The Corporate Tax Rate In the Euro Area stands at 23.30 percent.

Corporate Tax Rate in the Euro Area averaged 28.29 percent from 1995 until 2018, reaching an all time high of 36.80 percent in 1995 and a record low of 23.30 percent in 2018. This page provides the latest reported value for - Euro area Corporate Tax Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro area Corporate Tax Rate - values, historical data and charts - was last updated on July of 2020. source: European Commission

Corporate Tax Rate in Euro area is expected to reach 23.30 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro area Corporate Tax Rate is projected to trend around 23.30 percent in 2021, according to our econometric models.

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Euro area Corporate Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
23.30 24.10 36.80 23.30 1995 - 2018 percent Yearly

Euro area Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 23.30 24.10 36.80 23.30 percent [+]
Personal Income Tax Rate 41.50 42.40 49.00 38.80 percent [+]
Sales Tax Rate 20.80 20.80 20.80 13.50 percent [+]

Euro area Corporate Tax Rate
In the Euro area, the Corporate Income tax rate is an average of the taxes collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income.