According to the Corporate and Indirect Tax Survey by KPMG International, the world’s average tax rate has fallen steadily over the past 11 years, from 29.03% in 2000 to 22.96% this year. Europe is the only region where a slight increase was recorded year-on-year, from 19.98% in 2010 to 20.12% in 2011. Compared to the corporate tax rates in other European countries, Switzerland (city of Zurich) lies in 13th place, down one place on last year. If, for ease of comparison, the average rate of all the cantons is used, Switzerland remains in 8th position, with an average corporate tax rate of 18.31%.
Average sales tax rates at the global level have been relatively stable for the past three years, and currently stand at 15.41%. In Europe, sales tax rates are rising slightly, from an average of 19.67% in the previous year to 19.71% this year.
An additional presentation with the international comparison of the Swiss cantons is available here.