Benchmarking USA against all countries
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)
Visualize
Peers
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.
References
- 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.