Much like previous years, tax rates continue to be in a state of flux with the trend towards governments decreasing their corporate tax rates in favor of increases in indirect tax rates to attract foreign investment. Since KPMG's previous edition of the rate survey (in 2012), 13 countries increased their indirect tax rate and none decreased. Nine countries increased their corporate tax rate and 24 decreased. KPMG International’s Corporate and Indirect Tax Rate Survey 2014 reviews the changes and trends in over 130 countries.
In this edition, you'll find the following: