Table 1: Top Capital Gains TaxA capital gains tax is levied on the profit made from selling an asset and is often in addition to corporate income taxes, frequently resulting in double taxation. These taxes create a bias against saving, leading to a lower level of national income by encouraging present consumption over investment. Rate, OECD, 2011-2014
Top Personal TaxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities. on Capital Gains by OECD Country, 2011 – 2014
| Top Capital gains Tax Rate, OECD, 2011 – 2014 | ||||
| Country | 2011 | 2012 | 2013 | 2014 |
| Australia | 22.5% | 22.50% | 22.50% | 22.50% |
| Austria | 0.0% | 25.00% | 25.00% | 25.00% |
| Belgium | 0.0% | 0.00% | 0.00% | 0.00% |
| Canada | 22.54% | 22.50% | 22.50% | 22.50% |
| Chile | 20.0% | 18.50% | 18.50% | 20.00% |
| Czech Republic | 0.0% | 0.00% | 0.00% | 0.00% |
| Denmark | 42.0% | 42.00% | 42.00% | 42.00% |
| Estonia | 21.0% | 21.00% | 21.00% | 21.00% |
| Finland | 28.0% | 32.00% | 32.00% | 32.00% |
| France | 31.3% | 32.50% | 32.50% | 38.00% |
| Germany | 25.0% | 25.00% | 25.00% | 25.00% |
| Greece | 0.0% | 0.00% | 0.00% | 15.00% |
| Hungary | 16.0% | 16.00% | 16.00% | 16.00% |
| Iceland | 20.0% | 20.00% | 20.00% | 20.00% |
| Ireland | 25.0% | 30.00% | 30.00% | 33.00% |
| Israel | 20.0% | 25.00% | 25.00% | 25.00% |
| Italy | 44.5% | 20.00% | 20.00% | 20.00% |
| Japan | 10.0% | 10.00% | 10.00% | 20.00% |
| Korea | 0.0% | 0.00% | 0.00% | 0.00% |
| Luxembourg | 0.0% | 0.00% | 0.00% | 0.00% |
| Mexico | 0.0% | 0.00% | 0.00% | 10.00% |
| Netherlands | 0.0% | 0.00% | 0.00% | 0.00% |
| New Zealand | 0.0% | 0.00% | 0.00% | 0.00% |
| Norway | 28.0% | 28.00% | 28.00% | 27.00% |
| Poland | 19.0% | 19.00% | 19.00% | 19.00% |
| Portugal | 0.0% | 25.00% | 25.00% | 28.00% |
| Slovak Republic | 19.0% | 19.00% | 19.00% | 25.00% |
| Slovenia | 0.0% | 0.00% | 0.00% | 0.00% |
| Spain | 21.0% | 27.00% | 27.00% | 27.00% |
| Sweden | 30.0% | 30.00% | 30.00% | 30.00% |
| Switzerland | 0.0% | 0.00% | 0.00% | 0.00% |
| Turkey | 0.0% | 0.00% | 0.00% | 0.00% |
| United Kingdom | 28.0% | 28.00% | 28.00% | 28.00% |
| United States | 19.1% | 19.00% | 27.90% | 28.70% |
Source: Ernst and Young, Deloitte Tax Foundation
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