Middle income - Taxes on income

Taxes on income, profits and capital gains (% of revenue)

Taxes on income, profits and capital gains (% of revenue) in Middle income was 24.80 as of 2019. Its highest value over the past 21 years was 24.80 in 2019, while its lowest value was 18.22 in 2005.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
1998 18.98
1999 19.33
2002 18.47
2003 19.57
2004 19.20
2005 18.22
2006 19.84
2007 18.37
2008 20.05
2009 20.50
2010 22.29
2011 22.50
2012 22.18
2013 24.03
2014 23.72
2015 23.95
2016 23.86
2017 23.64
2018 24.45
2019 24.80

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance