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Countries With The Highest Taxes

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Countries With The Highest Taxes

Here are the top five countries with the highest tax rates (as a percentage of GDP*), along with some details on why the taxes in these countries are the highest in the developed world.

*GDP or Gross Domestic Product is the monetary value of all finished goods and services produced within a country over a specific time period, and it helps give a sense of the health of a country's economy.

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Source: Investopedia.com

By: Tim Begany

Oct 5, 2011

Countries with the highest taxes

Which countries pay the highest taxes in the developed world?

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