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1 Kyle Pomerleau, Corporate Income Tax Rates around the World, 2014 1 (2014)

handle is hein.taxfoundation/taxfaac0001 and id is 1 raw text is: TAX FOUNDATION FISCAL FACT Aug. 2014 No. 436 Corporate Income Tax Rates around the World, 2014 By Kyle Pomereau Economist Key Findings * The United States has the third highest general top marginal corporate income tax rate in the world at 39.1 percent, exceeded only by Chad and the United Arab Emirates. * The worldwide average top corporate income tax rate is 22.6 percent (30.6 percent weighted by GDP). * By region, Europe has the lowest average corporate tax rate at 18.6 percent (26.3 percent weighted by GDP); Africa has the highest average tax rate at 29.1 percent. * Larger, more industrialized countries tend to have higher corporate income tax rates than developing countries. * The worldwide (simple) average top corporate tax rate has declined over the past decade from 29.5 percent to 22.6 percent. * Every region in the world has seen a decline in their average corporate tax rate in the past decade.