Forecast for List of Countries by Corporate Tax Rate | 2016-2020

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 2017 2018 2019 2020
United States 38.90 Dec/16   32 30 28 26
Euro area 24.30 Dec/16 24.3 24.3 24.3 24.3
China 25.00 Dec/17 25 25 25 25
Japan 30.86 Dec/16 30.86 30 30 28
Germany 29.72 Dec/16 29.72 29.72 29.72 29.72
United Kingdom 19.00 Dec/17 19 19 18 17
France 33.30 Dec/17 33.3 33.3 33.3 33.3
India 34.61 Dec/16   34 34 33 33
Italy 27.90 Jan/17 27.9 27.9 27.9 27.9
Brazil 34.00 Dec/17 34 34 34 34
Canada 26.50 Dec/16   25.68 24.8 23.95 23.31
South Korea 24.20 Dec/16 24.2 24.2 24.2 24.2
Australia 30.00 Dec/16 30 30 27.5 27.5
Russia 20.00 Dec/17 20 20 20 20
Spain 25.00 Dec/17 25 25 25 25
Mexico 30.00 Dec/17 30 26 25 22
Indonesia 25.00 Dec/16   25.82 26.15 26.45 26.72
Last 2017 2018 2019 2020
Afghanistan 20.00 Dec/16 20 20 20 20
Albania 15.00 Dec/17 15 14.89 14.89 14.87
Algeria 26.00 Dec/16   23.22 23.55 23.51 23.51
Angola 30.00 Dec/16 30 30 30 30
Argentina 35.00 Dec/16 35 35 35 35
Armenia 20.00 Dec/16 20 20 20 20
Aruba 25.00 Dec/16 25 25 25 25
Australia 30.00 Dec/16 30 30 27.5 27.5
Austria 25.00 Dec/17 25 25 25 25
Azerbaijan 20.00 Dec/16   19.8 19.95 19.8 19.79
Bahamas 0.00 Dec/16 0 0 0 0
Bahrain 0.00 Dec/16 0 0 0 0
Bangladesh 25.00 Dec/16 25 25 25 25
Barbados 25.00 Dec/16 25 25 25 25
Belarus 18.00 Dec/17 18 18 18 18
Belgium 34.00 Dec/17 34 34 34 34
Bermuda 0.00 Dec/16 0 0 0 0
Bolivia 25.00 Dec/16 25 25 25 25
Bosnia and Herzegovina 10.00 Dec/17 10 10 10 10
Botswana 22.00 Dec/16 22 22 22 22
Brazil 34.00 Dec/17 34 34 34 34
Brunei 18.50 Dec/16 18.5 18.5 18.5 18.5
Bulgaria 10.00 Dec/17   10.19 10.14 10.25 10.39
Cambodia 20.00 Dec/16 20 20 20 20
Cameroon 33.00 Dec/16 33 33 33 33
Canada 26.50 Dec/16   25.68 24.8 23.95 23.31
Cayman Islands 0.00 Dec/16 0 0 0 0
Chad 35.00 Dec/16 35 35 35 35
Chile 24.00 Dec/16   24.1 24.02 24.08 24.04
China 25.00 Dec/17 25 25 25 25
Colombia 25.00 Dec/16   25.82 25.48 25.63 25.56
Congo 35.00 Dec/16 35 35 35 35
Costa Rica 30.00 Dec/16 30 30 30 30
Croatia 18.00 Jan/17   20 18 18 18
Cyprus 12.50 Dec/17   12.43 12.54 12.51 12.55
Czech Republic 19.00 Dec/17   18.96 18.98 18.98 18.97
Denmark 22.00 Dec/17   21.7 21.78 22 22.36
Dominican Republic 27.00 Dec/16   27.61 28.16 28.29 27.94
Ecuador 22.00 Dec/16   22.95 23.04 22.63 22.71
