Corporate income tax (CIT) - statutory and targeted small business in Australia
Australia: Corporate income tax (CIT) - statutory and targeted small business was 30 Percentage of taxable income in 2026. ▬ Flat
Latest (2026)
30 Percentage of taxable income
Change on year
unchanged
World rank
10th
of 128 countries
All-time high
34 Percentage of taxable income
in 2000
All-time low
30 Percentage of taxable income
in 2001
Years of data
27
2000–2026
Corporate income tax (CIT) - statutory and targeted small business in Australia, 2000–2026
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of taxable income.
Analysis
Australia recorded 30 Percentage of taxable income for corporate income tax (cit) - statutory and targeted small business in 2026. That is the lowest value across all 27 years on record.
The figure is unchanged over ten years.
Over the whole period, corporate income tax (cit) - statutory and targeted small business in Australia peaked at 34 Percentage of taxable income in 2000 and was at its lowest, 30 Percentage of taxable income, in 2001.
That places Australia 10th out of 128 countries with data for 2026, putting it in the top 10%.
Corporate income tax (CIT) - statutory and targeted small business in Australia, year by year
| Year | Percentage of taxable income | Change |
|---|---|---|
| 2000 | 34 Percentage of taxable income | — |
| 2001 | 30 Percentage of taxable income | -11.8% |
| 2002 | 30 Percentage of taxable income | +0.0% |
| 2003 | 30 Percentage of taxable income | +0.0% |
| 2004 | 30 Percentage of taxable income | +0.0% |
| 2005 | 30 Percentage of taxable income | +0.0% |
| 2006 | 30 Percentage of taxable income | +0.0% |
| 2007 | 30 Percentage of taxable income | +0.0% |
| 2008 | 30 Percentage of taxable income | +0.0% |
| 2009 | 30 Percentage of taxable income | +0.0% |
| 2010 | 30 Percentage of taxable income | +0.0% |
| 2011 | 30 Percentage of taxable income | +0.0% |
| 2012 | 30 Percentage of taxable income | +0.0% |
| 2013 | 30 Percentage of taxable income | +0.0% |
| 2014 | 30 Percentage of taxable income | +0.0% |
| 2015 | 30 Percentage of taxable income | +0.0% |
| 2016 | 30 Percentage of taxable income | +0.0% |
| 2017 | 30 Percentage of taxable income | +0.0% |
| 2018 | 30 Percentage of taxable income | +0.0% |
| 2019 | 30 Percentage of taxable income | +0.0% |
| 2020 | 30 Percentage of taxable income | +0.0% |
| 2021 | 30 Percentage of taxable income | +0.0% |
| 2022 | 30 Percentage of taxable income | +0.0% |
| 2023 | 30 Percentage of taxable income | +0.0% |
| 2024 | 30 Percentage of taxable income | +0.0% |
| 2025 | 30 Percentage of taxable income | +0.0% |
| 2026 | 30 Percentage of taxable income | +0.0% |
Australia compared with similar countries
- Australia's 30 Percentage of taxable income is above the median for high income countries, which is 21.5 Percentage of taxable income, 1.4× the median. (60 countries reporting)
- Australia's 30 Percentage of taxable income is above the median for East Asia & Pacific, which is 25 Percentage of taxable income, 1.2× the median. (14 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 30.4 Percentage of taxable income | 30 Percentage of taxable income | 34 Percentage of taxable income | 10 |
| 2010s | 30 Percentage of taxable income | 30 Percentage of taxable income | 30 Percentage of taxable income | 10 |
| 2020s | 30 Percentage of taxable income | 30 Percentage of taxable income | 30 Percentage of taxable income | 7 |
Countries ranked near Australia
- 7 Cameroon 33 Percentage of taxable income compare
- 7 Croatia 18 Percentage of taxable income compare
- 8 Poland 19 Percentage of taxable income compare
- 8 Moldova 12 Percentage of taxable income compare
- 8 Namibia 32 Percentage of taxable income compare
- 9 Germany 30.13 Percentage of taxable income compare
- 9 Lithuania 17 Percentage of taxable income compare
- 9 Anguilla 0 Percentage of taxable income
- 10 Benin 30 Percentage of taxable income compare
- 10 Gabon 30 Percentage of taxable income compare
- 10 Haiti 30 Percentage of taxable income compare
- 10 Kenya 30 Percentage of taxable income compare
- 10 Montserrat 30 Percentage of taxable income compare
- 10 Nigeria 30 Percentage of taxable income compare
- 10 Papua New Guinea 30 Percentage of taxable income compare
- 10 Saint Lucia 30 Percentage of taxable income compare
- 10 Senegal 30 Percentage of taxable income compare
- 10 Sri Lanka 30 Percentage of taxable income compare
- 10 Trinidad and Tobago 30 Percentage of taxable income compare
- 10 Zambia 30 Percentage of taxable income compare
- 10 Costa Rica 30 Percentage of taxable income compare
- 10 Mexico 30 Percentage of taxable income compare
More economy & growth data for Australia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.36 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.26 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -4.55 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0025 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -164.69 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 36.52 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -32.02 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0203 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,323 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.24 % change on previous year (2025)
Frequently asked questions
- What is corporate income tax (cit) - statutory and targeted small business in Australia?
- Corporate income tax (cit) - statutory and targeted small business in Australia was 30 Percentage of taxable income in 2026, according to Organisation for Economic Co-operation and Development.
- What is the highest corporate income tax (cit) - statutory and targeted small business recorded in Australia?
- The highest recorded value was 34 Percentage of taxable income in 2000.
- What is the lowest corporate income tax (cit) - statutory and targeted small business recorded in Australia?
- The lowest recorded value was 30 Percentage of taxable income in 2001.
- How does Australia rank for corporate income tax (cit) - statutory and targeted small business?
- Australia ranks 10th out of 128 countries with data for 2026.
- Is corporate income tax (cit) - statutory and targeted small business rising or falling in Australia?
- Over the last ten years it is unchanged. The long-run trend across the full record is flat.
- Where does this Australia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Corporate income tax (CIT) - statutory and targeted small business rates — Combined corporate income tax rate. Statizoid updates them automatically from the source API.
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About this data
Statutory and targeted, sub-central and combined corporate income tax (CIT) rates. Targeted rates of 'small incorporated business' are on the basis of size alone (e.g. number of employees, amount of assets, turnover or taxable income) and not on the basis of expenditures or other targeting criteria. Targeted rates data are only available for OECD member countries.