diff --git "a/04b7a5da-c716-48af-8a3b-7709963b4401.json" "b/04b7a5da-c716-48af-8a3b-7709963b4401.json" new file mode 100644--- /dev/null +++ "b/04b7a5da-c716-48af-8a3b-7709963b4401.json" @@ -0,0 +1,40 @@ +{ + "interaction_id": "04b7a5da-c716-48af-8a3b-7709963b4401", + "search_results": [ + { + "page_name": "(New) 20 Countries with the Highest Tax Rates Worldwide 2023", + "page_url": "https://www.expatriationattorneys.com/20-high-tax-rate-countries/", + "page_snippet": "(New) 20 Countries with the Highest Tax Rates Worldwide 2023. Learn About 20 High Tax Rate Countries 2023 (Which Country Ranks #1).High income earners can end up paying nearly 41% tax and even more if they are self-employed and/or have state tax responsibilities (such as California, New York and New Jersey). But, before you decide to pursue your Plan B, give up your US citizenship or permanent residency and seek refuge elsewhere, it is important to know that the United states is not the only high taxed country across the globe. Let\u2019s take a look at some of the highest taxed countries across the globe for taxation of personal income as opposed to corporate income (noting, that these tax rates are the highest tax rates in the country and that oftentimes the country will have a progressive tax rate so for taxpayers who earn smaller income they may have a lower percentage of tax). When it comes to taxes, the United States Tax System has two major flaws. The first flaw is that the United States taxes individuals on their worldwide income. Therefore, even if a Taxpayer resides outside of the United States and earns all of their income from foreign sources \u2013the United States is still be able to tax their income just as if they worked in the United States and earned US sourced income. Therefore, even if a Taxpayer resides outside of the United States and earns all of their income from foreign sources \u2013the United States is still be able to tax their income just as if they worked in the United States and earned US sourced income. The second flaw is the unnecessarily high tax rate.", + "page_result": "\n\n\n \n \n \n (New) 20 Countries with the Highest Tax Rates Worldwide 2023\n\n\n\r\n\t\t\r\n\t\t\r\n\t\t\r\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\t\t\n\t\t\n\n\t\n\n\n\n\n\n\t\t\t\n\t\t\t\n\n\t\t\t \n\t\t\t\t\n\n\n\n \n \n\n\n
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\n \n \n \"Expatriation\n \n \n
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(New) 20 Countries with the Highest Tax Rates Worldwide 2023

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\"20

20 High Tax Rate Countries 2023 (Which Country Ranks #1)

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20 High Tax Rate Countries 2023

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When it comes to taxes, the United States Tax System has two major flaws. The first flaw is that the United States taxes individuals on their worldwide income. Therefore, even if a Taxpayer resides outside of the United States and earns all of their income from foreign sources –the United States is still be able to tax their income just as if they worked in the United States and earned US sourced income. The second flaw is the unnecessarily high tax rate. High income earners can end up paying nearly 41% tax and even more if they are self-employed and/or have state tax responsibilities (such as California, New York and New Jersey). But, before you decide to pursue your Plan B, give up your US citizenship or permanent residency and seek refuge elsewhere, it is important to know that the United states is not the only high taxed country across the globe. Rather, there are some countries that have even higher tax rates, so let’s take a look at 20 other high tax rate countries.

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Which Countries Have Highest Individual Tax Rates?

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Let’s take a look at some of the highest taxed countries across the globe for taxation of personal income as opposed to corporate income (noting, that these tax rates are the highest tax rates in the country and that oftentimes the country will have a progressive tax rate so for taxpayers who earn smaller income they may have a lower percentage of tax).

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These rates typically exclude self-employment and other related taxes.

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        Aruba: 52%

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        Australia: 45%

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        Austria: 50%

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        Belgium: 55%

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        Canada: 54%

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        China: 45%

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        Curacao: 46.5%

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        Denmark: 57%

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        Finland: 55%

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        Germany: 48%

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        Greece: 44%

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        Israel: 50%

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        Italy: 47%

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        Japan: 55%

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        Morocco: 38%

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        Netherlands: 49.50%

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        Norway: 47%

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        Slovenia: 50%

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        Spain: 54%

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        Sweden: 52%

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Golding & Golding: About Our International Tax Law Firm

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Golding & Golding\u00a0specializes exclusively in international tax, including offshore disclosure and expatriation.

