China vs Micronesia, Federated States of: Paying taxes: Total tax and contribution rate
Paying taxes: Total tax and contribution rate over time
- China
- Micronesia, Federated States of
How they compare
Micronesia, Federated States of currently reports 60.5% against 59.2% in China, a difference of 1.3%.
The two have swapped places 1 time across 15 shared years of data; in 2005 it was China ahead.
China ranks 23rd and Micronesia, Federated States of ranks 22nd of 190 countries.
China has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | China | Micronesia, Federated States of | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 82.9% | 59.1% | 23.8% | China |
| 2010s | 66.3% | 60.1% | 6.3% | China |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher paying taxes: total tax and contribution rate, China or Micronesia, Federated States of?
- Micronesia, Federated States of, at 60.5% against 59.2% in China as of 2019.
- What is the difference in paying taxes: total tax and contribution rate between China and Micronesia, Federated States of?
- 1.3%, with Micronesia, Federated States of ahead.
- How many years of comparable data are there for China and Micronesia, Federated States of?
- 15 years are reported by both, from 2005 to 2019.
- How do China and Micronesia, Federated States of rank globally for paying taxes: total tax and contribution rate?
- China ranks 23rd and Micronesia, Federated States of ranks 22nd of 190 countries.
- Where does this data come from?
- The World Bank, published as Paying taxes: Total tax and contribution rate (% of profit). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
The total tax and contribution rate measures the amount of taxes and mandatory contributions borne by the business in the second year of operation, expressed as a share of commercial pro?t. The total amount of taxes and contributions borne is the sum of all the different taxes and contributions payable after accounting for allowable deductions and exemptions. The taxes withheld (such as personal income tax) or collected by the company and remitted to the tax authorities (such as VAT, sales tax or goods and service tax) but not borne by the company are excluded.