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Corporate and Indirect Tax Rate survey 2012
Corporate and Indirect Tax Rate survey 2012
KPMG International releases its annual Corporate and Indirect Tax Rate survey.
As 2012 came to a close the average global indirect tax increased by 0.17% to 15.50%. Meanwhile, the average global corporate tax rate average remained almost the same with a small decline of 0.09% to 24.43%.
Mirroring the trends seen in past years, corporate and indirect tax rates around the world are in a constant state of change as governments look to increase indirect rates to raise revenue but to decrease corporate tax rates to attract investment. As 2012 came to a close the average global indirect tax increased by 0.17% to 15.50%. Meanwhile, the average global corporate tax rate average remained almost the same with a small decline of 0.09% to 24.43%.