10 Countries With The Highest Tax Rates In The World

Page 6 of 11

6. France

Combined personal, corporate, VAT, GST and sales tax average: 38.12%

Second largest European country by land size (not counting Russia) rates third overall in Europe by nominal GDP rates. 66 million people earn France the third largest European country by population title as well, but only if, yet again, Russia doesn’t count. French companies have to pay between 33.3 and 50 percent in taxes while personal income tax ranges between 45.8 and 59.6 percents. With VAT a nice, round 20% figure, overall average taxes in France are 38.12 percents.

paris, eiffel, tower, summer, view, river, tree, travel, sun, sunset, scene, water, landmark, tourism, france, seine, sunrise, european, urban, symbol,

beboy/Shutterstock.com

Page 6 of 11