World

Countries with the Highest Income Tax Rates

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1. Ivory Coast

Ivory Coast (Côte d’Ivoire) is a West African country. It has the highest income tax rate in the world at 60 percent. 
 

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2. Finland

In Europe, Finland has the highest tax rate, and globally, it has the second highest taxes at 56.95 percent. 
 

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3. Japan

Japan stands out as the only Asian country in the list with a tax rate of 55.97 percent. 
 

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4. Denmark

Denmark, a Scandinavian country, has a tax rate of 56 percent. 
 

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5. Austria

Austria, a beautiful country in Central Europe, has a tax rate of 55 percent. 

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6. Sweden

In Sweden, the personal income tax rate is 52.9 percent. 

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7. Aruba

Aruba is a country situated in the south of the Caribbean Sea. In Aruba, the personal income tax rate is 52 percent. 

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8. Belgium

Belgium has a tax rate of 50 percent. 

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9. Israel

Israel, a Middle Eastern country, has a tax rate of 50 percent.
 

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10. Slovenia

Slovenia, a European country renowned for breathtaking mountains and lakes, has a tax rate of 50 percent.

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