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Contact our firm today\u00a0for assistance with getting compliant.

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930 Roosevelt Avenue, Suite 321, Irvine, CA 92620

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\n \n \n\n\n\n\n\n\n\n\r\n", + "page_last_modified": " Tue, 12 Mar 2024 19:23:28 GMT" + }, + { + "page_name": "(New) 20 Countries with the Highest Tax Rates Worldwide 2023", + "page_url": "https://www.expatriationattorneys.com/20-high-tax-rate-countries/", + "page_snippet": "(New) 20 Countries with the Highest Tax Rates Worldwide 2023. Learn About 20 High Tax Rate Countries 2023 (Which Country Ranks #1).High income earners can end up paying nearly 41% tax and even more if they are self-employed and/or have state tax responsibilities (such as California, New York and New Jersey). But, before you decide to pursue your Plan B, give up your US citizenship or permanent residency and seek refuge elsewhere, it is important to know that the United states is not the only high taxed country across the globe. Let\u2019s take a look at some of the highest taxed countries across the globe for taxation of personal income as opposed to corporate income (noting, that these tax rates are the highest tax rates in the country and that oftentimes the country will have a progressive tax rate so for taxpayers who earn smaller income they may have a lower percentage of tax). When it comes to taxes, the United States Tax System has two major flaws. The first flaw is that the United States taxes individuals on their worldwide income. Therefore, even if a Taxpayer resides outside of the United States and earns all of their income from foreign sources \u2013the United States is still be able to tax their income just as if they worked in the United States and earned US sourced income. Therefore, even if a Taxpayer resides outside of the United States and earns all of their income from foreign sources \u2013the United States is still be able to tax their income just as if they worked in the United States and earned US sourced income. The second flaw is the unnecessarily high tax rate.", + "page_result": "\n\n\n \n \n \n (New) 20 Countries with the Highest Tax Rates Worldwide 2023\n\n\n\r\n\t\t\r\n\t\t\r\n\t\t\r\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\t\t\n\t\t\n\n\t\n\n\n\n\n\n\t\t\t\n\t\t\t\n\n\t\t\t \n\t\t\t\t\n\n\n\n \n \n\n\n
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(New) 20 Countries with the Highest Tax Rates Worldwide 2023

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20 High Tax Rate Countries 2023 (Which Country Ranks #1)

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20 High Tax Rate Countries 2023

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When it comes to taxes, the United States Tax System has two major flaws. The first flaw is that the United States taxes individuals on their worldwide income. Therefore, even if a Taxpayer resides outside of the United States and earns all of their income from foreign sources –the United States is still be able to tax their income just as if they worked in the United States and earned US sourced income. The second flaw is the unnecessarily high tax rate. High income earners can end up paying nearly 41% tax and even more if they are self-employed and/or have state tax responsibilities (such as California, New York and New Jersey). But, before you decide to pursue your Plan B, give up your US citizenship or permanent residency and seek refuge elsewhere, it is important to know that the United states is not the only high taxed country across the globe. Rather, there are some countries that have even higher tax rates, so let’s take a look at 20 other high tax rate countries.

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Which Countries Have Highest Individual Tax Rates?

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Let’s take a look at some of the highest taxed countries across the globe for taxation of personal income as opposed to corporate income (noting, that these tax rates are the highest tax rates in the country and that oftentimes the country will have a progressive tax rate so for taxpayers who earn smaller income they may have a lower percentage of tax).

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These rates typically exclude self-employment and other related taxes.

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        Aruba: 52%

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        Australia: 45%

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        Austria: 50%

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        Belgium: 55%

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        Canada: 54%

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        China: 45%

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        Curacao: 46.5%

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        Denmark: 57%

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        Finland: 55%

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        Germany: 48%

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        Greece: 44%

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        Israel: 50%

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        Italy: 47%

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        Japan: 55%

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        Morocco: 38%

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        Netherlands: 49.50%

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        Norway: 47%

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        Slovenia: 50%

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        Spain: 54%

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        Sweden: 52%

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Golding & Golding: About Our International Tax Law Firm

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Golding & Golding\u00a0specializes exclusively in international tax, including offshore disclosure and expatriation.

