5 Countries That Have The Highest Taxes On High Incomes

1. Finland

Top income tax rate: 56.95%

In Finland, residents are taxed on their worldwide income, while non-residents are taxed only on their Finnish-source income. There is a public broadcasting tax of 2.5% on income exceeding $15,690.

Non-resident individuals are subject to various tax rates, including 35% on employment income and 30% on dividends, interest, and royalties. The foreign expert tax regime provides a flat 32% rate for eligible foreign employees. Non-residents can choose between fixed tax at source or progressive taxation. Artists and sportspeople face a 15% tax on their earnings. Rental income is taxed at rates of 30% or 34%.

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