Egypt 22.50 Dec/16 22.5 22.5 22.5 22.5
El Salvador 30.00 Dec/16 30 30 30 30
Equatorial Guinea 35.00 Dec/16 35 35 35 35
Estonia 20.00 Dec/17   19.82 19.87 20.08 20.09
Ethiopia 30.00 Dec/16 30 30 30 30
Euro area 24.30 Dec/16 24.3 24.3 24.3 24.3
European Union 22.50 Dec/16   22.19 21.92 21.62 21.37
Fiji 20.00 Dec/16 20 20 20 20
Finland 20.00 Dec/17   19.6 19.57 19.57 19.53
France 33.30 Dec/17 33.3 33.3 33.3 33.3
Gabon 35.00 Dec/16 35 35 35 35
Georgia 15.00 Dec/16 15 15 15 15
Germany 29.72 Dec/16 29.72 29.72 29.72 29.72
Ghana 25.00 Dec/16 25 25 25 25
Greece 29.00 Dec/17 29 29 29 29
Guam 35.00 Dec/16 35 35 35 35
Guatemala 25.00 Dec/16   25.53 27.32 27.41 27.55
Guinea 35.00 Dec/16 35 35 35 35
Honduras 30.00 Dec/16   31.29 30.95 30.93 30.62
Hong Kong 16.50 Dec/16   16.57 16.62 16.66 16.68
Hungary 9.00 Jan/17   18.99 7.07 7.17 7.91
Iceland 20.00 Dec/17   19.99 20 20 20
India 34.61 Dec/16   34 34 33 33
Indonesia 25.00 Dec/16   25.82 26.15 26.45 26.72
Iraq 15.00 Dec/16 15 15 15 15
Ireland 12.50 Dec/17 12.5 12.5 12.5 12.5
Isle of Man 0.00 Dec/16 0 0 0 0
Israel 25.00 Dec/16   23.14 20 18.1 16.13
Italy 27.90 Jan/17 27.9 27.9 27.9 27.9
Ivory Coast 25.00 Dec/16 25 25 25 25
Jamaica 25.00 Dec/16 25 25 25 25
Japan 30.86 Dec/16 30.86 30 30 28
Jordan 20.00 Dec/16 20 20 20 20
Kazakhstan 20.00 Dec/16 20 20 20 20
Kenya 30.00 Dec/16 30 30 30 30
Kosovo 10.00 Dec/17 10 10 10 10
Kuwait 15.00 Dec/16 15 15 15 15
Laos 24.00 Dec/16   28.06 32.52 34.17 35.68
Latvia 15.00 Dec/17 15 15 15 15
Lebanon 15.00 Dec/16 15 15 15 15
Lesotho 25.00 Dec/16 25 25 25 25
Libya 20.00 Dec/16 20 20 20 20
Liechtenstein 12.50 Dec/17 12.5 12.5 12.5 12.5
Lithuania 15.00 Dec/17   15.5 15.5 15.49 15.47
Luxembourg 29.22 Dec/16   29.34 29.37 29.38 29.38
Macau 12.00 Dec/16 12 12 12 12
Macedonia 10.00 Dec/17   9.99 10 10 10
Madagascar 20.00 Dec/16   19.87 19.93 19.86 19.86
Malawi 30.00 Dec/16 30 30 30 30
Malaysia 24.00 Dec/16 24 24 24 24
Maldives 0.00 Dec/16 0 0 0 0
Malta 35.00 Dec/17 35 35 35 35
Mauritania 25.00 Dec/16 25 25 25 25
Mauritius 15.00 Dec/16 15 15 15 15
Mexico 30.00 Dec/17 30 26 25 22
Moldova 12.00 Dec/17   17.86 15.99 17.3 17.18
Mongolia 25.00 Dec/16 25 25 25 25
Montenegro 9.00 Dec/17 9 9 9 9
Morocco 31.00 Dec/16 31 31 31 31
Mozambique 32.00 Dec/16 32 32 32 32
Myanmar 25.00 Dec/16 25 25 25 25
