National Tax Systems » Benchmarking Engine
Benchmarking USA against
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USA has the lowest corporate income tax productivity (0.07) of the 15 nations with at least $40,229 of GDP per capita (USA is at $48,328). That 0.07 compares to an average of 0.29 and standard deviation of 0.25 across those 15 nations.
Reaching the average of 0.29 would imply an extra 7.70% (absolute) in corporate income tax collection as a percentage of GDP.
Note: corporate income tax productivity =
corporate income tax collection as a percentage of GDP ÷ corporate income tax rate
USA has these standings among those 15 nations:
Reaching the average of 0.29 would imply an extra 7.70% (absolute) in corporate income tax collection as a percentage of GDP.
Note: corporate income tax productivity =
corporate income tax collection as a percentage of GDP ÷ corporate income tax rate
USA has these standings among those 15 nations:
- corporate income tax productivity = 0.07 (the lowest)
- change over 3 years in corporate income tax productivity = +130.0% (2nd-highest)
- corporate income tax collection as a percentage of GDP = 2.60% (4th-lowest)
- corporate income tax rate = 35.0% (the highest)
trailed Austria (0.09), Netherlands (0.13), Sweden (0.13), and Australia (0.16), and others, ending with Qatar (0.99).
1 out of the other 14 nations was ruled out due to missing, unknown, or not-applicable values for corporate income tax productivity, i.e., United Arab Emirates.
- corporate income tax productivity. Higher values are better. Data comes from the USAID Collecting Taxes database (http://catalog.data.gov/dataset/collecting-taxes-database). We use the published dataset from 2012-2013. Changes over time are with respect to the dataset from 2009-2010.
- GDP per capita. Data comes from the USAID Collecting Taxes database (http://catalog.data.gov/dataset/collecting-taxes-database). We use the published dataset from 2012-2013. Changes over time are with respect to the dataset from 2009-2010.
USA is in United States and Canada, has a high-income economy, is in the worldwide top 20 in GDP per capita, has a large-taxpayer unit within tax administration, has a semi-autonomous revenue agency, improved or maxed out on all tax-productivity measures (3 of these; each nation needs at least 2 with actual values to qualify), and is better than the worldwide averages in each of personal income tax productivity, active taxpayers per tax administrator, and tax collection overhead.
Global References
Numeric values:
- GDP per capita ($48,328)
- dollar change over 3 years in GDP per capita (+$935)
- change over 3 years in corporate income tax collection as a percentage of GDP (+189.0%)
- change over 3 years in corporate income tax productivity (+130.0%)
- change over 3 years in personal income tax productivity (+100%)
- change over 3 years in personal income tax collection as a percentage of GDP (+97.00%)
- private consumption as a percentage of GDP (71.6%)
- change over 3 years in tax collection overhead (+38.0%)
- corporate income tax rate (35.0%)
- maximum tax rate on personal income (35.0%)
- change over 3 years in active taxpayers per tax administrator (+30.0%)
- labor taxation as a percentage of gross salary (19.15%)
- total tax revenues (domestic and customs) as a percentage of GDP (18.40%)
- imports as a percentage of GDP (17.8%)
- social security tax as a percentage of gross salary (17.35%)
- personal income tax collection as a percentage of GDP (11.80%)
- minimum non-zero personal income tax rate (10.0%)
- change over 3 years in total tax revenues (domestic and customs) as a percentage of GDP (+8.20%)
- change over 3 years in social security tax as a percentage of gross salary (+7.50%)
- change over 3 years in imports as a percentage of GDP (+3.5%)
- corporate income tax collection as a percentage of GDP (2.60%)
- change over 3 years in GDP per capita (+2.0%)
- agriculture sector as a percentage of GDP (1.2%)
- change over 3 years in private consumption as a percentage of GDP (+0.9%)
- tax collection overhead (0.62%)
- change over 3 years in corporate income tax rate (0.0%)
- change over 3 years in minimum non-zero personal income tax rate (0.0%)
- change over 3 years in maximum tax rate on personal income (0.0%)
- change over 3 years in agriculture sector as a percentage of GDP (-7.7%)
- change over 3 years in labor taxation as a percentage of gross salary (-21.00%)
- change over 3 years in tax administrators per 1,000 inhabitants (-21.0%)
- active taxpayers per tax administrator (3,078)
- corporate income tax productivity (0.07)
- personal income tax productivity (0.34)
- income level at which the lowest non-zero marginal personal income tax rate is imposed (0.18 times per-capita GDP)
- income level at which the top marginal personal income tax rate is imposed (8.04 times per-capita GDP)
- tax administrators per 1,000 inhabitants (0.26)
Global References