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2024 corporate tax rates by country and around the world whre does the us rank on corporate taxes is us corporate tax high

Corporate Tax Rates Around the World, 2024

The worldwide average statutory corporate tax rate has consistently decreased since 1980 but has leveled off in recent years. In the US, the 2017 Tax Cuts and Jobs Act brought the country’s statutory corporate income tax rate from the fourth highest in the world closer to the middle of the distribution.

18 min read
Africa tax revenue, revenue statistics in Africa, VAT is the most important tax revenue source in Africa

OECD Report: Tax Revenue in African Countries

Taxes on goods and services were on average the greatest source of tax revenue for African countries, at over 50 percent of total tax revenues. VAT contributed on average 30 percent, making it the most important tax on goods and services.

6 min read