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How much personal tax do people in OECD countries pay?

All of the top ten tax wages at more than 30%

Adrija Shukla  |  New Delhi 

In 2016, the average personal tax rate across all OECD countries was 25.5% but those rates varied greatly among the member states. To some workers, paying a quarter of your gross income in taxes may seem like burdensome imposition; others would have signed up immediately for such a light-touch tax collection, according to the latest report of the OECD. At 40.7%, Belgium has the highest personal tax rate of any OECD country. That is almost seven times as much as the lowest rate, 7%, in Chile. The US is almost perfectly in the middle between both, with 26%. All of the top ten tax ...

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First Published: Fri, May 19 2017. 00:59 IST
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