Here Are the Five Countries with the Highest Income Tax (2024)

By Faustine Ngila, Quartz (TNS)

Côte d’Ivoire citizens pay the highest income taxes in the world according to this year’ssurvey findingsby World Population Review.

While both its sales and corporate tax regimes may be considerably lower than those of other countries globally, at 60%,Côte d’Ivoire’s income tax ratesare markedly higher compared to developed countries.

OnlyFinland(56.95%),Japan(55.97%),Denmark(55.90%), andAustria(55%) closely follow Côte d’Ivoire to round up the top five countries with the highest income tax, in a study that surveyed over 150 countries.

The world’s top 10 tax havens, according to the study, areLuxembourg,Cayman Islands, Isle of Man, Jersey,Ireland,Mauritius,Bermuda,Monaco,Switzerland, and theBahamas.

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