Namibia 32.00 Dec/16 32 32 32 32
Netherlands 25.00 Dec/17   25.12 24.9 24.95 24.91
New Zealand 28.00 Dec/17 28 28 28 28
Nicaragua 30.00 Dec/16 30 30 30 30
Nigeria 30.00 Dec/16 30 30 30 30
Norway 24.00 Dec/17   24.99 23.98 23.98 23.98
Oman 15.00 Feb/17 15 15 15 15
Pakistan 32.00 Dec/16 32 32 32 32
Panama 25.00 Dec/16   24.34 23.69 23.11 22.61
Papua New Guinea 30.00 Dec/16 30 30 30 30
Paraguay 10.00 Dec/16   9.76 9.76 9.76 9.76
Peru 28.00 Dec/16   28.75 29.48 29.84 29.84
Philippines 30.00 Dec/16 30 30 30 30
Poland 19.00 Dec/17 19 19 19 19
Portugal 21.00 Dec/17 21 21 21 21
Puerto Rico 39.00 Dec/16 39 39 39 39
Qatar 10.00 Dec/16 10 10 10 10
Republic of the Congo 30.00 Dec/16   29.24 28.58 27.99 27.48
Romania 16.00 Dec/17 16 16 16 16
Russia 20.00 Dec/17 20 20 20 20
Rwanda 30.00 Dec/16 30 30 30 30
Samoa 27.00 Dec/16 27 27 27 27
Saudi Arabia 20.00 Dec/16 20 20 20 20
Senegal 30.00 Dec/16 30 29.94 29.94 29.93
Serbia 15.00 Dec/17   14.99 15 15 15
Seychelles 33.00 Dec/16 33 33 33 33
Sierra Leone 30.00 Dec/16 30 30 30 30
Singapore 17.00 Dec/16 17 17 19 19
Slovakia 21.00 Jan/17   22.72 21.07 20.82 20.85
Slovenia 17.00 Dec/17   19 19 19 19
South Africa 28.00 Dec/16   30.51 28.79 30.11 29.16
South Korea 24.20 Dec/16 24.2 24.2 24.2 24.2
Spain 25.00 Dec/17 25 25 25 25
Sri Lanka 15.00 Dec/16   18.72 18.07 19.81 20.57
Sudan 20.00 Dec/16   20.71 20.66 27.67 32.41
Suriname 36.00 Dec/16 36 36 36 36
Swaziland 27.50 Dec/16 27.5 27.5 27.5 27.5
Sweden 22.00 Dec/17   22.36 21.72 21.84 21.79
Switzerland 17.92 Dec/15   18.22 18.9 19.39 19.89
Syria 22.00 Dec/15 22 22 22 22
Taiwan 17.00 Dec/16 17 17 17 17
Tanzania 30.00 Dec/16 30 30 30 30
Thailand 20.00 Dec/16   20.03 20.04 20.04 20.04
Trinidad And Tobago 25.00 Dec/16 25 25 25 25
Tunisia 25.00 Dec/16 25 25.07 25.07 25.06
Turkey 20.00 Dec/17 20 20 20 20
Uganda 30.00 Dec/16 30 30 30 30
Ukraine 18.00 Dec/17   17.99 17.99 17.99 17.99
United Arab Emirates 55.00 Dec/16 55 55 55 55
United Kingdom 19.00 Dec/17 19 19 18 17
United States 38.90 Dec/16   32 30 28 26
Uruguay 25.00 Dec/16   24.99 24.99 24.99 24.99
Uzbekistan 7.50 Dec/16   7.24 7.07 6.97 6.9
Vanuatu 0.00 Dec/16 0 0 0 0
Venezuela 34.00 Dec/16 34 34 34 34
Vietnam 20.00 Dec/17 20 20 20 20
Yemen 20.00 Dec/16 20 20 20 20
Zambia 35.00 Dec/16 35 35 35 35
Zimbabwe 25.75 Dec/16 25.75 25.75 25.75 25.75