Capital Gains Rate By Country, 2011 (OECD)

Capital Gains Taxation by Country (OECD)

Top long-term capital gains tax rate (2011)*

Integrated capital gains tax rate (2011)**

Italy

44.5

59.8

Denmark

42

56.5

France

31.3

54.9

United States

19.1

50.8

Sweden

30

48.4

Norway

28

48.2

Germany

25

47.7

Finland

28

46.7

United Kingdom

28

46.7

Australia

22.5

45.8

Japan

10

45.6

Spain

21

44.7

Canada

22.54

43.9

OECD Avg (non-US)

17.8

41.7

Israel

20

39.2

Estonia

21

37.6

Iceland

20

36

Ireland

25

34.4

Poland

19

34.4

Slovak Republic

19

34.4

Belgium

0

34

Chile

20

33.6

Hungary

16

32

Mexico

0

30

Luxembourg

0

28.6

New Zealand

0

28

Portugal

0

26.5

Austria

0

25

Netherlands

0

25

Korea

0

24.2

Switzerland

0

21.2

Greece

0

20

Slovenia

0

20

Turkey

0

20

Czech Republic

0

19

* Combined national and sub-national rate.

** Capital gains rate plus the corporate income tax rate.

Source: Robert Carroll and Gerald Prante, “Corporate Dividend and Capital Gains Taxation: A comparison of the United States to other developed nations”, Ernst & Young, February 2012.