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Contact our firm today\u00a0for assistance with getting compliant.

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Schedule a Confidential Reduced-Fee Initial Consultation with a Board-Certified Tax Attorney Specialist

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930 Roosevelt Avenue, Suite 321, Irvine, CA 92620

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\n \n \n\n\n\n\n\n\n\n\r\n", + "page_last_modified": " Tue, 12 Mar 2024 19:23:28 GMT" + }, + { + "page_name": "Is the U.S. the Highest Taxed Nation in the World? | Committee ...", + "page_url": "https://www.crfb.org/blogs/us-highest-taxed-nation-world", + "page_snippet": "As he accepted the Republican nomination for president, Donald Trump stated that \u201cAmerica is one of the highest-taxed countries in the world,\u201d while promoting hisAs he accepted the Republican nomination for president, Donald Trump stated that \u201cAmerica is one of the highest-taxed countries in the world,\u201d while promoting his tax cut proposal. There are multiple ways to measure levels of taxation, including government revenue as a share of the economy and the tax rates that individuals and businesses pay. If Trump was talking about the federal income tax rate that individuals pay, Americans still do not face the highest tax rate in the world. Again according to the OECD, the country with the highest national income tax rate is the Netherlands at 52 percent, more than 12 percentage points higher than the U.S. top federal individual income rate of 39.6 percent. As a share of the economy, the United States is nowhere close to the \u201chighest-taxed country in the world\u201d and does not raise nearly as much tax revenue as other developed countries, many of which are in Europe. According to the Organisation for Economic Co-operation and Development (OECD), total U.S. tax revenue amounted to 26 percent of GDP in 2014, with about one-third of that coming from state and local government taxes. In contrast, the OECD average was 34.4 percent of GDP and the highest rate was 50.9 percent in Denmark. If Trump was talking about the federal income tax rate that individuals pay, Americans still do not face the highest tax rate in the world. Again according to the OECD, the country with the highest national income tax rate is the Netherlands at 52 percent, more than 12 percentage points higher than the U.S. top federal individual income rate of 39.6 percent. However, if Trump was talking about marginal corporate tax rates, he would be closer to correct if he said that the U.S. has the highest top marginal corporate tax rate in the OECD countries, though in the entire world the United Arab Emirates and Chad still have higher tax rates.", + "page_result": "\n\n \n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n \n \n\n Is the U.S. the Highest Taxed Nation in the World?-2016-07-22\n\n \n\n \n\n\n \n\n\n \n \n \n \n \n \n \n \n \n Skip to main content\n\n \n
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Committee for a Responsible Federal Budget

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Is the U.S. the Highest Taxed Nation in the World?\n

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As he accepted the Republican nomination for president, Donald Trump stated that \u201cAmerica is one of the highest-taxed countries in the world,\u201d while promoting his tax cut proposal.

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There are multiple ways to measure levels of taxation, including government revenue as a share of the economy and the tax rates that individuals and businesses pay. As a share of the economy, the United States is nowhere close to the \u201chighest-taxed country in the world\u201d and does not raise nearly as much tax revenue as other developed countries, many of which are in Europe.  

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According to the Organisation for Economic Co-operation and Development (OECD), total U.S. tax revenue amounted to 26 percent of GDP in 2014, with about one-third of that coming from state and local government taxes. In contrast, the OECD average was 34.4 percent of GDP and the highest rate was 50.9 percent in Denmark.

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If Trump was talking about the federal income tax rate that individuals pay, Americans still do not face the highest tax rate in the world. Again according to the OECD, the country with the highest national income tax rate is the Netherlands at 52 percent, more than 12 percentage points higher than the U.S. top federal individual income rate of 39.6 percent.

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However, if Trump was talking about marginal corporate tax rates, he would be closer to correct if he said that the U.S. has the highest top marginal corporate tax rate in the OECD countries, though in the entire world the United Arab Emirates and Chad still have higher tax rates.

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According to the OECD, the U.S. corporate rate is 39 percent (including an average of state and local taxes), while the OECD's unweighted average is 25 percent. Those figures account for stated tax rates, before deductions and credits. Estimates of the effective rate after deductions and credits vary, but a report by the Congressional Research Service found the U.S. effective rate was lower than the OECD weighted average and a survey of estimates by the Tax Foundation did not identify any study that found the U.S. effective corporate rate to be the world's highest.

