Australia Total Tax Rate: % of Profit

Australia Total Tax Rate: % of Profit data was reported at 47.400 % in 2019. This stayed constant from the previous number of 47.400 % for 2018. Australia Total Tax Rate: % of Profit data is updated yearly, averaging 47.600 % from Dec 2005 (Median) to 2019, with 15 observations. The data reached an all-time high of 52.100 % in 2005 and a record low of 47.200 % in 2012. Australia Total Tax Rate: % of Profit data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Company Statistics. Total tax rate measures the amount of taxes and mandatory contributions payable by businesses after accounting for allowable deductions and exemptions as a share of commercial profits. Taxes withheld (such as personal income tax) or collected and remitted to tax authorities (such as value added taxes, sales taxes or goods and service taxes) are excluded.;World Bank, Doing Business project (http://www.doingbusiness.org/). NOTE: Doing Business has been discontinued as of 9/16/2021. For more information: https://bit.ly/3CLCbme;Unweighted average;Data are presented for the survey year instead of publication year.

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What was Australia's Australia Total Tax Rate: % of Profit in 2019?

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