Hong Kong, China vs Oman: Statutory corporate income tax rate
Statutory corporate income tax rate over time
- Hong Kong, China
- Oman
How they compare
Hong Kong, China currently reports 16.5% against 15.0% in Oman, a difference of 1.5%.
That makes Hong Kong, China's figure about 1.1 times Oman's.
Across all 19 years both countries report, Hong Kong, China has been ahead every year.
Hong Kong, China ranks 68th and Oman ranks 70th of 93 countries.
Hong Kong, China has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Hong Kong, China | Oman | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 16.9% | 12.0% | 4.9% | Hong Kong, China |
| 2010s | 16.5% | 12.7% | 3.8% | Hong Kong, China |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher statutory corporate income tax rate, Hong Kong, China or Oman?
- Hong Kong, China, at 16.5% against 15.0% in Oman as of 2018.
- What is the difference in statutory corporate income tax rate between Hong Kong, China and Oman?
- 1.5%, with Hong Kong, China ahead.
- How many years of comparable data are there for Hong Kong, China and Oman?
- 19 years are reported by both, from 2000 to 2018.
- How do Hong Kong, China and Oman rank globally for statutory corporate income tax rate?
- Hong Kong, China ranks 68th and Oman ranks 70th of 93 countries.
- Where does this data come from?
- OECD (2019) – 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.