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Notwithstanding our high corporate tax rate, the U.S. is not close to being the highest-taxed country in the world.

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Our Rating: False

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\n\n \n\n \n\n\n\n \n\n", + "page_last_modified": " Tue, 12 Mar 2024 19:23:28 GMT" + }, + { + "page_name": "Is the U.S. the Highest Taxed Nation in the World? | Committee ...", + "page_url": "https://www.crfb.org/blogs/us-highest-taxed-nation-world", + "page_snippet": "As he accepted the Republican nomination for president, Donald Trump stated that \u201cAmerica is one of the highest-taxed countries in the world,\u201d while promoting hisAs he accepted the Republican nomination for president, Donald Trump stated that \u201cAmerica is one of the highest-taxed countries in the world,\u201d while promoting his tax cut proposal. There are multiple ways to measure levels of taxation, including government revenue as a share of the economy and the tax rates that individuals and businesses pay. If Trump was talking about the federal income tax rate that individuals pay, Americans still do not face the highest tax rate in the world. Again according to the OECD, the country with the highest national income tax rate is the Netherlands at 52 percent, more than 12 percentage points higher than the U.S. top federal individual income rate of 39.6 percent. As a share of the economy, the United States is nowhere close to the \u201chighest-taxed country in the world\u201d and does not raise nearly as much tax revenue as other developed countries, many of which are in Europe. According to the Organisation for Economic Co-operation and Development (OECD), total U.S. tax revenue amounted to 26 percent of GDP in 2014, with about one-third of that coming from state and local government taxes. In contrast, the OECD average was 34.4 percent of GDP and the highest rate was 50.9 percent in Denmark. If Trump was talking about the federal income tax rate that individuals pay, Americans still do not face the highest tax rate in the world. Again according to the OECD, the country with the highest national income tax rate is the Netherlands at 52 percent, more than 12 percentage points higher than the U.S. top federal individual income rate of 39.6 percent. However, if Trump was talking about marginal corporate tax rates, he would be closer to correct if he said that the U.S. has the highest top marginal corporate tax rate in the OECD countries, though in the entire world the United Arab Emirates and Chad still have higher tax rates.", + "page_result": "\n\n \n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n \n \n\n Is the U.S. the Highest Taxed Nation in the World?-2016-07-22\n\n \n\n \n\n\n \n\n\n \n \n \n \n \n \n \n \n \n Skip to main content\n\n \n
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Committee for a Responsible Federal Budget

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Is the U.S. the Highest Taxed Nation in the World?\n

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As he accepted the Republican nomination for president, Donald Trump stated that \u201cAmerica is one of the highest-taxed countries in the world,\u201d while promoting his tax cut proposal.

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There are multiple ways to measure levels of taxation, including government revenue as a share of the economy and the tax rates that individuals and businesses pay. As a share of the economy, the United States is nowhere close to the \u201chighest-taxed country in the world\u201d and does not raise nearly as much tax revenue as other developed countries, many of which are in Europe.  

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According to the Organisation for Economic Co-operation and Development (OECD), total U.S. tax revenue amounted to 26 percent of GDP in 2014, with about one-third of that coming from state and local government taxes. In contrast, the OECD average was 34.4 percent of GDP and the highest rate was 50.9 percent in Denmark.

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If Trump was talking about the federal income tax rate that individuals pay, Americans still do not face the highest tax rate in the world. Again according to the OECD, the country with the highest national income tax rate is the Netherlands at 52 percent, more than 12 percentage points higher than the U.S. top federal individual income rate of 39.6 percent.

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However, if Trump was talking about marginal corporate tax rates, he would be closer to correct if he said that the U.S. has the highest top marginal corporate tax rate in the OECD countries, though in the entire world the United Arab Emirates and Chad still have higher tax rates.

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According to the OECD, the U.S. corporate rate is 39 percent (including an average of state and local taxes), while the OECD's unweighted average is 25 percent. Those figures account for stated tax rates, before deductions and credits. Estimates of the effective rate after deductions and credits vary, but a report by the Congressional Research Service found the U.S. effective rate was lower than the OECD weighted average and a survey of estimates by the Tax Foundation did not identify any study that found the U.S. effective corporate rate to be the world's highest.

