Are taxes higher in France or Spain?
Are taxes higher in France or Spain? Some regions in Spain, like the Valencia Community, have the fourth highest top-income tax rate in Europe (54 percent), after Denmark (55.9 percent), France (55.4 percent), and Austria (55 percent).
What is the average income in France?
How much do people earn in France? According to the data from the National Institute of Statistics and Economic Studies (INSEE), the average gross salary in France in 2023 was approximately 39,800 euros. This is one of the highest figures among EU countries. Furthermore, the level of earnings is constantly increasing.
Which EU country has highest tax?
Finland. Finland has the highest taxes in Europe and the second highest taxes in the world. The rates are so high that this small home of just 5.5 million people earns a place in this list of highest tax countries, courtesy of its top marginal tax rate of 56.95%.
Which country in Europe has the lowest taxes?
- Andorra. This medieval village nestled into the mountainside shows the beauty of the Andorran countryside. ...
- Hungary. Beating Bulgaria, Hungary has a corporate income tax rate of 9% tax rate with no minimum. ...
- Bulgaria. ...
- Czech Republic. ...
- Georgia. ...
- Gibraltar. ...
- Malta. ...
- Monaco.