Top Marginal Tax Rate on Capital Gains In OECD Countries 2015

Many years ago I wrote an article comparing tax rates on capital gains across countries. In this post, let us take a look at the Top Marginal Tax Rate on Capital Gains In OECD Countries for 2015.

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US Capital Gain Tax Rate 2015

The US has the sixth highest rate among OECD countries. The US rate is 10% higher than the OECD average of 18.4%.

The table below shows the Top Marginal Tax Rate on Capital Gains in OECD countries for 2105:

Top Marginal Tax Rate on Capital Gains, by OECD Country, 2015  
RankCountryRate
1Denmark42.00%
2France34.40%
3Finland33.00%
3Ireland33.00%
5Sweden   30.00%
6United States28.60%
7Portugal28.00%
7United Kingdom28.00%
9Norway27.00%
9Spain27.00%
11Italy26.00%
12Austria25.00%
12Germany25.00%
12Israel25.00%
12Slovak Republic25.00%
16Australia24.50%
18Canada22.60%
19Estonia21.00%
20Japan20.30%
21Chile20.00%
21Iceland20.00%
23Poland19.00%
25Hungary16.00%
26Greece15.00%
27Mexico10.00%
28Belgium0.00%
28Czech Republic0.00%
28Korea0.00%
28Luxembourg0.00%
28Netherlands0.00%
28New Zealand0.00%
28Slovenia0.00%
28Switzerland0.00%
28Turkey0.00%
OECD Simple Average18.40%
OECD Weighted Average23.20%

Data Source: Ernst and Young and Deloitte Tax Foundation Calculations.

Canada has a lower rate than the U.S.

Source: U.S. Taxpayers Face the 6th Highest Top Marginal Capital Gains Tax Rate in the OECD, Tax Foundation

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