Corporate income tax (CIT) - statutory and targeted small business in New Zealand
New Zealand: Corporate income tax (CIT) - statutory and targeted small business was 28 Percentage of taxable income in 2026. ▼ Falling
Corporate income tax (CIT) - statutory and targeted small business in New Zealand, 2000–2026
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of taxable income.
Analysis
New Zealand recorded 28 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.
Compared with earlier readings it is unchanged over ten years.
Over the whole period, corporate income tax (cit) - statutory and targeted small business in New Zealand peaked at 33 Percentage of taxable income in 2000 and was at its lowest, 28 Percentage of taxable income, in 2011.
That places New Zealand 29th out of 128 countries with data for 2026, putting it in the top quarter.
The long-run direction has been consistently falling across the 27 years of available data.
Corporate income tax (CIT) - statutory and targeted small business in New Zealand, year by year
| Year | Percentage of taxable income | Change |
|---|---|---|
| 2000 | 33 Percentage of taxable income | — |
| 2001 | 33 Percentage of taxable income | +0.0% |
| 2002 | 33 Percentage of taxable income | +0.0% |
| 2003 | 33 Percentage of taxable income | +0.0% |
| 2004 | 33 Percentage of taxable income | +0.0% |
| 2005 | 33 Percentage of taxable income | +0.0% |
| 2006 | 33 Percentage of taxable income | +0.0% |
| 2007 | 33 Percentage of taxable income | +0.0% |
| 2008 | 30 Percentage of taxable income | -9.1% |
| 2009 | 30 Percentage of taxable income | +0.0% |
| 2010 | 30 Percentage of taxable income | +0.0% |
| 2011 | 28 Percentage of taxable income | -6.7% |
| 2012 | 28 Percentage of taxable income | +0.0% |
| 2013 | 28 Percentage of taxable income | +0.0% |
| 2014 | 28 Percentage of taxable income | +0.0% |
| 2015 | 28 Percentage of taxable income | +0.0% |
| 2016 | 28 Percentage of taxable income | +0.0% |
| 2017 | 28 Percentage of taxable income | +0.0% |
| 2018 | 28 Percentage of taxable income | +0.0% |
| 2019 | 28 Percentage of taxable income | +0.0% |
| 2020 | 28 Percentage of taxable income | +0.0% |
| 2021 | 28 Percentage of taxable income | +0.0% |
| 2022 | 28 Percentage of taxable income | +0.0% |
| 2023 | 28 Percentage of taxable income | +0.0% |
| 2024 | 28 Percentage of taxable income | +0.0% |
| 2025 | 28 Percentage of taxable income | +0.0% |
| 2026 | 28 Percentage of taxable income | +0.0% |
New Zealand compared with similar countries
- New Zealand's 28 Percentage of taxable income is above the median for high income countries, which is 21.5 Percentage of taxable income, 1.3× the median. (60 countries reporting)
- New Zealand's 28 Percentage of taxable income is above the median for East Asia & Pacific, which is 25 Percentage of taxable income, 1.1× the median. (14 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 32.4 Percentage of taxable income | 30 Percentage of taxable income | 33 Percentage of taxable income | 10 |
| 2010s | 28.2 Percentage of taxable income | 28 Percentage of taxable income | 30 Percentage of taxable income | 10 |
| 2020s | 28 Percentage of taxable income | 28 Percentage of taxable income | 28 Percentage of taxable income | 7 |
Countries ranked near New Zealand
- 26 Peru 29.5 Percentage of taxable income compare
- 26 Portugal 29.5 Percentage of taxable income compare
- 28 Pakistan 29 Percentage of taxable income compare
- 29 Congo 28 Percentage of taxable income compare
- 29 Grenada 28 Percentage of taxable income compare
- 29 Saint Vincent and the Grenadines 28 Percentage of taxable income compare
More economy & growth data for New Zealand
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.71 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.37 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 23.86 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0001 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 4.48 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.61 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 104.98 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0137 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 677.46 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 27.59 % change on previous year (2025)
Frequently asked questions
- What is corporate income tax (cit) - statutory and targeted small business in New Zealand?
- Corporate income tax (cit) - statutory and targeted small business in New Zealand was 28 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 New Zealand?
- The highest recorded value was 33 Percentage of taxable income in 2000.
- What is the lowest corporate income tax (cit) - statutory and targeted small business recorded in New Zealand?
- The lowest recorded value was 28 Percentage of taxable income in 2011.
- How does New Zealand rank for corporate income tax (cit) - statutory and targeted small business?
- New Zealand ranks 29th out of 128 countries with data for 2026.
- Is corporate income tax (cit) - statutory and targeted small business rising or falling in New Zealand?
- Over the last ten years it is unchanged. The long-run trend across the full record is falling.
- Where does this New Zealand 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.
Download this data
CSV · JSON — 27 observations, free to reuse under OECD Terms and Conditions (attribution required).
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.