Canada vs Luxembourg: Statutory corporate income tax rate
Statutory corporate income tax rate over time
- Canada
- Luxembourg
How they compare
Canada currently reports 26.8% against 26.0% in Luxembourg, a difference of 0.8%.
The two have swapped places 2 times across 19 shared years of data; in 2000 it was Canada ahead.
Canada ranks 28th and Luxembourg ranks 29th of 93 countries.
Across the 2 decades both report, Canada averaged higher in 1 and Luxembourg in 1.
Head to head by decade
| Decade | Canada | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 35.6% | 31.4% | 4.2% | Canada |
| 2010s | 26.9% | 28.5% | 1.5% | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher statutory corporate income tax rate, Canada or Luxembourg?
- Canada, at 26.8% against 26.0% in Luxembourg as of 2018.
- What is the difference in statutory corporate income tax rate between Canada and Luxembourg?
- 0.8%, with Canada ahead.
- How many years of comparable data are there for Canada and Luxembourg?
- 19 years are reported by both, from 2000 to 2018.
- How do Canada and Luxembourg rank globally for statutory corporate income tax rate?
- Canada ranks 28th and Luxembourg ranks 29th of 93 countries.
- Where does this data come from?
- OECD (2019) β processed by Our World in Data, published as Statutory corporate income tax rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Estimates correspond to the combined rates for central and sub-central government levels (i.e. central government corporate tax rate, less deductions for sub-national taxes, plus sub-central corporate tax rate). Figures correspond to the standard rate that is not targeted at particular industries or income types. The top marginal rate is reported if the corporate tax system is progressive.