CORPORATE TAX RATES IN G20 ECONOMIES, 2016

In 2016, US corporate tax rates were around 30 to 35 percent in major advanced economies (France, Japan, Germany), except for the UK (19 percent). At 39 percent, the current US rate is the highest among all G20 economies, including India and Brazil (35-34 percent) as well as China and Russia (25-20 percent). (See table.)

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