Forecast for List of Countries by Corporate Tax Rate | 2017-2020

This page provides forecasts for Corporate Tax Rate including a long-term outlook for the next decades, medium-term expectations for the next four quarters and short-term market predictions.


Last 2018 2019 2020
United States 35.00 Dec/17 20 20 20
Euro area 24.30 Dec/16 24.3 24.3 24.3
China 25.00 Dec/17 25 25 25
Japan 30.86 Dec/17 30 30 28
Germany 29.72 Dec/16 29.72 29.72 29.72
United Kingdom 19.00 Dec/17 19 18 17
France 33.30 Dec/17 33.3 33.3 33.3
India 30.00 Dec/17 30 25 25
Italy 27.90 Jan/17 27.9 27.9 27.9
Brazil 34.00 Dec/17 34 34 30
Canada 26.50 Dec/16 26.5 26.5 26.5
South Korea 22.00 Dec/17 25 25 25
Russia 20.00 Dec/17 20 20 20
Spain 25.00 Dec/17 25 25 25
Australia 30.00 Dec/16 30 27.5 27.5
Mexico 30.00 Dec/17 30 25 25
Indonesia 25.00 Dec/16 25 25 25
Turkey 20.00 Dec/17   21 21 22
Last 2018 2019 2020
Afghanistan 20.00 Dec/16   18 18 18
Albania 15.00 Dec/17 13.75 14 13
Algeria 26.00 Dec/16   24 24 24
Angola 30.00 Dec/16   34 35 35
Argentina 35.00 Dec/16 35 35 35
Armenia 20.00 Dec/16 20 20 20
Aruba 25.00 Dec/16   28 29 29
Australia 30.00 Dec/16 30 27.5 27.5
Austria 25.00 Dec/17   26 27 28
Azerbaijan 20.00 Dec/16 21 21 22
Bahamas 0.00 Dec/16 0 0 0
Bahrain 0.00 Dec/16 0 0 0
Bangladesh 25.00 Dec/16 26 26 25
Barbados 25.00 Dec/16 25 25 25
Belarus 18.00 Dec/17   19 20 20
Belgium 34.00 Dec/17 34 34 35
Bermuda 0.00 Dec/16 0 0 0
Bolivia 25.00 Dec/16 25 25 25
Bosnia and Herzegovina 10.00 Dec/17 10 10 10
Botswana 22.00 Dec/16 23 23 23
Brazil 34.00 Dec/17 34 34 30
Brunei 18.50 Dec/16   19 19 19
Bulgaria 10.00 Dec/17   11 12 13
Cambodia 20.00 Dec/16 20 20 20
Cameroon 33.00 Dec/16   37 38 38
Canada 26.50 Dec/16 26.5 26.5 26.5
Cayman Islands 0.00 Dec/16 0 0 0
Chad 35.00 Dec/16   39 39 39
Chile 24.00 Dec/16   25 26.5 26.5
China 25.00 Dec/17 25 25 25
Colombia 34.00 Jan/17 34 34 34
Congo 35.00 Dec/16   36 37 37
Costa Rica 30.00 Dec/16 30 30 30
Croatia 18.00 Jan/17   18.75 19 19
Cyprus 12.50 Dec/17   13 14 14
Czech Republic 19.00 Dec/17 19 20 20
Denmark 22.00 Dec/17 22 23 24
Dominican Republic 27.00 Dec/16   26 26 26
Ecuador 22.00 Dec/16   27 26 27
Egypt 22.50 Dec/16   22.5 22.5 22.5
El Salvador 30.00 Dec/16 30 30 30
Equatorial Guinea 35.00 Dec/16   33 33 33
Estonia 20.00 Dec/17 20 20 21
Ethiopia 30.00 Dec/16 30 30 30
Euro area 24.30 Dec/16 24.3 24.3 24.3
European Union 22.50 Dec/16   23 23 23
Fiji 20.00 Dec/16   24 25 27
Finland 20.00 Dec/17 21.25 21 22
France 33.30 Dec/17 33.3 33.3 33.3
Gabon 35.00 Dec/16 35 35 35
Gambia 31.00 Dec/17 31 31 31
Georgia 15.00 Dec/16   16 17 17
Germany 29.72 Dec/16 29.72 29.72 29.72
Ghana 25.00 Dec/16 26 26 27
Greece 29.00 Dec/17 29 29 29
Guam 35.00 Dec/16 35 35 35
Guatemala 25.00 Dec/16   29 30 32
Guinea 35.00 Dec/16 35 35 35
Honduras 30.00 Dec/16 30 30 30
Hong Kong 16.50 Dec/16   17 17 17
Hungary 9.00 Jan/17   5.25 9 10
Iceland 20.00 Dec/17 20 21 21
India 30.00 Dec/17 30 25 25
Indonesia 25.00 Dec/16 25 25 25
Iraq 15.00 Dec/16 15 15 15
Ireland 12.50 Dec/17   12.5 12.5 12.5
