Paying taxes: Profit tax in Taiwan, China
Taiwan, China: Paying taxes: Profit tax was 14.7% in 2019. ▼ Falling
Paying taxes: Profit tax in Taiwan, China, 2005–2019
Source: World Bank. Measured in % of profits.
Analysis
In 2019, paying taxes: profit tax in Taiwan, China stood at 14.7%.
The figure is up 17.6% on the previous year and down 31.3% over ten years.
Over the whole period, paying taxes: profit tax in Taiwan, China peaked at 21.5% in 2005 and was at its lowest, 12.5%, in 2017.
That places Taiwan, China 104th out of 190 countries with data for 2019, putting it in the middle of the range.
The long-run direction has been consistently falling across the 15 years of available data.
Paying taxes: Profit tax in Taiwan, China, year by year
| Year | % of profits | Change |
|---|---|---|
| 2005 | 21.5% | — |
| 2006 | 21.5% | +0.0% |
| 2007 | 21.3% | -0.9% |
| 2008 | 21.4% | +0.5% |
| 2009 | 21.4% | +0.0% |
| 2010 | 21.1% | -1.4% |
| 2011 | 13.7% | -35.1% |
| 2012 | 12.6% | -8.0% |
| 2013 | 12.7% | +0.8% |
| 2014 | 12.7% | +0.0% |
| 2015 | 12.7% | +0.0% |
| 2016 | 12.7% | +0.0% |
| 2017 | 12.5% | -1.6% |
| 2018 | 12.5% | +0.0% |
| 2019 | 14.7% | +17.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.4% | 21.3% | 21.5% | 5 |
| 2010s | 13.8% | 12.5% | 21.1% | 10 |
Countries ranked near Taiwan, China
More reference data data for Taiwan, China
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure left on 360.08 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 1.84 (2050)
- Emission Totals - Emissions (N2O) - Agricultural Soils 7.6 (2050)
- Emission Totals - Emissions (CH4) - IPCC Agriculture 111.86 (2050)
- Emission Totals - Emissions (CH4) - Manure Management 46.04 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - IPCC Agriculture 2,323 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure applied 400.4 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure Management 306.1 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Agricultural 2,013 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.2515 (2050)
Frequently asked questions
- What is paying taxes: profit tax in Taiwan, China?
- Paying taxes: profit tax in Taiwan, China was 14.7% in 2019, according to the World Bank.
- What is the highest paying taxes: profit tax recorded in Taiwan, China?
- The highest recorded value was 21.5% in 2005.
- What is the lowest paying taxes: profit tax recorded in Taiwan, China?
- The lowest recorded value was 12.5% in 2017.
- How does Taiwan, China rank for paying taxes: profit tax?
- Taiwan, China ranks 104th out of 190 countries with data for 2019.
- Is paying taxes: profit tax rising or falling in Taiwan, China?
- Over the last ten years it is down 31.3%. The long-run trend across the full record is falling.
- Where does this Taiwan, China data come from?
- The figures come from the World Bank, published as part of Paying taxes: Profit tax (% of profits). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.