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Notwithstanding our high corporate tax rate, the U.S. is not close to being the highest-taxed country in the world.

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Our Rating: False

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\n\n \n\n \n\n\n\n \n\n", + "page_last_modified": " Tue, 12 Mar 2024 19:23:28 GMT" + }, + { + "page_name": "(New) 20 Countries with the Highest Tax Rates Worldwide 2023", + "page_url": "https://www.expatriationattorneys.com/20-high-tax-rate-countries/", + "page_snippet": "(New) 20 Countries with the Highest Tax Rates Worldwide 2023. Learn About 20 High Tax Rate Countries 2023 (Which Country Ranks #1).High income earners can end up paying nearly 41% tax and even more if they are self-employed and/or have state tax responsibilities (such as California, New York and New Jersey). But, before you decide to pursue your Plan B, give up your US citizenship or permanent residency and seek refuge elsewhere, it is important to know that the United states is not the only high taxed country across the globe. Let\u2019s take a look at some of the highest taxed countries across the globe for taxation of personal income as opposed to corporate income (noting, that these tax rates are the highest tax rates in the country and that oftentimes the country will have a progressive tax rate so for taxpayers who earn smaller income they may have a lower percentage of tax). When it comes to taxes, the United States Tax System has two major flaws. The first flaw is that the United States taxes individuals on their worldwide income. Therefore, even if a Taxpayer resides outside of the United States and earns all of their income from foreign sources \u2013the United States is still be able to tax their income just as if they worked in the United States and earned US sourced income. Therefore, even if a Taxpayer resides outside of the United States and earns all of their income from foreign sources \u2013the United States is still be able to tax their income just as if they worked in the United States and earned US sourced income. The second flaw is the unnecessarily high tax rate.", + "page_result": "\n\n\n \n \n \n (New) 20 Countries with the Highest Tax Rates Worldwide 2023\n\n\n\r\n\t\t\r\n\t\t\r\n\t\t\r\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\t\t\n\t\t\n\n\t\n\n\n\n\n\n\t\t\t\n\t\t\t\n\n\t\t\t \n\t\t\t\t\n\n\n\n \n \n\n\n
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(New) 20 Countries with the Highest Tax Rates Worldwide 2023

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20 High Tax Rate Countries 2023 (Which Country Ranks #1)

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20 High Tax Rate Countries 2023

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When it comes to taxes, the United States Tax System has two major flaws. The first flaw is that the United States taxes individuals on their worldwide income. Therefore, even if a Taxpayer resides outside of the United States and earns all of their income from foreign sources –the United States is still be able to tax their income just as if they worked in the United States and earned US sourced income. The second flaw is the unnecessarily high tax rate. High income earners can end up paying nearly 41% tax and even more if they are self-employed and/or have state tax responsibilities (such as California, New York and New Jersey). But, before you decide to pursue your Plan B, give up your US citizenship or permanent residency and seek refuge elsewhere, it is important to know that the United states is not the only high taxed country across the globe. Rather, there are some countries that have even higher tax rates, so let’s take a look at 20 other high tax rate countries.

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Which Countries Have Highest Individual Tax Rates?

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Let’s take a look at some of the highest taxed countries across the globe for taxation of personal income as opposed to corporate income (noting, that these tax rates are the highest tax rates in the country and that oftentimes the country will have a progressive tax rate so for taxpayers who earn smaller income they may have a lower percentage of tax).

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These rates typically exclude self-employment and other related taxes.

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        Aruba: 52%

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        Australia: 45%

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        Austria: 50%

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        Belgium: 55%

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        Canada: 54%

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        China: 45%

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        Curacao: 46.5%

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        Denmark: 57%

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        Finland: 55%

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        Germany: 48%

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        Greece: 44%

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        Israel: 50%

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        Italy: 47%

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        Japan: 55%

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        Morocco: 38%

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        Netherlands: 49.50%

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        Norway: 47%

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        Slovenia: 50%

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        Spain: 54%

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        Sweden: 52%

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Golding & Golding: About Our International Tax Law Firm

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Golding & Golding\u00a0specializes exclusively in international tax, including offshore disclosure and expatriation.

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Contact our firm today\u00a0for assistance with getting compliant.

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