Canada vs Cyprus: Paying taxes: Profit tax
Canada
8.0%
in 2019
Cyprus
8.3%
in 2019
Canada rank
155th
Cyprus rank
152nd
Paying taxes: Profit tax over time
- Canada
- Cyprus
How they compare
Cyprus currently reports 8.3% against 8.0% in Canada, a difference of 0.3%.
The two have swapped places 1 time across 12 shared years of data; in 2008 it was Canada ahead.
Canada ranks 155th and Cyprus ranks 152nd of 190 countries.
Across the 2 decades both report, Canada averaged higher in 1 and Cyprus in 1.
Head to head by decade
| Decade | Canada | Cyprus | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 24.0% | 7.8% | 16.2% | Canada |
| 2010s | 3.8% | 9.0% | 5.2% | Cyprus |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher paying taxes: profit tax, Canada or Cyprus?
- Cyprus, at 8.3% against 8.0% in Canada as of 2019.
- What is the difference in paying taxes: profit tax between Canada and Cyprus?
- 0.3%, with Cyprus ahead.
- How many years of comparable data are there for Canada and Cyprus?
- 12 years are reported by both, from 2008 to 2019.
- How do Canada and Cyprus rank globally for paying taxes: profit tax?
- Canada ranks 155th and Cyprus ranks 152nd of 190 countries.
- Where does this data come from?
- The World Bank, published as Paying taxes: Profit tax (% of profits). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The profit tax measures the amount of income taxes borne by the business in the second year of operation, expressed as a share of commercial pro?t.