent from 1996 until 2018, reaching an all time high of 35.20 percent in 1997 and a record low of 21.30 percent in 2018. 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 August of 2020.

Corporate Tax Rate in European Union is expected to reach 21.30 percent by the end of 2020, 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 21.30 percent in 2021, according to our econometric models.

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European Union Corporate Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
21.30 21.90 35.20 21.30 1996 - 2018 percent Yearly

European Union Taxes Last Previous Highest Lowest Unit
Personal Income Tax Rate 38.60 39.20 47.00 38.00 percent [+]
Sales Tax Rate 21.50 21.50 21.60 13.63 percent [+]
Corporate Tax Rate 21.30 21.90 35.20 21.30 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.