Wednesday, November 30, 2005

International comparison of corporate income taxes

US Congressional Budget Office (CBO) released the following paper Corporate Income Tax Rates: International Comparisons. According to the CBO, corporate income taxes are a major source of revenues in other countries. For example, for OECD members corporate income tax revenues in 2002 averaged 3.4% GDP. The analysis compares statutory and marginal corporate income tax rates between 1982 and 2003 across a broad range of countries. The paper includes an international comparison of corporate income taxes , thaking into account several differences among countries.


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