Isle of Man 0.00 Dec/16 0 0 0
Israel 25.00 Dec/16   24 24 24
Italy 27.90 Jan/17 27.9 27.9 27.9
Ivory Coast 25.00 Dec/16   27 28 29
Jamaica 25.00 Dec/16   29 31 32
Japan 30.86 Dec/17 30 30 28
Jordan 20.00 Dec/16   23 20 19
Kazakhstan 20.00 Dec/16   23 23 24
Kenya 30.00 Dec/16 30 30 30
Kosovo 10.00 Dec/17 10 10 10
Kuwait 15.00 Dec/16   25 28 30
Laos 24.00 Dec/16   26 26 27
Latvia 15.00 Dec/17   16 16 17
Lebanon 15.00 Dec/16 15 15 15
Lesotho 25.00 Dec/16   27 28 28
Libya 20.00 Dec/16   28 30 32
Liechtenstein 12.50 Dec/17   13 13 13
Lithuania 15.00 Dec/17   16 16 16
Luxembourg 29.22 Dec/16   30 30 30
Macau 12.00 Dec/16 12 12 12
Macedonia 10.00 Dec/17 10 11 11
Madagascar 20.00 Dec/16   22 24 25
Malawi 30.00 Dec/16 30 30 30
Malaysia 24.00 Dec/17 24 24 24
Maldives 0.00 Dec/16 0 0 0
Malta 35.00 Dec/17 35 35 35
Mauritania 25.00 Dec/16 24 24 24
Mauritius 15.00 Dec/16   16 17 18
Mexico 30.00 Dec/17 30 25 25
Moldova 12.00 Dec/17   8 7 6
Mongolia 25.00 Dec/16 25 25 25
Montenegro 9.00 Dec/17   10 11 11
Morocco 31.00 Dec/16   32 32 32
Mozambique 32.00 Dec/16 32 32 32
Myanmar 25.00 Dec/16 25 25 25
Namibia 32.00 Dec/16 33 33 33
Netherlands 25.00 Dec/17 25 26 26
New Zealand 28.00 Dec/17   29 29 30
Nicaragua 30.00 Dec/16 30 30 30
Nigeria 30.00 Dec/16 30 30 30
Norway 24.00 Dec/17   24.75 25 26
Oman 15.00 Feb/17 15 15 15
Pakistan 32.00 Dec/16 32 32 32
Panama 25.00 Dec/16 26 26 27
Papua New Guinea 30.00 Dec/16 29 29 29
Paraguay 10.00 Dec/16   12 13 14
Peru 28.00 Dec/16 28 28 28
Philippines 30.00 Dec/16   31 32 32
Poland 19.00 Dec/17 19 20 20
Portugal 21.00 Dec/17 21 21 21
Puerto Rico 39.00 Dec/16   39 36 36
Qatar 10.00 Dec/16   18 20 22
Republic of the Congo 30.00 Dec/16   29 29 29
Romania 16.00 Dec/17   17 17 18
Russia 20.00 Dec/17 20 20 20
Rwanda 30.00 Dec/16   31 31 31
Samoa 27.00 Dec/16 27 27 27
Saudi Arabia 20.00 Dec/16   22 22 23
Senegal 30.00 Dec/16 29 28 27
Serbia 15.00 Dec/17   14 13 12
Seychelles 33.00 Dec/16   35 35 36
Sierra Leone 30.00 Dec/16 30 30 30
Singapore 17.00 Dec/16 17 17 17
Slovakia 21.00 Jan/17   20.75 22 22
Slovenia 17.00 Dec/17   19 19 19
South Africa 28.00 Dec/16   30 30 31
South Korea 22.00 Dec/17 25 25 25
Spain 25.00 Dec/17 25 25 25
Sri Lanka 15.00 Dec/16   21 22 23
Sudan 20.00 Dec/16 19 26 32
Suriname 36.00 Dec/16 36 36 36
Swaziland 27.50 Dec/16   28 28 29
Sweden 22.00 Dec/17   23 24 24
Switzerland 24.41 Dec/17   27.75 26 27
Syria 28.00 Dec/17 28 28 28
Taiwan 17.00 Dec/17 20 20 20
Tanzania 30.00 Dec/16 30 30 30
Thailand 20.00 Dec/16   23 24 25
Trinidad And Tobago 25.00 Dec/16 25 25 25
Tunisia 25.00 Dec/16   27 28 28
Turkey 20.00 Dec/17   21 21 22
Uganda 30.00 Dec/16 30 30 30
Ukraine 18.00 Dec/17   19 19 20
United Arab Emirates 55.00 Dec/16   53 52 52
United Kingdom 19.00 Dec/17 19 18 17
United States 35.00 Dec/17 20 20 20
Uruguay 25.00 Dec/16 26 26 26
Uzbekistan 7.50 Dec/16   9 9 10
Vanuatu 0.00 Dec/16 0 0 0
Venezuela 34.00 Dec/16 34 34 34
Vietnam 20.00 Dec/17 20 20 20
Yemen 20.00 Dec/16   25 26 28
Zambia 35.00 Dec/16 35 35 35
Zimbabwe 25.75 Dec/16   27 28 28